BYD's Chairman on the Future of His Company
Since a high-profile accident involving one of BYD's e6 electric vehicles earlier this year, doubts have been raised about the rechargeable battery and automobile manufacturer’s business model. Many have noted a contrast between now and where the company stood three years ago when Warren Buffett, the legendary American investor, bought a significant stake in the company via Berkshire Hathaway.
Responding to these doubts, Wang Chuanfu (???), the chairman of BYD, admits mistakes have been made but he insists that BYD has gained more than it has lost over the past three years. He spoke with the Economic Observer about where his company is and where it’s headed.
The Economic Observer: There are different views about BYD batteries. Just how good are BYD batteries?
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