TIME names BYD among its “most influential companies”

TIME announced Tuesday BYD (“Build Your Dreams”) earned a spot on its inaugural “100 Most Influential Companies” list, recognizing the company’s extraordinary impact as the world’s leading electric vehicle manufacturer. 

Under the headline “Scaling Electric Transport,” Time recognized BYD’s U.S. battery-electric bus manufacturing business and cited the “revving up” of BYD’s electric passenger car business, including the popularity of the new luxury sedan Han. The article also mentioned the company’s European presence and a partnership to build Japan’s first electric bus-loop line. 

“We are honored TIME recognized BYD for its contributions to the transportation business worldwide,” said BYD North America President Stella Li. “Our proven innovative technology for cars, buses, trucks, forklifts, and rail systems combats climate change and creates new jobs. We are proud to be a leader and influencer.” 

To assemble the list, TIME solicited nominations across every sector—including health care, entertainment, transportation, technology and more—from its global network of editors and correspondents, as well as from industry experts. Each company was then evaluated on key factors, including relevance, impact, innovation, leadership, ambition and success.