"For luxury new energy vehicles, it's a matter of what tech and products," BYD founder Wang Chuanfu said in Mandarin at a launch event Monday, according to a CNBC translation."
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"Munger also said BYD CEO Wang Chuanfu is unusual, calling him a genius and a workaholic."
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"Why It Matters: BYD chairman and president Wang Chuanfu had in September revealed the Seal as a concept at the launch of its e-platform 3.0 for pure electric vehicles. "
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"Lyu Xiangyang, the cousin of BYD founder Wang Chuanfu whose loan helped Wang establish the company in 1995, also has investments in spodumene, a lithium-bearing rawmineral, in Sichuan province, which should bolster BYD's future supplies."
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"The Blade battery that BYD first announced in March 2020 will address what Chairman Wang Chuanfu believes is the biggest enemy undermining development of the electric-vehicle industry: spontaneous ignition."
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"Other notable CEOs who also made the cut include Ding Lei of internet and videogame company NetEase Inc., Wang Gaofei of social media firm Weibo Corp. , Wang Chuanfu of auto maker BYD Co."
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"Berkshire's vice-chairman, Charlie Munger, first brought BYD and its founder Wang Chuanfu to Buffett's attention."
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