BYD slows production, delays capacity expansion at China factories: Reuters
- BYD trimmed production at several Chinese factories and delayed new production lines in mid-2025 amid rising inventories and slower sales growth.
- The production cutback followed aggressive discounts launched in May 2025 across 22 models to reduce dealership backlogs amid an intensifying price war.
- Despite reducing output by about a third at some plants, BYD posted record overseas sales in May and increased passenger vehicle sales 37% through May 2025.
- BYD sold nearly 382,476 new energy vehicles globally in May 2025 and dealers held 3.21 months of inventory, over twice the national average, signaling continued market pressure.
- The cutbacks indicate a possible slowdown in BYD's rapid growth but the company remains the world's leading EV maker and is expanding rapidly in overseas markets like Europe.
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BYD slows production, delays capacity expansion at China factories, sources say | The Asahi Shimbun: Breaking News, Japan News and Analysis
SHANGHAI--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.
·Tokyo, Japan
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Total News Sources54
Leaning Left7Leaning Right9Center7Last UpdatedBias Distribution39% Right
Bias Distribution
- 39% of the sources lean Right
39% Right
L 30%
C 30%
R 39%
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