LIFETIME OF ACHIEVEMENT IN MANUFACTURING
his company would be the world ’ s largest by 2025 . Just over 15 years later , BYD was be a dominating force in the EV market .
“ For new-energy cars , we believe we can become the global leader ,” he says . “ From the technology standpoint , 10 years should be enough .
“ I believe Chinese companies can become leaders in the alternative car business because we make good batteries .”
This came after he proudly professed BYD was , at the time , the only battery maker to never have had a recall , unlike other industry titans like Sanyo and Sony , saying :
“ We ’ re very confident of the quality of the batteries .”
Competing against established Japanese and Korean battery manufacturers , BYD faced scepticism along with financial constraints . But , thanks to BYD ’ s leader ’ s relentless pursuit of innovation , the hard work paid off .
Wang Chuanfu has also been quoted comparing automobiles to “ super mobile phones with legs ”, which encompasses the smart nature of BYD ’ s vehicle offerings and underscores Wang Chuanfu ’ s belief that the intelligent transformation of vehicles can accelerate the construction of smart cities . manufacturingdigital . com 33