such as electric buses and trucks , where Chuanu surmises , “ Our dream is to build the world ’ s most efficient and sustainable transport system .”
EXPANSION INTO RENEWABLE ENERGY
Wang Chuanfu ’ s ambition didn ’ t stop with EVs . Recognising the interdependence of transportation and energy , he steered BYD into the renewable energy sector . The company now produces solar panels , energy storage systems and innovative solutions for managing and distributing renewable energy . BYD ’ s integrated approach to energy and transportation has made it a leader in providing comprehensive green energy solutions .
On June 10 , 2021 , BYD ’ s share price surged nearly
7 % pushing its market value past one trillion Yuan ( US $ 136bn ) and setting a new record high . The milestone made BYD the first automobile-independent brand to join the exclusive trillion yuanmarket value club
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