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BYD's Rapid Pivot to Electric Cars Design : what we should learn.
BYD’s rapid transition to electric car design showcases the power of innovation, vertical integration, and market adaptability. The company shifted from being a battery manufacturer to a global leader in EVs by leveraging its expertise in battery technology, designing in-house components, and focusing on cost efficiency. BYD’s commitment to R&D, scalable production, and a clear vision for sustainable transportation are key lessons for businesses aiming to excel in a competitive and rapidly evolving industry. This highlights the importance of agility, investment in core competencies, and addressing market demands for a successful pivot. Read More 👇 |
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