BYD Shares Face Investor Skepticism Despite Record Production

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While BYD celebrated a historic manufacturing achievement this Monday, its stock price told a different story. The Chinese electric vehicle giant continues to break operational records, yet investors are applying the brakes, creating a puzzling disconnect between corporate performance and market valuation.

The company announced the completion of its 15 millionth New Energy Vehicle (NEV). The milestone Denza N8L SUV rolled off the production line at the Jinan facility. The sheer velocity of this expansion is staggering: BYD needed only 13 months to increase its cumulative output from 10 million to 15 million units. This stands in sharp contrast to the 13 years it took the automaker to build its first million cars.