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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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The Canberra TimesThe Canberra Times
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World’s largest EV maker BYD slows production – report

The Chinese brand has overtaken Tesla globally but isn’t meeting its sales targets at home, according to insiders.

·Canberra, Australia
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SRN News broke the news in on Wednesday, June 25, 2025.
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