BYD Wang Chuanfu: CN NEV Tech, Products, Supply Chain Lead Globally by 3-5 Yrs

Wang Chuanfu, Chairman of BYD COMPANY (01211.HK) (002594.SZ), stated at the China EV100 Forum (2025) that China’s new energy vehicle (NEV) industry - spanning technology, products, and supply chains - leads the world by approximately 3-5 years. While the first half of the industry’s race, focused on electrification, was about incremental improvements, the second half, centered on intelligence, will be transformative, Wang envisioned.

BYD Wang Chuanfu: CN NEV Tech, Products, Supply Chain Lead Globally by 3-5 Yrs

BYD's Chairman, Wang Chuanfu, addressed the China EV100 Forum (2025) where he stated that China's new energy vehicle (NEV) industry, encompassing technology, products, and supply chains, is leading the world by approximately 3-5 years. Wang Chuanfu highlighted the industry's transition from incremental improvements in electrification to transformative changes in intelligence.