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New energy vehicles drive overseas growth

New energy vehicles drive overseas growth

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China's automobile exports are experiencing a remarkable surge driven by logistic upgrades and new energy vehicle dominance.
BYD denies rumors of cutting EV production, says sales are still growing steadily

BYD denies rumors of cutting EV production, says sales are still...

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BYD says there’s no slowdown, despite the rumors. After several sources claimed that BYD was cutting EV production in China...
BYD scales back production amid market challenges

BYD scales back production amid market challenges

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China’s BYD has decelerated its manufacturing and growth efforts by cutting back on shifts at some of its Chinese plants.
BYD is selling more EVs than ever, so why is it trimming production in China

BYD is selling more EVs than ever, so why is it...

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BYD is coming off its best sales month of the year after slashing EV prices in late May. However, it...
China’s BYD Cuts Back on EV Production, Factory Expansions

China’s BYD Cuts Back on EV Production, Factory Expansions

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The world's biggest EV-maker is grappling with rising inventory even after offering deep price cuts in China's cut-throat auto market
BYD slows production, cutting output at some factories by a third, report says

BYD slows production, cutting output at some factories by a third,...

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BYD has slowed production and expansion in recent months, reducing shifts at some of its Chinese factories and delaying plans for new production lines, Reuters reported.
BYD cuts EV production in China

BYD cuts EV production in China

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Chinese car manufacturer BYD has slowed down its production and expansion in recent months by reducing shifts in some factories in China and postponing plans
BYD Scales Back Production Amid Profit Concerns, Rising Inventory in China - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

BYD Scales Back Production Amid Profit Concerns, Rising Inventory in China...

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BYD Co Ltd BYDDY (OTC BYDDF), the Chinese electric vehicle (EV) leader, has reportedly cut back on production at its Chinese facilities due to...
BYD slows production, delays expansion at China factories, sources say

BYD slows production, delays expansion at China factories, sources say

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STORY: BYD has slowed its production and expansion pace in recent months.That's according to two sources close to the matter.They said the Chinese electric vehicle giant reduced shifts at some factories in its home market and delayed plans to add new production lines.The decisions might be a sign BYD's strong sales growth over the past couple of years could slow.It also faces rising inventory even after offering deep price cuts in China's highly competitive auto market.The sources said BYD canceled night shifts and lowered output by at least a third at some of its factories.They added the measures were imposed on at least four facilities, and BYD had suspended some plans to set up a new production line.BYD's expansion in recent years drove it to overtake Tesla as the world's largest EV maker.It sold 4.27 million cars last year.The automaker has at least seven car factories in China and targeted a near-30% rise in sales this year.Reuters was not able to identify the exact scale of the production reduction and expansion suspension.It could also not find out how long these measures may last.One of the sources said the moves were aimed at saving costs.While another said they were imposed after sales failed to meet targets.BYD did not immediately respond to a request for comment.
Exclusive-BYD slows production, delays capacity expansion at China factories, sources say

Exclusive-BYD slows production, delays capacity expansion at China factories, sources say

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SHANGHAI (Reuters) -Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. The decisions are a sign that BYD's robust sales growth over the past couple of years that drove it to overtake Tesla as the world's largest EV maker could slow, as it grapples with rising inventory even after offering deep price cuts in China's cutthroat auto market. These previously unreported measures were imposed on at least four factories and BYD had also suspended some plans to set up new production lines, one of the people said.