How Wang Chuanfu transformed a humble Shenzhen battery manufacturer into a vertically integrated automotive powerhouse spanning mass-market hatches to ultra-luxury supercars.
When Wang Chuanfu established BYD in Shenzhen in February 1995, the global automotive establishment barely noticed a modest specialist in rechargeable mobile phone batteries.
The foundation of BYD’s relentless market march lies in absolute, ruthless vertical integration.
BYD demonstrated its decisive pivot in 2022 by becoming the world’s first major automotive manufacturer to entirely discontinue production of purely internal combustion engine…
How Wang Chuanfu transformed a humble Shenzhen battery manufacturer into a vertically integrated automotive powerhouse spanning mass-market hatches to ultra-luxury supercars.