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

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He emphasized that China must seize this window of opportunity, adhere to open innovation, and leverage higher-level green technologies and products to drive greater openness to the world.
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