03-August-2025
Corporate News
 
BYD's July Production Falls for First Time in 17 Months as Expansion Spree Slows
02-Aug-2025

BYD's vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has catapulted the Chinese automaker into the world's largest electric vehicle maker. BYD made 317,892 electric vehicles and plug-in hybrids (PHEVs) globally last month, while sales edged up 0.6% to 344,296 vehicles, slowing sharply from a 12% increase in June, according to a monthly filing with the Hong Kong Stock Exchange. Its EV sales and production still grew in July versus last year, but PHEV sales dropped 22.6% and production shrank 24.6%.

News Source:- https://money.usnews.com/investing/news/articles/2025-08-01/byds-july-production-falls-0-9-y-y-as-expansion-spree-slows