BYD is ramping up restructuring efforts for its research and development (R&D) facilities, according to a report by Chinese media outlet 36Kr on Thursday. The company’s vehicle engineering institute is undergoing a transformation from a department system to a more expansive center-based model, as stated by individuals familiar with the matter. The report also reveals that BYD has established a dozen technology centers, each with a specific focus on areas such as electronics, electrical engineering, and chassis. Additionally, three brand development institutes have been set up for the company’s premium brands, including Yangwang, Denza, and others. This strategic move is expected to enhance BYD’s R&D capacity in a more regulated manner, aligning with its sales target of at least 3 million units for this year, representing a potential 60% growth compared to 2022. [36Kr, in Chinese]