It is understood that BYD has reduced the shift frequency of two car assembly plants in China, which indicates that the current demand in the Chinese car market is declining, and also affects the best-selling electric car brand in the Chinese market.。BYD's sales in China are still higher than Tesla's.。

According to three people familiar with the matter, BYD currently requires some workers at its largest manufacturing center, the Xi'an plant, to work only four days a week and has changed the plant's shifts to two shifts a day for eight hours.。It is reported that BYD's Xi'an plant is mainly responsible for the production of BYD's highest-selling models - BYD Song and BYD Qin electric cars。

In addition, people familiar with the matter said BYD has also reduced the frequency of its Shenzhen plant, which produces BYD Han, from three shifts a day to two shifts a day。

BYD has yet to explain the reduction in frequency.。But some insiders said that since the beginning of the year, demand in the entire electric vehicle industry has begun to weaken, and BYD has had to start cutting production.。It is also unclear how long BYD's shift reduction will last, and it is not certain whether BYD's other plants will be affected by changes in production plans, and changes in production are not known.。

In recent years, BYD has been growing rapidly and gaining more market share in the Chinese market.。Last month, BYD sold more cars in China than Volkswagen for the first time.。Year-to-date, BYD has also sold more than five times more than Tesla。

But since the beginning of this year, due to a change in national policy-ending the subsidy program for electric vehicles and plug-in electric vehicles。Sales across the electric car industry are starting to slow, and BYD's production is slowing as well.。

According to the China Association of Automobile Manufacturers, BYD's average daily production in January and February was 5,749 vehicles, down 22% from the average daily production in October and November.。

Analysts believe the steep discounts have created some demand for the industry as other automakers have followed Tesla into a market share price war, but inventories have been rising across the industry.。

BYD said that in the first two months of this year, BYD's total sales (including export sales and sales to dealers) increased by 89% year-on-year.。But retail sales growth, based on insurance registration data, slowed to 66 percent, according to China Merchants Bank International.。

In an effort to spur demand, BYD began offering discounts in March for its best-selling Yuen Plus and BYD Seal electric cars.。Last week, the company also unveiled new Han sedans and Tang crossovers.。