Etiqueta: Sales

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.

The world’s leading producer of EVs and electric hybrids, Chinese automaker BYD has shipped a record number of vehicles to Brazil this year.

It already outsold Tesla in the UK and Europe, but this could be just the start. BYD said it’s launching...

Chinese automakers are moving to Plan B in Europe, falling back on their ability to build plenty of good, old-fashioned, non-tariffed gas-powered vehicles.

From July 2025, BYD will handle the distribution of its EVs and plug-in hybrids in Australia, taking over from EV Direct. The move comes a year ahead of

Carmaker’s six vessels can carry 45,600 cars, and two more ships will add 16,200 to that total soon, company says.

BYD's sixth car carrier, BYD Changsha, set sail today, just days after BYD Xi'an entered service.

About 7,000 NEVs are being loaded onto the BYD Xi'an car carrier, which will sail to countries including the UK, Italy, Spain, and Belgium, BYD said.

The BYD Changzhou delivered 2,000 vehicles to Mexico's port of Mazatlán, where the ship arrived on June 6, and 3,503 to the port of Lázaro Cárdenas.

Are you sick of hearing BYD’s name yet? You may want to get used to it. Another one of its...