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BYD slows production, delays capacity expansion at China factories: Reuters

  • BYD, a Chinese electric vehicle leader, slowed production and canceled night shifts at several Chinese factories as of mid-2025.
  • This slowdown followed BYD’s aggressive price cuts of up to 34% on 22 models in late May amid rising dealer inventory and profitability concerns.
  • Despite production cuts, BYD achieved its best sales month in May with 382,476 new energy vehicles sold globally and 89,000 exported overseas.
  • BYD dealers reported an average inventory level of 3.21 months in May, the highest among Chinese brands, while BYD’s 2025 sales reached 1.76 million units, 32% of its 5.5 million target.
  • These developments indicate BYD is managing slower production amid sustained strong demand and intensifying competition in the Chinese EV market.
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SRN News broke the news in on Wednesday, June 25, 2025.
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