BYD, a global leader in electric cars (EVs), made an impressive move into the European market with the arrival of its first roll-on/roll-off carrier, the Explorer No.1 in Germany. The vessel carried approximately 3,000 electric vehicles. This Ro-Ro (roll on/roll off) cargo ship is leased by BYD and owned by Zodiac Maritime. With a 653-foot span, it can accommodate 7,000 automobiles. It is the first vessel constructed by a Chinese shipyard specifically for the export of automobiles.
The ship, which sailed earlier this month and arrived in Bremerhaven, Germany, demonstrated BYD’s dedication to growing its global footprint. Green and pure liquefied natural gas are the primary fuels used by BYD’s Explorer No.1, highlighting the company’s commitment to the environment. This action aligns with BYD’s attempts to cut emissions, especially because China is now the world’s largest automobile exporter, overtaking Japan.
The ship’s manufacturer, China International Marine Containers Group (CIMC), highlights the effects of employing liquefied natural gas as the primary fuel on the environment. The company plans to use the Ro-Ro vessels to build relationships with other Chinese automakers and carry BYD vehicles.
BYD Corporate GM Wang Junbao outlines the company’s strategic intent to use these vessels to strengthen partnerships within the Chinese automotive sector in addition to using them for its vehicles.
BYD, which started as a battery manufacturer in 1995 before expanding to produce plug-in hybrid and all-electric vehicles, is marking a significant milestone with this arrival. In the final quarter of 2023, BYD surpassed US automaker Tesla to become the largest manufacturer of battery electric vehicles based on volume, having delivered over 500,000 units.
BYD intends to build its factory in Europe as part of its expansion, imitating Tesla’s operations close to Berlin. BYD’s planned base in Hungary will begin operations in three years, bolstering the company’s global footprint in the electric vehicle sector.
Reference: Economic Times, Logistics Insider
BYD’s Explorer No.1 Arrives With 3,000 EVs In Germany, Transforming Global Auto Market appeared first on Marine Insight – The Maritime Industry Guide
Source: Maritime Shipping News