Chinese electric vehicle manufacturer BYD has reduced vehicle production at several factories in China by cutting night shifts and lowering output by at least one-third of capacity, according to multiple sources. These production cuts have been implemented at a minimum of four factories. In addition, BYD has suspended plans to establish new production lines and delayed capacity expansion. The company’s decision comes amid rising inventory levels, slowing domestic sales, and intensifying price competition in China’s electric vehicle market. Dealers currently hold approximately 3.2 months of stock, the highest nationwide. BYD's shares declined about 3% following the announcement of the production cuts and slowing sales growth.