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BYD seeks to shift mass market image with souped-up racetrack
Business World Philippines
|August 26, 2025
THE NAME BYD Co. is mainly associated with mass market electric vehicles (EV). A manufacturing behemoth that churns out more electric cars than anyone else on the planet, it’s a brand built on volume and affordability.
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BYD cars have become a common sight on China's roads and a favorite among city taxi and ride-hailing drivers. It’s given rise to a popular joke — while BYD officially stands for “Build Your Dreams,” many quip it’s short for “Be Your Driver.”
Now, BYD is trying to rewrite that narrative, launching luxury models priced over $200,000. Its latest effort to shed its utilitarian skin has involved building an entire automotive racing and testing playground to bring potential customers from the street to the track.
Dit verhaal komt uit de August 26, 2025-editie van Business World Philippines.
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