The Supply Chain Advantages and Challenges of BYD in the New Energy Vehicle Industry: Implications for the Future

Abstract

The new energy vehicle supply chain is evolving rapidly to meet growing market demand, and innovations in battery technology, motor manufacturing, and charging infrastructure, among others, are driving progress in this sector. This paper explores the supply chain strengths of BYD, a major new energy vehicle manufacturer in Chinas automobile manufacturing industry, and related issues. Through an in-depth analysis of BYDs history, the companys current status, and its innovative initiatives in the supply chain, the paper identifies its supply chain strengths in intelligence, sustainability, and innovation. However, some of the challenges BYDs supply chain faces, such as delivery issues, data security risks and low collaboration with suppliers, are also raised. Finally, the paper offers some recommendations, including actively collaborating with high-quality suppliers, strengthening data processing and management capabilities, and adhering to supply chain innovation. These recommendations can guide BYDs development and provide useful references for peer companies supply chain optimization.