According to a recent post citing He Zhiqi, BYD executive vice president, the NEV (new energy vehicle) automaker added production capacity of nearly 200,000 vehicles per month from August to October of this year. The capacity addition of nearly 2.4 million vehicles over the course of a year is greater than Tesla’s total annualized global production (469,796 units in the 3rd quarter multiplied by four equals 1,879,184 units). Note that Tesla’s production capacity, without adding new lines, appears to be about 3 million — but consumer demand is apparently lacking.