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How China Built BYD

 7 months ago
source link: https://www.nytimes.com/2024/02/12/business/byd-china-electric-vehicle.html
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Business|How China Built BYD, Its Tesla Killer
A view through the windshield of two people looking at a car.
Credit...Gilles Sabrié for The New York Times

How China Built BYD, Its Tesla Killer

The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.

By Keith Bradsher

Keith Bradsher, who has covered China’s auto industry since 2002, reported from Shenzhen, China.

  • Feb. 12, 2024

China’s BYD was a battery manufacturer trying its hand at building cars when it showed off its newest model in 2007. American executives at the Guangzhou auto show gaped at the car’s uneven purple paint job and the poor fit of its doors.

“They were the laughingstock of the industry,” said Michael Dunne, a China auto industry analyst.

Nobody is laughing at BYD now.

Subscribe to The Times to read as many articles as you like.

Keith Bradsher is the Beijing bureau chief for The Times. He previously served as bureau chief in Shanghai, Hong Kong and Detroit and as a Washington correspondent. He has lived and reported in mainland China through the pandemic. More about Keith Bradsher

A version of this article appears in print on Feb. 13, 2024, Section B, Page 1 of the New York edition with the headline: China’s BYD Is Putting Tesla in Its Rearview. Order Reprints | Today’s Paper | Subscribe

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