Wang Chuanfu was born in Anhui, China, in 1966, trained as a chemist and founded BYD in 1995 as a rechargeable battery manufacturer. Over the following three decades he built the company into a vertically integrated electric-vehicle and battery producer that now sells more EVs than any other automaker globally and operates a substantial battery, semiconductor and public-transit business.

The company is partly owned by Berkshire Hathaway and has expanded aggressively into international markets, with manufacturing sites and dealerships across Latin America, Europe, the Middle East and Southeast Asia. Under Wang's leadership BYD has become one of the most studied examples of how vertical integration, manufacturing depth and electrification can compound in a single industrial group.