At BYD, they are constantly fighting with Tesla to deliver the most electric cars. This means busyness and 200,000 new employees in 3 months.
While European car manufacturers are struggling to keep afloat through one quarterly report after another, BYD is hiring 200,000 new people.
The Chinese car brand is so busy getting some cars built that hundreds of thousands of new positions have been filled in just 3 months.
Between August and October, close to 200,000 new people were employed in the company, who will work with car production and related components.
The car brand's deputy director, He Zhiqi, tells the news agency Reuters .
To put that number in perspective, it is the same number of people who work in all of Volkswagen combined. In other words, in all markets where Volkswagen sells cars.
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In total, BYD has just over 900,000 employees on the payroll, and if the Chinese media are to be believed, the accounts are bang on. In the second quarter of 2024, BYD's earnings increased by 24 percent compared to the first quarter.
And according to Inside China Auto, BYD sold more than 500,000 cars worldwide in the month of October alone. And although BYD is best known both here at home and in the rest of Scandinavia for the electric cars, it is the hybrid cars that pull the load.
So far this year, BYD has sold 1.9 million of this type, while it has become 1.35 million pure electric cars. The next step is in Europe.
In order to avoid punitive tariffs from the EU, BYD is building two factories on European soil. The first is placed in Hungary. This is followed by a factory in Turkey, which geographically is considered part of Europe.
All the while, the European car brands are fighting something like a battle for survival. Most recently, Audi has announced that it is closing one of only two car factories left in the whole of Belgium. This means layoffs of several thousand employees.
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