BYD vs Coca-Cola: Founders, CEOs and History
BYD was founded in 1995 by Wang Chuanfu, Lu Xiangyang and is led by Wang Chuanfu. Coca-Cola was founded in 1892 by Asa Griggs Candler, John Stith Pemberton and is led by Henrique Braun.
Company facts
Founders
BYD
Wang Chuanfu
Wang Chuanfu founded BYD in Shenzhen in 1995 with his cousin Lu Xiangyang to make rechargeable batteries for mobile phones.
Lu Xiangyang
Lu Xiangyang put up the early capital when Wang Chuanfu started BYD in 1995 and has sat on BYD's board ever since, now as a non-executive director. His stake in BYD made him one of China's richest people.
Coca-Cola
Asa Griggs Candler
The founding of Coca-Cola is a historic and ironic story of a struggling pharmacist seeking a cure for his own pain, combined with the effective, aggressive marketing of a man who recognized the potential of the brand. The beverage was invented in 1886 by Dr.
John Stith Pemberton
John Pemberton is best understood as the inventor of Coca-Cola rather than the builder of The Coca-Cola Company. He created the original syrup in 1886, and the first servings reportedly averaged only about nine per day at Jacob's Pharmacy.
CEOs and their tenures
BYD
- Wang Chuanfu1995–present
Founder, Chairman and President (CEO)
Wang Chuanfu has run BYD since founding it in 1995. He moved the company from phone batteries into cars in 2003, launched the first mass-produced plug-in hybrid in 2008, introduced the Blade Battery in 2020 and ended combustion-only car production in 2022.
Source - Lu Xiangyang1995–present
Co-Founder and Non-Executive Director
Lu Xiangyang, Wang Chuanfu's cousin and a former banker, provided early capital for BYD in 1995 and has remained on the board, now as a non-executive director.
Source - Stella Li1996–present
Executive Vice President; CEO of BYD Americas and Europe
Stella Li joined BYD in September 1996 as a marketing manager for exports, opened its first overseas office in Hong Kong in 1997 and set up its European headquarters in 1999.
Source
Coca-Cola
- Robert W. Woodruff1923–1954
President and Chairman (CEO)
As President and Chairman, Robert W. Woodruff guided The Coca-Cola Company
Source - Roberto Goizueta1981–1997
CEO
As CEO, Roberto Goizueta guided The Coca-Cola Company
Source - Neville Isdell2004–2008
CEO
As CEO, Neville Isdell guided The Coca-Cola Company
Source - Muhtar Kent2008–2017
CEO
As CEO, Muhtar Kent guided The Coca-Cola Company
Source - James Quincey2017–2026
CEO
As CEO, James Quincey guided The Coca-Cola Company
Source - Henrique Braun2026–present
Chief Executive Officer
He played a pivotal role in driving volume growth and implementing revenue growth management (RGM) strategies across emerging markets, significantly boosting international margins.
Source
Timeline: BYD and Coca-Cola side by side
1892Coca-Cola
The Coca-Cola Company Founded
Asa Griggs Candler incorporated The Coca-Cola Company in Atlanta in 1892 after acquiring rights connected to John Pemberton's original formula.
1899Coca-Cola
National Bottling Rights Granted
In 1899, Benjamin F. Thomas and Joseph B. Whitehead secured rights to bottle Coca-Cola across much of the United States. The deal looked less important than the fountain business at first, but it became the foundation of Coca-Cola's physical reach.
1915Coca-Cola
Contour Bottle Introduced
Coca-Cola introduced the contour bottle design in 1915 to make the product recognizable and harder to imitate. At a time when copycat colas were common, the bottle gave consumers a visual and tactile cue that they were buying the real product.
1919Coca-Cola
Company Sold for $25 Million
In 1919, the Candler family sold Coca-Cola to a group of investors led by Ernest Woodruff for $25 million. The transaction signaled that Coca-Cola had become a valuable national business rather than a regional success.
1928Coca-Cola
Olympic Sponsorship Begins
Coca-Cola began its Olympic sponsorship in 1928, linking the brand to international sport and public celebration. The partnership mattered because it gave Coca-Cola a platform that crossed language and national boundaries.
1985Coca-Cola
New Coke Reversal
Coca-Cola introduced New Coke in 1985 after taste tests suggested a sweeter formula could compete more effectively with Pepsi. Consumers rejected the change because the original product had emotional and cultural value beyond flavor.
1995BYD
BYD founded in Shenzhen
Wang Chuanfu and his cousin Lu Xiangyang start BYD in Shenzhen with about 20 employees, making rechargeable batteries for mobile phones.
2000BYD
Becomes a leading NiCd battery maker
BYD becomes one of the world's largest makers of nickel-cadmium batteries, supplying major electronics brands.
2002BYD
Hong Kong listing
BYD lists its H shares on the Hong Kong Stock Exchange under stock code 1211.
2003BYD
Buys Qinchuan and enters the car business
BYD acquires a controlling stake in Xi'an Qinchuan Automobile for about $37.4 million (CN¥269 million), gaining a car production licence and factory.
2008BYD
Berkshire Hathaway takes about 10%
Berkshire Hathaway's MidAmerican Energy invests $232 million for about 10% of BYD, giving the company international credibility.
2008BYD
Launches the F3DM plug-in hybrid
BYD launches the F3DM, the world's first mass-produced plug-in hybrid car, two years before the Chevrolet Volt.
2008Coca-Cola
Muhtar Kent Becomes CEO
Muhtar Kent became CEO in 2008 during a period when emerging markets, bottler alignment, and category diversification were becoming more important.
2009Coca-Cola
Freestyle Fountain System Unveiled
Coca-Cola unveiled Freestyle in 2009, giving foodservice customers a fountain dispenser with more than 100 beverage choices.
2010BYD
Denza joint venture with Daimler
BYD and Daimler set up Denza as a 50:50 joint venture to build premium electric cars in China.
2011BYD
Launches the e6 and lists in Shenzhen
BYD launches the e6 electric crossover, first used as a taxi in Shenzhen, and lists A shares on the Shenzhen Stock Exchange (002594).
2017Coca-Cola
Topo Chico Joins the Portfolio
Coca-Cola acquired Topo Chico in 2017, adding a premium sparkling mineral water brand sourced from Cerro del Topo Chico in northern Mexico.
2017Coca-Cola
James Quincey Becomes CEO
James Quincey became CEO in 2017 and accelerated the push toward a total beverage strategy. He emphasized revenue growth management, zero-sugar products, refranchising discipline, and fewer but stronger brands.
2019Coca-Cola
Costa Coffee Acquisition
Coca-Cola completed the Costa Coffee acquisition in 2019, adding a coffee platform with retail stores, Costa Express vending, for-home formats, and ready-to-drink potential.
2020BYD
Launches the Blade Battery
BYD introduces the Blade Battery, an LFP cell-to-pack design that passes the nail penetration test without fire.
2021Coca-Cola
BodyArmor Full Acquisition
Coca-Cola acquired full control of BodyArmor in 2021 in a transaction valued at about $5.6 billion for the remaining stake. The deal deepened Coca-Cola's position in sports drinks, a category long led by PepsiCo's Gatorade.
2022BYD
Ends combustion-only car production
In March 2022 BYD stops making combustion-only passenger cars and focuses entirely on battery EVs and plug-in hybrids.
2023BYD
Passes Tesla in quarterly BEV sales
BYD sells 3.02 million new energy vehicles in 2023, and its 526,409 battery EVs in the fourth quarter top Tesla's 484,507 for the first time in a quarter.
2023Coca-Cola
$45.8B Revenue
In FY2023, Coca-Cola reported $45.8 billion in revenue, continuing its recovery from the pandemic-era decline in away-from-home channels.
2024BYD
Takes full ownership of Denza
Mercedes-Benz sells its last 10% of Denza in July 2024, leaving BYD as the sole shareholder of its premium brand.
2024Coca-Cola
$47.1B Revenue
In FY2024, Coca-Cola reported $47.1 billion in revenue, with organic performance supported heavily by price/mix and concentrate sales timing.
2025BYD
Berkshire Hathaway exits
Berkshire Hathaway confirms in September 2025 that it has sold its entire BYD stake, ending a 17-year investment.
2025BYD
Becomes the world's top battery EV seller
BYD sells 2.26 million battery EVs in 2025 against Tesla's 1.64 million, and 4.6 million new energy vehicles in total.
2025Coca-Cola
$47.9B Revenue and 65,900 Employees
In FY2025, Coca-Cola reported $47.9 billion in revenue and $13.1 billion in net income. Its 2025 Form 10-K listed about 65,900 company employees at year-end, down from about 69,700 in 2024 because of divestiture activity.
2026BYD
Unveils Blade Battery 2.0 and FLASH charging
On March 5, 2026 BYD unveils the second-generation Blade Battery, which charges from 10% to 70% in about five minutes, and plans 20,000 FLASH charging stations in China by the end of 2026.
2026BYD
Overseas revenue passes China
In the first half of 2026 BYD's overseas revenue of ~$25.2 billion (CN¥181.3 billion) exceeds revenue from China for the first time, even as group revenue falls 7.1% to ~$47.9 billion (CN¥344.8 billion).
Acquisitions
BYD
- Denza (remaining stake from Mercedes-Benz)2024Undisclosed
- Jabil mobile electronics manufacturing business (China)2023$2B
- Xi'an Qinchuan Automobile2003$32M
Coca-Cola
- BodyArmor2021$5.6B
- Fairlife2020Undisclosed
- Costa Coffee2019$5.1B
- Topo Chico2017$220M
- Innocent Drinks2013$320M
Questions about BYD vs Coca-Cola
Who is the CEO of BYD Company Ltd and The Coca-Cola Company?
BYD Company Ltd is led by Wang Chuanfu and The Coca-Cola Company is led by Henrique Braun. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was BYD Company Ltd founded vs The Coca-Cola Company?
The Coca-Cola Company was founded in 1892 — 103 years before BYD Company Ltd, which was founded in 1995. The Coca-Cola Company's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger BYD Company Ltd.
How many employees does BYD Company Ltd have compared to The Coca-Cola Company?
BYD Company Ltd employs approximately 911,900 people, while The Coca-Cola Company employs approximately 65,900. BYD Company Ltd has the larger workforce at 911,900 employees, compared to The Coca-Cola Company's 65,900. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are BYD Company Ltd and The Coca-Cola Company headquartered?
BYD Company Ltd is headquartered in China and The Coca-Cola Company is headquartered in United States. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded BYD Company Ltd and The Coca-Cola Company?
BYD Company Ltd was founded by Wang Chuanfu, Lu Xiangyang. The Coca-Cola Company was founded by Asa Griggs Candler, John Stith Pemberton.
Which company has a longer operating history — BYD Company Ltd or The Coca-Cola Company?
The Coca-Cola Company has been operating for approximately 134 years, making it the more established of the two companies. BYD Company Ltd has been in operation for around 31 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the BYD vs Coca-Cola overview