Entrepreneur aims to be king of the road
By Chen Limin | China Daily | Updated: 2010-01-11 08:00
Wang Chuanfu has been assiduously cultivating his dream of becoming king carmaker.
The 43-year-old entrepreneur has said he wants to turn his company, BYD Co Ltd, into China's biggest auto producer by 2015 - and the world's by 2025.
Despite his low-key lifestyle, Wang came under the spotlight of public attention after US billionaire investor Warren Buffett bought a 10 percent share of BYD, an electric car and battery maker. Buffett told Fortune magazine: "BYD has a shot at becoming the world's largest automaker, primarily by selling electric cars, as well as a leader in the fast-growing solar power industry."
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