Biography
Xu Xudong is a Chinese billionaire and chairman of Ningbo Xusheng Auto Technology. His wealth stems from the auto parts industry. Xu, 55, has built a successful career in this sector, with Ningbo Xusheng Auto Technology being a supplier of gear boxes and battery protection shells to Tesla. Other major customers include Chrysler, Mahler, and Bosch. As of April 2025, his net worth is estimated to be $1.6 Billion, making him a prominent figure in the global automotive market. Xu's career showcases his entrepreneurial acumen and ability to navigate the complexities of the automotive industry, establishing a strong presence in the supply chain and renewable energy sectors.
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Updated 3/6/2026