R&D

BYD and Nio Signal a New Phase for Chinese EVs

BYD is reportedly splitting its central R&D organization into five brand-specific engineering arms after a 20% sales decline in the first five months of 2026, a major shift aimed at reducing product overlap and improving accountability. At the same time, Nio has opened a new engineering hub in the UK, while a fatal aftermarket warehouse fire in China highlights growing safety and compliance pressures across the Chinese EV industry.