Largest Electric Vehicle
At BYD’s manufacturing plant in the southern Chinese city of Shenzhen, 600 workers and a host of robots mount tires and dashboards into electric cars that roll off the final assembly line every 90 seconds. “It could be every 45 seconds, ” says factory coördinator Jun Li as he points to a long line of freshly welded and painted car bodies. “We can make 900 a day in peak production. Now we’re making 500 a day.”
After years of double-digit growth, sales have dropped sharply for BYD, the world’s largest electric vehicle maker and a well-known brand in China (see “How Other Battery Manufacturers Could Help Tesla Reach Its Own Goals”), since the government lowered subsidies for electric vehicles. BYD’s popular and inexpensive Qin hybrid sedans have led to its 31 percent share of China’s electric vehicle market, according to China-specialized research firm JL Warren Capital.
Now BYD, which had revenue last year of $14.5 billion from cars and a variety of other battery-powered products, is trying to figure out how to cut the cost of each car without killing its profits. Its solution is to expand its fleet of electric vehicles, selling more electric buses, trains, and taxis to local governments, and to expand its overall production to drive down manufacturing costs.
Low costs are how BYD got its start. Founder chemist Chuanfu Wang launched the company in 1995 with $300, 000 raised from family. He and a team of 20 employees studied patents of other battery makers and then dismantled their batteries to see the components and how they were put together. They had to figure out the proportions of all the chemicals and the right manufacturing environment, and it took them half a year to determine how to manufacture without the kind of humidity controlled dry rooms that rivals like Sanyo used.
Using cheap labor, Wang designed a system of semi-automated production, and by 2002, he was employing 17, 000 workers, and BYD was one of the world’s top manufacturers of nickel-based batteries and lithium-ion batteries.
As the battery market for electronics matured and BYD faced increasing competition in China with the entry of new Chinese rivals, Wang branched out into cars, seeing the nascent sector as a way to leverage its manufacturing capabilities, and in time develop electric vehicles that could be powered by BYD’s batteries.
Initially Wang followed the same copycat method he’d used with batteries, developing BYD’s first model, the $6, 000 F3 compact sedan, by having a crew of engineers take apart the Toyota Corolla to see how the engine and body might be re-created. The F3, a pretty good copy of a Corolla for less than half the price, became one of the best-selling cars in China, and within about five years BYD was outselling big names like Volkswagen and Toyota (see “China’s New Green Machine”).
Soon engineers created a “dual mode” plug-in battery and gasoline engine vehicle that was cheaper and more efficient on a single charge than the Toyota Prius at the time. This one didn’t require reverse engineering. BYD already knew batteries, electric motors, and controlling systems, so it combined all the technologies together to form its own homegrown hybrid.
what is definition of alcoholic How to do tricks with a drone? how to improve stomach digestion What does my dreams mean? what skills did workers need in early america what is the difference between antigen and antibody testing what is janie's final advice to her best friend What is the spiritual meaning of a centipede? What is the spiritual meaning of thanksgiving? Tricks how to attract a girl? How to remove stretch marks? How to become an anesthesiologist? how do i put helper springs on my 1953 chevy truck What time does clemson play today? How to make turkey burgers? What is the meaning of egypt's flag? what is the difference between muggy and humid what are the benefits of chai seeds How to start a business? what is the definition of scallywag What happen if white blood cells are high? what is the time difference between england and florida What does la mean in spanish? how to use wii u usb helper for cemu What is a 3.5 gpa? how can you improve customer education in texas How to file restraining order? where is the hand motor skills in brain what really works on dark spots on face doctors advice What time does dunkin open? how to improve verbal score gre reddit What time does president trump speak at cpac? How to clean your tongue? where do i find skills artboard in illustrator What does 123 mean spiritually? What is the meaning of zohan? how to file taxes on unemployment benefits How to make strawberry lemonade? What does istg mean text? how much to pay helper How to shave pubes? How does i am x do the tricks? What does conceal mean? how do i reply to an advice email how to extract from wii u helper how to improve reading skills in students What does fluent mean? software to determine when to take social security benefits how good are the relationship-advice options outside of therapy? which organizational level is the easiest in which to improve health care quality? How to hide amazon orders? How to sign an email? How do i turn on tips on onlyfans? What are basic emotions? what is money laundering definition How to end a letter? how to improve circulation to hands and feet Tips on how to get out of a controling relationship? how to get rid of skills from armory dcuo how to measure pepper heat advice for parents to deal with siblings when bringing home a new baby how to improve website speed in mobile What tips should i invest in now? What does aaa mean? what benefits do combat veterans get Alan jackson remember when lyrics meaning? What is the meaning of guffaw? What is my net worth? Which of the following best describes the meaning of “upper” paleolithic? What does right itchy palm mean? Tips on how to be a better skateboarder? What is higher self meaning? What does a ripe banana look like? where to get advice on career change what are the benefits of study abroad how long does it take for unemployment benefits to be deposited tx benefits of a cosigner when buying a car Man who sold the world song meaning? attorny with advice how to deal with a wrongful suspension of drivers license what are the benefits of breastfeeding for mom how to improve What does frumpy mean? What does windows 11 look like? what is the biggest age difference between a couple What is the meaning of altercation? What planet is next to the moon tonight? What does a capo do on a guitar? Movie where guy tricks other guy to kill his girlfriend? How to get it to magic tricks? What are some good scooter for tricks? what is the meaning of the advice, "show, don't tell"? what benefits do asparagus have What does it mean when your vag lips are swollen and itchy? what is the difference between a therapist and a counselor What is demisexual? Tips when learning to drive? How to change airpods ear tips? reddict "advice on how to proceed" summoner wars where to get free contract legal advice How to not cum so fast? How to get rid of a canker sore in 24 hours? How does enjambment effect the meaning and emotion of a poem? how to include math skills in resume How to get rid of tips black desert online? how to teach an aspergers child social skills advice ambitious women who marriage fails who obesity definition What does pto mean? How to pay with venmo? How to identify presence of stroke old dog new tricks? what is the phase difference between points a and b? express your answer in terms of constant π. What time does fazoli's close? who is sinterklaas helper what are the benefits of ashwagandha supplement good advice is wasted on those who know better Tips on how to find information on a picture? What does omni sexuality mean? What is a haiku? What is discrete math? what are the benefits of chanca piedra What foods are high in vitamin b12? How to indent on google docs? Tips to book a hotel when it is sold out? What does an owl say? what are the benefits of palm tree What does tx mean? What does the name stephen mean? What does bta mean? how to improve gender equality when is the nba skills challenge 2021 Tricks to help your ears when flying? How to prevent gestational diabetes? which is the best definition of a triangle? What does it mean when eggs float? What does the tree of life mean? Tips on how to be successful in life? what is the difference between atx and micro atx How to know if you have asthma? What is microsoft 365? what is forklift app helper How to clear throat? how to improve the work performance What does linus from linus tech tips do for a living? How to treat ovarian cyst? How to play guitar tricks? sephora subscription service where you receive productd with advice advice when buying a car what is the difference between a kcal and a calorie What does the one that got away mean? what is yo-yo dieting definition What it says on the tin meaning? what does the electronegativity difference have to be to be polar What does woke mean in today's culture? What is a sundown town? what strategy could improve electoral competition What does 60 chance of rain mean? What does implantation discharge look like? what are the benefits of drinking turmeric tea How to cut sugar out of your diet? How to grow sweet potatoes? what benefits do you get from jogging What is the meaning of munchkin? what is the difference between simponi and simponi aria Any tips to do when you re stressed out? What does metropolitan mean? How long to cook pork chops in oven? How to clean a brush? How to get pee smell out of couch? what is the definition of saint patrick's day what are two benefits of nat? how to improve muscle mass How to do tricks in rings of elysium? advice what to paint oil beginners where to get advice about supplements how to measure body with measuring tape How to make your own candles? how to tell employee to improve performance Tips on hair around face when wearing long hair for women? What does gamey mean? What lottery is tonight? How to change voicemail on android? What is a contusion? what skills do you need to work in customer service how can i improve my shopping experience how to improve company policies and procedures how do you find out your social security benefits how you spell advice what is the difference between depression and bipolar depression how does savings affect social security benefits who is eligible for va medical benefits What does rider mean? do you think america will follow washington's advice why or why not how much meat does hamburger helper need where do i email bill burr for advice? episode of bmw when cory asks eric for dating advice which of the following is the definition of national income left parenthesis ni right parenthesis? when soliding change variable on steer helper what is the best definition for public servants How to yoyo tricks for beginners? symbiosis where one species benefits and the other is harmed how do i improve my sex drive how to improve amazon conversion rate How to cook shredded chicken? what is the definition personification What does llc mean in business? what can you do to improve flexibility how do you know that it is a legal advice how to make hamburger helper in instant List five tips that can help you decide when to ignore a conflict? How to do roller skate tricks pokemon? Tips on how to build a rocket? how can i improve my english speaking skills How long does it take to get a new passport? What does it mean when your blood pressure is high? What is the meaning of svelte? What is the meaning of penetrate? What is the biblical meaning of 2? how much apple cider vinegar benefits what are hard skills in engineering What is pull out game meaning? What are concepts? Tips on how to cut concrete? what is half of 5 8 on a tape measure how to improve my conversation skills How to attract crows? how to keep feelings out of friends with benefits how ot get moawardrobe helper to show on min mapo what skills should teachers have How long to cook pumpkin seeds? which best describes the difference between preferred and common stocks? Secrete tricks to avoid losing medical and snap when receiving a large settlement in california? What does encumbered mean? how to improve model performance How to clear congestion? What stores are closed on memorial day? what is sexual bullying definition What are 30 year mortgage rates?