China EV war: how BYD grew from Elon Musk’s ridicule to Berkshire Hathaway’s ‘ridiculous’ US$98 billion success in 12 years
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
For BYD, set up 28 years ago in Shenzhen by a former chemist, the secret of its success was its founder’s dogged belief that batteries would one day be the dominant power source.