BYD Electronics vs Minth Group: Contract manufacturing compared

November 2026 edition · assessment by Frontier Tech Intelligence

Minth Group ranks 37 on the Humanoids 100 with a score of 67; BYD Electronics ranks 52 with 64. BYD Electronics is ahead on production, technology and firepower. Minth Group is ahead on deployment, commercials, progress and leverage. Level on positioning. BYD Electronics is based in Shenzhen, China, Minth Group in Jiaxing, China. BYD Electronics: Established. BYD Electronics is named in 0 signals and Minth Group in 12.

BYD Electronics →

Shenzhen, Guangdong, China · Humanoids · Manufacturing / Contract manufacturing · Established · byd-electronics.com

BYD Electronics has reported robotics-related manufacturing initiatives, but the available facts do not clearly establish a distinct humanoid-robot product line or customer-facing humanoid manufacturing business.

Humanoids 100 · rank 52 · score 64Robotics · prospect · score 32

Scores, Humanoids (of 10)

Deployment4
Production8
Commercials4
Progress6
Technology6
Positioning6
Firepower10
Leverage6

Darker bar: ahead of the other company on that measure.

Positioning

BYD Electronic is a Chinese Apple-chain contract manufacturer (HKEX:0285) and NVIDIA Isaac adopter, positioned as the listed entity most likely to carry humanoid assembly work within the BYD group. Parent BYD's humanoid program (Yao-Shun-Yu, under its 15th Business Division, in secret development since 2022) made its public debut in August 2026, with EVP Stella Li describing auto AI, motor, battery, and control technology as directly transferable and targeting robot sales advisors in showrooms within one to two years. The current-year revenue figure was not re-verified this pass (historically RMB 170B+ class); the BYD humanoid itself is tracked as a parent-division program.

Facts, with sources

  • BYD Electronic H1 2026 revenue was RMB82.23bn (+2.0%) while attributable net profit fell 75.4% to RMB426m and gross margin dropped to 4.91% from 6.88%.quartr.com
  • BYD Electronic Q1 2026 net profit fell 95.5% year on year to RMB28m on revenue of RMB38.2bn; Citi kept a sell rating with a HK$22.6 target.m.gelonghui.com
  • BYD Electronic reported FY2025 revenue of RMB179.48bn (+1.2%) and attributable profit of RMB3.51bn (-17.6%); AI computing infrastructure revenue was about RMB943m (+31.7%).www1.hkexnews.hk

24 facts on file.

Minth Group →

Jiaxing, Zhejiang, China · Humanoids · Manufacturing / Contract manufacturing · minthgroup.com

Minth operates humanoid-robot mass-production facilities in Serbia and manufactures AGIBOT humanoids and robot dogs using its automotive production capabilities.

Humanoids 100 · rank 37 · score 67Robotics · watchlist · score 66

Scores, Humanoids (of 10)

Deployment6
Production6
Commercials10
Progress10
Technology4
Positioning6
Firepower8
Leverage8

Darker bar: ahead of the other company on that measure.

Positioning

Minth Group is a publicly listed Chinese automotive Tier-1 manufacturer extending its global metal, trim, aluminium, battery-housing, body-structure and factory network into contract manufacturing for humanoid and embodied robots. On Aug-26 it launched, with AGIBOT, Europe's first embodied-robot mass-production base in Šabac, Serbia; the first phase represents EUR20m, with a planned EUR200m robotics industrial park and up to 20,000 robots and robot dogs of annual capacity. AGIBOT supplies the robot technology, while Minth supplies manufacturing infrastructure; named ecosystem links include AGIBOT, Leaderdrive, Serbian government agencies, Toyota Tsusho, Aisin, EHang, Lexus, Volkswagen Scout, Hyundai-Kia, Huawei and Ford.

Latest signals

  • Minth Group and AGIBOT plan a €200 million Robotics Industrial Park in Inđija with annual capacity of up to 20,000 units.Humanoids Daily
  • Minth Group and AGIBOT inaugurated Europe’s first humanoid mass-production facility in Serbia.Humanoids Daily
  • Minth Group and AGIBOT launched the Serbian project with €20 million and a 5,000-unit initial assembly target.Humanoids Daily

12 signals name Minth Group.

Facts, with sources

  • Planned Robotics Industrial Park in InđijaHumanoids Daily
  • Europe's first humanoid mass-production facility inaugurated in SerbiaHumanoids Daily
  • Minth Group and AGIBOT inaugurated Europe's first humanoid mass-production facility in SerbiaHumanoids Daily

43 facts on file.

More comparisons

Questions this page answers

BYD Electronics or Minth Group: which is ahead in humanoids?

Minth Group ranks 37 on the Humanoids 100 with a score of 67; BYD Electronics ranks 52 with 64. BYD Electronics is ahead on production, technology and firepower. Minth Group is ahead on deployment, commercials, progress and leverage. Level on positioning. BYD Electronics is based in Shenzhen, China, Minth Group in Jiaxing, China. BYD Electronics: Established. BYD Electronics is named in 0 signals and Minth Group in 12.

How do BYD Electronics and Minth Group compare?

Minth Group ranks 37 on the Humanoids 100 with a score of 67; BYD Electronics ranks 52 with 64. BYD Electronics is ahead on production, technology and firepower. Minth Group is ahead on deployment, commercials, progress and leverage. Level on positioning. BYD Electronics is based in Shenzhen, China, Minth Group in Jiaxing, China. BYD Electronics: Established. BYD Electronics is named in 0 signals and Minth Group in 12. Both company files carry the scores on eight measures, the facts with sources and the latest signals.

Every comparison here comes from the same files members use every day.

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