BYD is a Chinese automobile brand founded in 1995, mainly producing commercial and household sedans and batteries. Starting from a team of over 20 people, BYD grew into the world's second largest rechargeable battery manufacturer in 2003 and established BYD Auto in the same year. BYD Auto follows the development path of independent research and development, independent production, and independent branding, and is committed to creating truly affordable national vehicles. The product design not only draws on advanced concepts of international trends, but also conforms to the aesthetic concepts of Chinese culture. On November 8, 2017, BYD was selected as one of the top 30 commercial cases in China by Time Influence. In December 2019, BYD was selected as one of the 100 exemplary brands at the 2019 China Brand Power Awards. [3] On December 18, 2019, the People's Daily released the China Brand Development Index 100 list, with BYD ranking 24th.