Decoding the Success Story of BYD: A Case Study
BYD, a Chinese automobile manufacturer, has risen to prominence in recent years, capturing the attention of industry experts and consumers alike. This article aims to decode the success story of BYD, examining the factors that have propelled the company's growth and success. By delving into various aspects of BYD's journey, we can gain valuable insights into the strategies and practices that have made it a formidable player in the automotive industry.
Visionary Leadership
One of the critical factors behind BYD's success is its visionary leadership. The company was founded in 1995 by Wang Chuanfu at age of 29. He partnered with his cousin Lu Xiangyang and established BYD Company.
BYD Auto is a subsidiary of the BYD Company. BYD Auto emerged after the BYD Group acquired the Qinchua...