Biography
Xu Xudong, at 55 years old, chairs Ningbo Xusheng Auto Technology, a key player in the automotive industry. His wealth stems from his involvement in auto parts, making him a significant figure in China's business landscape. His company supplies gearboxes and battery protection shells to Tesla and other prominent automotive manufacturers like Chrysler, Mahler, and Bosch. As of 2024, his net worth is estimated at $1.2 billion, reflecting his success and influence in the auto parts sector. His career has been marked by the growth and expansion of his businesses within this industry.