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BYD

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#electric vehicles#byd#global expansion#battery technology#sustainable development
BYD
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BYD, founded by Wang Chuanfu, has become the world's top electric vehicle maker by annual sales, surpassing Tesla with 4.6 million deliveries last year. The company, known for its focus on affordable, high-spec engineering, now sells vehicles in over 70 countries and operates factories globally. BYD continues to expand its product lineup and global production, including a new factory planned for Hungary later this year.

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TIME — Top
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While China has long been the world’s factory, it has historically focused on manufacturing other country’s products. This irked BYD founder Wang Chuanfu, who set his sights on creating an electric vehicle brand that would be known all over the planet for high spec engineering at the lowest possible price. Today, Wang’s dream is a reality: BYD vehicles are sold in over 70 countries with factories in Brazil, India, Japan, California, and, later this year, also Hungary. With 4.6 million vehicle deliveries last year, BYD surpassed Tesla to become the world’s top electric vehicle maker on total annual sales.

Excerpt limited to ~120 words for fair-use compliance. The full article is at TIME — Top.

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