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Wang Chuanfu, the ‘humble’ BYD founder with a battery obsession

Wang Chuanfu, the ‘humble’ BYD founder with a battery obsession

Chinese electric vehicle maker’s new five-minute charging system puts the disrupter one step closer to conquering global markets.

BYD founder Wang Chuanfu this week took a giant step towards world domination. Bloomberg

From a certain perspective, this might have seemed like a rocky week for electric carmaker BYD and its metallurgist-turned-billionaire founder Wang Chuanfu.

China’s rival to Tesla, which recently raised nearly $US6 billion ($9.56 billion) to fund ambitious global expansion plans, is facing crises on three continents. Its plans for a multimillion-dollar factory in Mexico are drawing opposition from both the Mexican government and senior officials in Beijing worried about technology leakage.

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Original URL: https://www.afr.com/companies/transport/wang-chuanfu-the-humble-byd-founder-with-a-battery-obsession-20250323-p5llsj