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RE: LeoThread 2025-02-11 09:48

in LeoFinance10 days ago

Part 2/9:

Founded three decades ago, BYD (Build Your Dreams) started as a small battery factory with just 20 employees. Its CEO, W. Tr Fu, recognized the potentials of the automotive sector but faced significant challenges, particularly the need for official certifications for manufacturing. In a bold move in 2003, BYD acquired Chint Tron Automobile, a struggling firm on the brink of bankruptcy. This marked the company's first critical step toward emulating industry giants and stepping into the automotive landscape.

Learning from the Giants