Why is BYD's production capacity insufficient?
1 Answers
BYD's insufficient production capacity is due to issues with blade batteries and inadequate production capabilities. Here is relevant information about BYD: 1. Brand history: BYD Company Limited was founded in 1995, starting with a team of over 20 people. By 2003, it had grown into the world's second-largest rechargeable battery manufacturer and established BYD Auto in the same year. Originating as a battery manufacturer, BYD initially played the role of an "outsider" in automobile manufacturing. It gained a first-mover advantage over other newcomers by leveraging its "independent intellectual property rights" and the acquisition of Qinchuan Auto. 2. Brand introduction: BYD Auto adheres to a development path of independent R&D, production, and branding, committed to creating truly affordable and high-quality vehicles for the people. The product designs incorporate both advanced international trends and align with Chinese cultural aesthetics.