WANG CHUANFU
LIFETIME OF ACHIEVEMENT
Wang Chuanfu is the pioneering founder and chairman of BYD , which stands for Build Your Dreams . BYD is a leading company in the EV and renewable energy sectors . Chuanfu was born in Wuwei County , Anhui Province , China , one of the country ’ s poorest regions .
Despite being orphaned as a teenager and raised by his elder brother and sister , Wang Chuanfu ’ s early life was marked by academic excellence . His personal experiences instilled in him a strong sense of resilience , determination , and empathy , significantly influencing his vision and mission for BYD .
WANG CHUANFU
TITLE : FOUNDER AND CHAIRMAN COMPANY : BYD INDUSTRY : EV AND ENERGY SECTOR LOCATION : SHENZHEN , GUANGDONG
Wang Chuanfu is the CEO and Founder of BYD Company , a global leader in electric vehicles and renewable energy solutions . Founded in 1995 , BYD has grown under his leadership into a significant player in the automotive and battery industries , pioneering innovations in electric transportation and green technology .
Wang Chuanfu is an enigmatic figure often described as a living legend . A private person who rarely gives interviews , he is known for his work ethic and philanthropy , having donated millions of dollars to charitable causes .
ENTREPRENEURIAL JOURNEY
Wang Chuanfu ’ s entrepreneurial journey began in 1995 when he founded BYD in Shenzhen , Guangdong Province . Initially , BYD ’ s focus was on manufacturing rechargeable batteries for the rapidly growing mobile phone market . His technical expertise and business acumen enabled BYD to proliferate , “ technology is the main force to solve problems in the world .” By the early 2000s , the company had become one of the largest battery manufacturers in the world . Recognising the potential of EVs , Chuanfu led BYD into the automotive market in 2003 by acquiring Tsinchuan Automobile Company with a mission “ We want to use our technological innovations to help solve the world ’ s energy problems .” This strategic move marked a significant shift for BYD , transitioning it from a battery manufacturer to an automotive powerhouse . Under Wang Chuanfu ’ s leadership , BYD began to develop and produce a range of vehicles , including electric and hybrid models , positioning itself at the forefront of the new energy vehicle ( NEV ) revolution . On June 10 , 2021 , BYD ’ s share price surged nearly 7 %, pushing its market
26 September 2024