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Wednesday, January 15, 2025

BYD Has 538 Obtained New Patent Authorizations This Yr Already (2025)


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One in all our readers who follows BYD carefully dropped a remark underneath an article earlier right this moment, referencing an article from China. “BYD has obtained 538 new patent authorizations this yr, a rise of 216.47% over the identical interval final yr,” he quoted (utilizing machine translation).

I initially couldn’t imagine that was the overall thus far in 2025. I believed possibly it was outdated information from the tip of 2024, or maybe one thing was misplaced in translation.

However, no, this was only for 2025 — the primary two weeks of 2025 (virtually). “That works out to roughly 40 per calendar day awarded, 50 per working day thus far this yr,” our reader, Larry Evans, wrote. Certainly, 50 patents per working day. Insane.

After all, Larry has recognized and been mentioning for a number of months that BYD’s innovation is at one other stage. Specifically in a remark thread evaluating BYD and Tesla, Larry wrote, “BYD invests extra in R&D and employs by far essentially the most R&D engineers of any automaker. BYD has extra clear tech IP. BYD is extra vertically built-in. BYD makes all of its personal batteries and provides many of the supplies inside them. BYD has a bigger enterprise past automotive with a bigger electronics, ESS, and photo voltaic presence (though these are lower-margin segments). BYD has a a lot bigger industrial car presence. And BYD is promoting most of their automobiles beneath the $30,000 value level that Elon has been promising for over a decade however has by no means delivered upon.”

There’s much more of curiosity in that prolonged remark that I became a standalone CleanTechnica article, however right here’s in all probability an important line in the case of this patent information, so I’ll put it in daring as properly: “Not solely have they got 110,000+ R&D engineers, however they work in a complete digital twin system the place even a minor change to a part virtually immediately updates each different facet, from aerodynamic, mechanical, and electrical hundreds to manufacturing tooling. As a result of they make virtually all the car, the mixing with the digital twin is seamless and lets them develop and optimize automobiles and the programs inside them in a fraction of the time. In case you are truly conscious of all the pieces BYD is doing, it’s virtually unattainable to not be impressed.”

Even higher, in a separate article a pair months later, in December 2024, Larry wrote: “Apple has more and more shifted to a BYD partnership throughout China, Vietnam, and India. BYD presently has roughly 100,000 workers and 10,000 engineers devoted to the Apple provide chain — roughly 1/ninth of their whole workers and 1/twelfth of their engineers. This isn’t simply meeting, but in addition growing a lot of the know-how inside Apple units and producing a big share of the elements. When you personal a latest Apple gadget, a lot of it’s doubtless from BYD.” Wait, why are we speaking about Apple client units now? As a result of BYD is taking an identical method within the automotive business. It’s out-innovating everybody whereas quickly scaling up.

“When folks understand that China now educates as many degreed engineers in a bit of over a yr as the whole US engineering workforce, many get scared. BYD’s R&D engineering workforce alone is well greater than all US-based automakers mixed.”

By the way in which, even by BYD’s requirements, 2025 is seeking to be a blockbuster yr. These 538 new patents famous on the prime, they’re a 216.47% enhance yr over yr from new BYD patents in early 2024. “Mixed with the corporate’s 2024 interim monetary information, the corporate invested 19.621 billion yuan in analysis and growth within the first half of 2024, a year-on-year enhance of 41.82%.” That’s $2.7 billion USD.

BYD additionally has a brand new automotive that can leap over a pothole. Sure, the Yangwang U9 prices over $200,000. However the level is that BYD is on the market breaking new floor — on the prime finish of the auto market in addition to the underside finish. And now there are spy pictures out for one more absolutely super-high-performance … supercar.

Years in the past, Charlie Munger obtained Warren Buffett to purchase lots of BYD shares by way of Berkshire Hathaway when Munger was deeply impressed by BYD Founder, CEO, and Chairman Wang Chuanfu. They broke their guidelines for investing on this case as a result of Munger was so impressed with Wang Chuanfu and satisfied Buffett to make an exception on this one. It positive looks like a case the place Munger’s sixth sense for investing actually kicked in and he made an excellent alternative.

So, to wrap up, what number of new patents do you suppose BYD will stroll away with in 2025?



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