If the blue wire going to the voltage regulator shows low voltage will make it overcharge. It comes from the ignition switch to the bulk head
Then from the bulk head it goes to a soldered 4 way connection in the harness. From there it splits goes to the Alternator, voltage regulator, ballast resister, electric choke, Somewhere that wire is shorted or has a bad connection.
I usually find it is at the bulk head being dirty but there has been times I found the soldered joint at the splice is broke. I believe if you find your Alternator and voltage regulator are good it will be that wire.
Get a volt meter and check power from the ign. to the splice and out to its use under the hood to find where it is losing power from a short or broken. CHECK THE BULK HEAD CONNECTION.