BYD seeks to beat Volkswagen as China's top automaker: chairman

Wang Chuanfu thanks Warren Buffett for longtime support despite recent sell-off

20230329N Wang Chaunfu

Wang Chuanfu, the founder and chairman of BYD, says the company seeks to become the top automobile brand in China this year. (Photo by Yusuke Hinata) 

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- The founder and chairman of BYD, China's fastest-growing electric vehicle maker, expects the price war in the automaker's home market to wipe out many competitors, while his company seeks to grab the crown as the country's top car brand from Volkswagen this year.

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