Aya Shawn
master in Computer Science, National University of Singapore
There are too many examples of this
Do you know BYD company?
In 2004, the company had only a few hundred employees, and they were mainly engaged in the production of mobile phone batteries. After acquiring an old car factory that was on the verge of bankruptcy. Their boss Wang Chuanfu was determined to buy back a ninth-generation Corolla sedan. Yes, it was the famous Toyota Corolla at the time.

这方面的例子太多了
你知道比亚迪公司吗?
2004年,该公司只有几百名员工,主要从事手机电池的生产。在收购了一家濒临破产的旧汽车工厂后。他们的老板王传福决心买一辆第九代卡罗拉轿车。是的,它就是当时著名的丰田卡罗拉。

Several college graduates and veteran workers dismantled this Toyota Corolla into parts, and then manufactured all the parts exactly like it. Because of the backward processing technology, they were unable to produce engines and manual transmissions of acceptable quality, so they purchased finished engines and transmissions from Mitsubishi. And assemble the shell and various parts made by yourself. In 2005, they produced BYD's first product, BYD F3. Its price is only 60% of the Toyota Corolla. Of course, its quality is far inferior to the Toyota Corolla.

几位大学毕业生和老工人将这辆丰田卡罗拉拆成零件,然后将所有零件制造得一模一样。由于加工技术落后,他们无法生产出质量合格的发动机和手动变速箱,因此他们从三菱购买了成品发动机和变速箱。并组装自己制作的外壳和各种零件。2005年,他们生产了比亚迪的第一款产品比亚迪F3。其价格仅为丰田卡罗拉的60%。当然,它的品质也远不如丰田卡罗拉。

In fact, many Chinese derided it as an "industrial garbage". After Toyota saw this car, they didn't even bother to sue them.
However, relying on this "industrial waste", BYD completed its primitive accumulation and invested a large amount of money in the fields of batteries and electric vehicle technology. They produced the first pure electric vehicle in 2006. At that time, Tesla was not yet established.

事实上,当时许多中国人嘲笑它是“工业垃圾”。丰田看到这辆车后,根本就懒得去起诉他们。
然而,比亚迪却靠着这种“工业垃圾”完成了原始积累,随后在电池和电动汽车技术领域投入了大量资金。他们在2006年生产了第一辆纯电动汽车。当时特斯拉还没有成立。

In 2023, BYD is currently the world's largest and highest-selling electric vehicle supplier. They just released one of their most advanced electric SUVs, the U8, which caused a sensation at the Tokyo Motor Show because of its revolutionary design (it can even turn around and drive on water).

快进到2023年,比亚迪是目前全球最大、销量最高的电动汽车供应商。他们刚刚发布了他们最先进的电动SUV之一U8,它因其革命性的设计(甚至可以在水上转弯和行驶)而在东京车展上引起轰动。

Due to its huge success in the field of electric vehicles, BYD's market value has been equal to that of Toyota Motor. However, Toyota is still struggling in the wave of electrification transformation.

由于在电动汽车领域取得巨大成功,比亚迪的市值已与丰田汽车持平。然而,丰田在电动化转型的浪潮中依然举步维艰。