# If BYD moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/byd · Facet: ripple · Updated: 2026-07-12T03:36:23.636+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, BYD is directly linked to 7 companies (5 supply, 3 revenue, 1 investment relationships) and reaches 12 companies within two hops; the links are backed by 16 dated sources, 3 of them primary filings (as of 2026-07-12).

BYD operates across Hang Seng, EV & battery vertical integration, Blade LFP (captive + external). It is -11.4% in 2026. Demand side (avg -21.8%), the stock (-11.4%) and supply side (avg -12.7%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is Lotte Energy Materials (-5.1%) and the furthest behind is BYD Electronics (-24.1%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Most output is consumed captively in BYD's own EVs, but external supply to Tesla (energy storage) and Toyota is growing fast.

## Demand chain (leading)
- T1 Tesla (https://valuechain.wiki/tesla.md)
- T2 PG&E Corporation (https://valuechain.wiki/pg-e.md)
- T2 Edison International (https://valuechain.wiki/edison-international.md)
- T1 BYD Electronics (https://valuechain.wiki/byd-electronics.md)
- T2 Apple (https://valuechain.wiki/apple.md)
- T3 T-Mobile US, Inc. (https://valuechain.wiki/t-mobile-us.md)
- T3 Target Corporation (https://valuechain.wiki/target.md)
- T3 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T2 Xiaomi (https://valuechain.wiki/xiaomi.md)
- T2 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T3 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Meta Platforms (https://valuechain.wiki/meta.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T3 Super Micro (https://valuechain.wiki/super-micro.md)
- T3 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 IREN (https://valuechain.wiki/iren.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Aurora Innovation (https://valuechain.wiki/aurora.md)
- T3 TeraWulf (https://valuechain.wiki/terawulf.md)
- T3 Pony.ai (https://valuechain.wiki/pony-ai.md)
- T3 Wiwynn (https://valuechain.wiki/wiwynn.md)
- T3 Rigetti Computing (https://valuechain.wiki/rigetti.md)
- T3 Quanta Computer (https://valuechain.wiki/quanta.md)
- T3 Dell Technologies (https://valuechain.wiki/dell.md)
- T3 CrowdStrike (https://valuechain.wiki/crowdstrike.md)
- T3 Datadog (https://valuechain.wiki/datadog.md)
- T3 Snowflake (https://valuechain.wiki/snowflake.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T3 Lenovo (https://valuechain.wiki/lenovo.md)
- T3 ServiceNow (https://valuechain.wiki/servicenow.md)
- T3 Hewlett Packard Enterprise (https://valuechain.wiki/hpe.md)
- T3 Palantir Technologies (https://valuechain.wiki/palantir.md)
- T3 Kratos Defense (https://valuechain.wiki/kratos.md)
- T3 Schrodinger (https://valuechain.wiki/schrodinger.md)
- T3 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 Uber (https://valuechain.wiki/uber.md)
- T3 SK Telecom (https://valuechain.wiki/sk-telecom.md)
- T3 Illumina (https://valuechain.wiki/illumina.md)
- T3 General Motors (https://valuechain.wiki/general-motors.md)
- T3 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T3 Gigabyte Technology (https://valuechain.wiki/gigabyte.md)
- T3 ASUSTeK Computer (https://valuechain.wiki/asustek.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Wistron (https://valuechain.wiki/wistron.md)
- T3 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 Celestica (https://valuechain.wiki/celestica.md)
- T3 Geely Auto (https://valuechain.wiki/geely-auto.md)
- T3 Baidu (https://valuechain.wiki/baidu.md)
- T3 IonQ (https://valuechain.wiki/ionq.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 Cloudflare (https://valuechain.wiki/cloudflare.md)
- T3 Alibaba Group (https://valuechain.wiki/alibaba.md)
- T3 Mercury Systems (https://valuechain.wiki/mercury-systems.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 Tempus AI (https://valuechain.wiki/tempus-ai.md)
- T3 Tencent Holdings Limited (https://valuechain.wiki/tencent-holdings-limited.md)
- T3 IBM (https://valuechain.wiki/ibm.md)
- T3 Schlumberger (https://valuechain.wiki/schlumberger.md)
- T3 Agilent Technologies, Inc. (https://valuechain.wiki/agilent-technologies.md)
- T3 Yum! Brands (https://valuechain.wiki/yum-brands.md)
- T3 GE HealthCare Technologies Inc. (https://valuechain.wiki/ge-healthcare.md)

## Supply chain (benefiting)
- T1 BTR New Material Group Co., Ltd (https://valuechain.wiki/btr-new-material.md)
- T1 Yunnan Energy New Material (SEMCORP) (https://valuechain.wiki/yunnan-energy.md)
- T1 Lotte Energy Materials (https://valuechain.wiki/lotte-energy-materials.md)
- T2 Lotte Chemical (https://valuechain.wiki/lotte-chemical.md)
- T3 Itochu (https://valuechain.wiki/itochu.md)
- T1 Tinci Materials (https://valuechain.wiki/tinci.md)
- T1 BYD Electronics (https://valuechain.wiki/byd-electronics.md)

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Full node: https://valuechain.wiki/byd.md · JSON: https://valuechain.wiki/byd.json