Manufacturing Magazine September 2024 | Page 30

Wang Chuanfu Founder and CEO , BYD

The electric vehicle ( EV ) market and the manufacturing arms behind it are dominated by big names including Tesla and Mercedes . But one of the biggest and most impactful names in this arena is BYD , headed up by Founder , Chairman and CEO Wang Chuanfu .

The chemist and billionaire entrepreneur leads the multinational conglomerate manufacturing company , which is made up of a number of major subsidiaries , including BYD Auto , a passenger battery EV and plug-in hybrid EVs – collectively known as new energy vehicles in China – and BYD Electronics , which produces electronic parts and assembly .
Few names shine as brightly as Wang Chuanfu ’ s when it comes to the world of automotive and manufacturing innovation . Under his visionary leadership , BYD has grown from a small battery manufacturer into a global EV powerhouse , as well as a leader in renewable energy solutions .
An extraordinary career Since the founding of BYD in 1995 and BYD Auto eight years later , they have had a transformative impact on the manufacturing and automotive industries as they both navigate a time of unprecedented pressure and change .
Wang Chuanfu has shaped and grown BYD from a Chinese underdog to market leader , soaring above the industry
30 September 2024