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الاقتصادية
BYD CEO Aims for Top Car Maker in 5 Years
Wang Chuanfu, the chairman of the Chinese company BYD, expects his company to become the world’s largest automaker within five years, supported by export growth and technological advancements, despite a decline in the domestic market sales by more than 20% during the first five months of the year. The company is focusing on expanding its production of second-generation batteries to support its global expansion plans, especially in the markets of Brazil, the UK, and Australia, while exports increased by 65% compared to the same period last year. However, the company's shares have fallen by over 33% on the Shenzhen Stock Exchange and 45% on the Hong Kong Intercontinental Exchange since the beginning of the year.
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