BYD's founder believes China is poised to turned the car industry on its head but Great Wall wants competition, not cooperation car auto cars
has called on its Chinese counterparts to join forces to fully establish China as a leader in the car industry, saying that they should “demolish the old legends.”
While recently speaking at an event to celebrate the automaker’s latest production milestones, BYD founder and chairman Wang Chuanfu presented a video detailing the formation of 12 major Chinese car manufacturers, including the likes of FAW Group, Xpeng,, and Li Auto. In the video, the narrator said “Our stories are different from each other but share the same direction. There is no distinction between ‘you’ and ‘me.
“I believe the time has come for Chinese brands,” Wang Chuanfu said. “It’s an emotional need for the 1.4 billion Chinese people to see a Chinese brand becoming global.”
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