The largest BYD company in the world slows production – report – report

Byd According to what was reported, production in its Chinese factories was reduced after significant price cuts in the slower growth than the plan in the local market of the company.

according to Car newsBYD – which exceeded Tesla to become the largest electric vehicle manufacturing company (EV) in 2024 – made the unprecedented step of canceling night shifts in some of its plants.

The report indicates that the auto manufacturer has reduced the capacity by a third in some of its factories, as plans are attached to the new products assembly lines as part of this step.

One source said Car news BYD was absent from goals to increase sales from 4.27 million, which he sold worldwide in 2024 – including 20,458 in Australia – to 5.5 million in 2025.

Hundreds of new car deals are available through Carexpert now. Get experts next to you and register a lot. Browse now.

By the end of May 2025, the BYD sold 1.76 million cars worldwide, with an interest rate of 4.23 million for the full evaluation year.

BYD will not confirm the slowdown or comment when contacting it Car news.

The BYD performance was less pronounced was an exciting global sales segment of Tesla, including falling in Europe, China and Australia, where Toyota RAV4 expelled Tesla model as the best march in the world.

In the first three months of 2025, Tesla production fell to 362,615 units compared to 433371 units during the same period in the previous year, with revenue decreased by 66 percent.

See also  Ferrari F80 or McLaren W1: Which is the best new hybrid car?

However, the production numbers of the Automobile Manufacturers Association in China (CAAM) revealed to BYD a growth of only 0.2 percent in May 2025, the lowest growth numbers since February 2024, which was on production days less with the disruption of the month on national holidays.