BYD reshuffles board and key oversight committees

BYD announced significant changes to its board of directors and board committees. The reshuffle introduces new non-executive and independent non-executive directors, alongside revised memberships across key oversight committees.

Shareholders also approved amendments to the company's Articles of Association, adjusting parts of its formal governance framework. The automaker operates across mainland China, Hong Kong, Macau, Taiwan, and international markets, spanning both electric vehicles and energy storage.

The committee changes include shifts in the audit, remuneration, and strategy committees. These bodies will oversee capital allocation across major international projects, including a 1 billion dollar plant in Camacari, Brazil, and a planned network of 6,000 fast-charging stations by March 2027.