Wang Chuanfu did not follow what others were doing in the manufacture field. He not only used an inexpensive labor force to maximize profit, but also manufactures all the components of the vehicles. BYD spokesman said: “all the components are made by BYD except glass, tires and steel.” Integration of vertical resources maximizes resources and saves cost.
"The Concept of New Energy"
New energy efficient vehicles are becoming more and more popular in the world. Wang Chuanfu made this point, he said: "We should never fear new technology. We dare to do what other people can do; and we dare to do what other people haven’t done. We always prove that technology can change our life, change the world. We want to build electric vehicle technology with battery technology and automotive technology, and achieve our green dream of electric vehicle technology.”
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