BYD Goes On Hiring Spree — I Wonder Why

Chinese automaker BYD is hiring about 9,000 workers at two factories in southern China, even though car sales across China are down this year and BYD's domestic sales have slowed too. The company says it simply doesn't have enough supply to meet demand for new models like its Great Tang SUV, which charges very quickly.

The bigger driver, though, is overseas sales. BYD's exports jumped nearly 95 percent in June compared with a year earlier, with over 175,000 vehicles sold abroad that month alone. The factories doing the hiring build models sold both in China and abroad, including the Song Plus and Song Pro, and produced more than 300,000 vehicles last year.

For homeowners, this isn't a story about rebates or home upgrades. It's a sign that BYD, already one of the largest electric vehicle makers in the world, is expanding fast and pushing into more countries with competitively priced EVs. That matters mainly if you're watching the EV market broadly: more supply and more competition from BYD abroad could eventually affect prices and options for electric vehicles, including any plans to pair an EV with home solar or a charger. But this particular news is about factory hiring in China, not about any new incentive, rebate, or program available to homeowners right now.