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Wang Chuanfu, the CEO of China electric vehicle leader BYD, repeated at the top of the annual ranking of the country’s top 50 CEOs published this month by Forbes China, the licensed Chinese-language edition of Forbes.

 
 

Born in a farm village in one of China's poorest provinces in 1966, Wang was orphaned as a teen and raised by his elder brother and sister. The high achiever made it to college, excelling as he trained his sights on battery technology. He cofounded BYD as a rechargeable battery company in the mid-1990s.

 

BYD, backed by Warren Buffett’s Berkshire Hathaway, said on Friday net profit in the first six months of 2023 may have more than tripled from a year ago amid rising sales of EVs and improved market share, the company said on Friday (see full post here).