Etiqueta: Tesla

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.

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

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The Power Pack Bundle offered by Octopus Energy and BYD includes a leased V2G-ready BYD Dolphin EV, a bi-directional Zaptec Pro charger and access to a smart tariff that offers...

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