Ju Chao Zi Xun·2025-12-22 07:30Group 1 - BYD's first European factory in Hungary is set to begin production, with a planned annual output of 300,000 electric vehicles, marking a significant step in its overseas localization strategy [1] - In November, BYD achieved a record monthly sales high of 480,186 vehicles, with a year-to-date total of 4.18 million vehicles sold, representing an 11.3% year-on-year increase [1] - The November sales included 474,921 passenger vehicles, comprising 237,540 pure electric vehicles and 237,381 plug-in hybrid vehicles, while overseas sales surpassed 130,000 units, also a historical high [1] Group 2 - At a recent shareholder meeting, BYD's chairman Wang Chuanfu analyzed the domestic market decline, attributing it to decreased technological lead and increasing industry homogenization, along with user demand issues such as slow low-temperature charging [2] - Wang emphasized the importance of technological breakthroughs for future development and indicated that significant technology releases are forthcoming, supported by a team of 120,000 engineers [2]