Xi Niu Cai Jing·2025-12-08 05:52Core Insights - BYD has launched a "Flawless Operation" initiative in its battery factories starting from Q3 2023, aiming for zero defects in battery products throughout their lifecycle [2] - The initiative involves enhancing efficiency across manufacturing, processes, and customer service to minimize errors [2] - BYD aims to achieve industry-leading management levels within 3-5 months and align with external major clients' standards by 2026, ultimately targeting Toyota's management standards [2] Group 1 - BYD is the world's second-largest power battery manufacturer, primarily supplying its own brands, including Dynasty, Ocean, Tengshi, Fangchengbao, and Yangwang [2] - In the first three quarters of 2025, BYD's domestic power battery installation volume reached 113.42 GWh, with external supply installation volume at 23.65 GWh, marking an external supply share of 20.85% [2] - The company's energy storage business is also expanding rapidly, indicating a growing market presence [2] Group 2 - The shift from self-supply to a balanced internal and external supply model presents new and higher demands on BYD's manufacturing system [3] - The "Flawless Operation" initiative is designed to ensure high quality, stability, and consistency in large-scale production [3] - The success of this initiative and its ability to meet expected goals will be closely monitored by industry analysts [3]