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BYD’s Rise: How China Built the World’s EV Giant | Business Case Study
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⭐️ Think School’s flagship Communication course with live doubt sessions :
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VIDEO INTRODUCTION:
BYD was once a joke, a complete laughing stock in the industry. People made fun of them constantly, reports mocked them endlessly, and they made some of the worst cars ever! In fact, if you look closely, while Tesla had Elon Musk — the visionary, charismatic billionaire founder — BYD was led by a humble man. A former government employee with no degree in automobiles and no background in technology or design, who had never built a tech product in his life!
Now look at this. In 2021, Tesla sold 936,000 cars, making $53.82 billion in revenue. BYD barely sold 593,745 cars, making only $32.75 billion. But you know what’s crazy? Warren Buffett saw something different. He believed in BYD when no one did! And as always, the old wise man was right. Because now, in 2024, while Tesla makes $97 billion, BYD stands tall at $108 billion! BYD told the world loud and clear — “There’s a new gangster in town!”
So how did a government researcher outsmart the world’s most celebrated innovator?
How did a company once mocked become the new king of EVs?
What secret formula transformed BYD into Tesla’s worst nightmare?
And most importantly — what business lessons can we learn from this iconic rise of BYD?
Our Best Indian Business Case Studies:
1. Dhirubhai
https://youtu.be/bSx6hDjALkQ?si=wE6PGMgiv7PpHdla
2. Milky mist
https://youtu.be/-98fnc4VAo8?si=NtKHTWjvtr_9V8ne
3. Old Monk
https://youtu.be/GQPymbqa08A?si=BXhcZhDPXt9wTxO4
4. Waaree
https://youtu.be/T1PLEPTbXc4?si=3VbRKyBnd-3Trfqt
5. Blinkit
https://youtu.be/OGs2YsqvWDg?si=bZ_AqkdGEsl2X3xW
✅Study Materials:
https://www.decision.eu/wp-content/uploads/2016/11/Study-on-the-Competitiveness-of-the-Electrical-and-Electronic-Engineering-Industry-Final-Report.pdf
https://ww2.arb.ca.gov/sites/default/files/classic/research/apr/reports/l322.pdf
https://holobattery.com/lithium-ion-battery-vs-nickel-cadmium-battery/
https://www.deloitte.com/de/de/Industries/automotive/research/study-key-role-of-battery-costs-in-automotive.html
Think School is a Digital School that we all deserved, but never had
►►Check out Think School's Online courses: https://thethinkschool.com/sp/communication-masterclass/
#thinkschool #businesscasestudy #geopolitics
Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.
⭐️ Think School’s flagship Communication course with live doubt sessions :
https://thethinkschool.com/sp/communication-masterclass/
VIDEO INTRODUCTION:
BYD was once a joke, a complete laughing stock in the industry. People made fun of them constantly, reports mocked them endlessly, and they made some of the worst cars ever! In fact, if you look closely, while Tesla had Elon Musk — the visionary, charismatic billionaire founder — BYD was led by a humble man. A former government employee with no degree in automobiles and no background in technology or design, who had never built a tech product in his life!
Now look at this. In 2021, Tesla sold 936,000 cars, making $53.82 billion in revenue. BYD barely sold 593,745 cars, making only $32.75 billion. But you know what’s crazy? Warren Buffett saw something different. He believed in BYD when no one did! And as always, the old wise man was right. Because now, in 2024, while Tesla makes $97 billion, BYD stands tall at $108 billion! BYD told the world loud and clear — “There’s a new gangster in town!”
So how did a government researcher outsmart the world’s most celebrated innovator?
How did a company once mocked become the new king of EVs?
What secret formula transformed BYD into Tesla’s worst nightmare?
And most importantly — what business lessons can we learn from this iconic rise of BYD?
Our Best Indian Business Case Studies:
1. Dhirubhai
https://youtu.be/bSx6hDjALkQ?si=wE6PGMgiv7PpHdla
2. Milky mist
https://youtu.be/-98fnc4VAo8?si=NtKHTWjvtr_9V8ne
3. Old Monk
https://youtu.be/GQPymbqa08A?si=BXhcZhDPXt9wTxO4
4. Waaree
https://youtu.be/T1PLEPTbXc4?si=3VbRKyBnd-3Trfqt
5. Blinkit
https://youtu.be/OGs2YsqvWDg?si=bZ_AqkdGEsl2X3xW
✅Study Materials:
https://www.decision.eu/wp-content/uploads/2016/11/Study-on-the-Competitiveness-of-the-Electrical-and-Electronic-Engineering-Industry-Final-Report.pdf
https://ww2.arb.ca.gov/sites/default/files/classic/research/apr/reports/l322.pdf
https://holobattery.com/lithium-ion-battery-vs-nickel-cadmium-battery/
https://www.deloitte.com/de/de/Industries/automotive/research/study-key-role-of-battery-costs-in-automotive.html
Think School is a Digital School that we all deserved, but never had
►►Check out Think School's Online courses: https://thethinkschool.com/sp/communication-masterclass/
#thinkschool #businesscasestudy #geopolitics
Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.
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