<ul data-eligibleForWebStory="true"><li>BYD, the world's largest electric vehicle (EV) maker, has reportedly slowed production at its Chinese factories due to slower growth than expected in its home market after significant price cuts.</li><li>The company has canceled night shifts at some plants and reduced capacity by up to one third, suspending plans for new product assembly lines.</li><li>Despite sales targets aiming for 5.5 million in 2025, BYD had only sold 1.76 million cars globally by the end of May 2025, indicating slower sales performance.</li><li>The China Association of Automobile Manufacturers reported only 0.2% growth for BYD in May 2025, the lowest since February 2024, with concerns raised over excess stock and financial subsidies for new-car sales in China.</li></ul>

World’s largest EV maker BYD slows production – report

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