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 · Its EV unit was born in 2002 from an acquisition of Tsinchuan Automobile, then the sixth-largest car manufacturer in China by sales volume. Aside from its own EVs, BYD also supplies other EV manufacturers, including state-owned FAW Group. Warren Buffett's Berkshire Hathaway owns 8% of BYD. In April 2020, BYD and Toyota Motors announced …

 · Supply Chains . Introduction . The Chinese auto parts industry has grown rapidly over the last twenty years, initially driven by the expanding Chinese vehicle manufacturing industry. Following this domestically driven growth in demand, Chinese automotive parts suppliers have also begun supplying vehicle manufacturers and the

2  · In our fifth Automotive Supplier Study, we take a look at automotive supply chain trends and the road ahead by analyzing shareholder value performance data from nearly 300 of the top global automotive suppliers. …

This could create up to $1.5 trillion—or 30 percent more—in additional revenue potential in 2030, compared with about $5.2 trillion from traditional car sales and aftermarket products/services, up by 50 percent from about $3.5 trillion in 2015 (Exhibit 1). Exhibit 1. McKinsey_Website_Accessibility@mckinsey.

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Carmakers are showcasing their latest models at the ongoing Chengdu Motor Show as they vie for customers in China's automotive market, the largest in the world. New energy vehicles attract attention at congress New energy vehicles and cutting-edge technologies attracted people's attention at the World New Energy Vehicle Congress.

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 · Geely is a large Chinese car company that entered the automobile industry in 1997, and in 2009 it acquired the Swedish car manufacturer as well as the British sports carmaker, Lotus, in 2017. In 2018, the group (which includes Geely Auto, Lotus, Lynk & Co, Proton, and ) sold over 1.8 million cars. OLYMPUS DIGITAL CAMERA

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