BYD’s Rise: How China Built the World’s EV Giant | Business Case Study
A Think School business case study in which the presenter traces how BYD went from a laughing stock to a leading EV maker under founder Wang Chuanfu. He covers the early nickel cadmium battery business built on cheap labor and frugal engineering, mocked early cars, the 2020 pandemic year when he says BYD still made 643 million dollars in profit, and the choice to build plug-in hybrids with smaller, cheaper batteries. He closes with three lessons. Sponsor: Odoo, whose invoicing software is linked in the description. PARTIAL COVERAGE: this note is based on the opening, the early battery section, the criticism and pandemic section, the plug-in hybrid section, the closing lessons and the description, and does not cover every point in the roughly 23 minute video. All figures and claims are the presenter's own and are not independently checked. Nothing here is financial or investment advice.
Executive Summary (TL;DR)
A Think School business case study in which the presenter traces how BYD went from a laughing stock to a leading EV maker under founder Wang Chuanfu. He covers the early nickel cadmium battery business built on cheap labor and frugal engineering, mocked early cars, the 2020 pandemic year when he says BYD still made 643 million dollars in profit, and the choice to build plug-in hybrids with smaller, cheaper batteries. He closes with three lessons. Sponsor: Odoo, whose invoicing software is linked in the description. PARTIAL COVERAGE: this note is based on the opening, the early battery section, the criticism and pandemic section, the plug-in hybrid section, the closing lessons and the description, and does not cover every point in the roughly 23 minute video. All figures and claims are the presenter's own and are not independently checked. Nothing here is financial or investment advice.