BYD's semiconductor business started earlier than its automotive business

Li Yunfei, General Manager of BYD Brand and Public Relations, mentioned in an interview that BYD established a semiconductor team in 2002, one year earlier than the start of its automotive business in 2003. In 2008, BYD acquired Ningbo Zhongwei Semiconductor, a move that attracted widespread attention in the industry at the time. Li Yunfei said that BYD's goal in entering the automotive industry is to develop electric vehicles, and the development of electric vehicles requires the support of semiconductor material modules such as IGBT.