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2023 | OriginalPaper | Chapter

5. BYD, A Disrupter of the Emerging Market

Authors : Jiazhuo George Wang, Shuo Qin, Allison Wang

Published in: Yes Logo

Publisher: Springer Nature Singapore

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Abstract

BYD Co. Ltd., founded by Chuanfu Wang in February 1995, is a publicly listed Chinese conglomerate manufacturing company headquartered in Shenzhen, China, with two major subsidiaries, BYD Auto and BYD Electronic. BYD is the world’s largest electric vehicle manufacturer and a major producer of automobiles including battery electric and hybrid cars, buses, and trucks, battery-powered bicycles, forklifts, solar panels, and rechargeable batteries including mobile phone batteries, electric vehicle batteries, and buck storage.

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Footnotes
5
Wu Xiaoyan, “BYD: China’s Low-Cost Innovation Model”, China Business Journal, November 21, 2009, http://​auto.​sina.​com.​cn/​news/​2009-11-21/​0932541717.​shtml.
 
6
Ibid 5.
 
7
Ibid 5.
 
8
Ibid 5.
 
9
Gu Qiani and Zhang Qiang, “Wang Chuanfu: Technological Ingenuity”, Enterprise Management Press, 2020.
 
10
Zeng Ming and Peter J. Williams (UK), “Walking Dragons”, Machinery Industry Press, December 2017.
 
12
Public data released by BYD Investor Relations.
 
13
Qiu Xiaoli, “Wang Chuanfu, China's Mainland New Richest Man: Inventor + Business Genius”, Youth Reference, October 13, 2009, https://​finance.​ifeng.​com/​a/​20091013/​1328321_​0.​shtml.
 
14
Xia Kun, “Wang Chuanfu: I Want to Uphold Honor for Chinese!” WeChat Official Account “Zhenghe Island” (ID: zhenghedao), November 16, 2021.
 
15
“BYD Automobile’s 15th Anniversary | Things You Didn’t Know”, WeChat Official Account “BYD People”, January 19, 2018.
 
16
Wang Chuanfu’s statement at BYD’s 2009 Interim Performance Press Conference, Hong Kong, August 31, 2009, https://​finance.​sina.​com.​cn/​jjxw/​2023-05-12/​doc-imytnpuf0402632.​shtml.
 
22
Ibid 5.
 
23
“Recommended Vehicle Models for Demonstration and Application of Energy-saving and New Energy Vehicles”, The Ministry of Industry and Information Technology of the People’s Republic of China, 2009.
 
24
Yu Jianyue, “BYD’s Transformation: The Leopard Changes Its Spots”, WeChat Official Account “Jianyue Car Review”, April 26, 2018.
 
25
Ibid 5.
 
Metadata
Title
BYD, A Disrupter of the Emerging Market
Authors
Jiazhuo George Wang
Shuo Qin
Allison Wang
Copyright Year
2023
Publisher
Springer Nature Singapore
Book
Yes Logo

Print ISBN: 978-981-9966-07-3

Electronic ISBN: 978-981-9966-08-0

Copyright Year: 2023

DOI
https://doi.org/10.1007/978-981-99-6608-0_5