China's EV giant BYD cuts sales target by 16% to 4.6 mn units: Report
China's EV giant BYD has slashed its sales target for 2025 by as much as 16% to 4.6 million vehicles, Reuters reported. This comes after it earlier told analysts in March that it was targeting sales of 5.5 million vehicles for this year. Additionally, this new sales target remains subject to change depending on market conditions.