Tesla faced a shortfall in vehicle deliveries due to insufficient transport options in October 2022. In contrast, BYD launched a strategy to build seven large ships to enhance international distribution of its electric vehicles. This fleet, including the Explorer No.1 and Zhengzhou, enables BYD to bypass traditional shipping methods, enhancing its capability to export cars globally. The ships, which have made significant voyages to Europe and Brazil, support BYD's goal of selling half its cars outside China by 2030, positioning it as a formidable competitor to Tesla and legacy automakers.
Elon Musk acknowledged a critical shortage of transport as Tesla struggled with an excess of vehicle production over deliveries, indicating a logistical challenge impacting sales.
In response to the increasing demand for EVs, BYD built a fleet of seven giant ships to directly manage its vehicle shipping, bypassing traditional carriers.
BYD’s fleet, including boats like the 200-meter-long Explorer No.1, enables unprecedented international expansion as it transports cars to markets like Europe and Brazil.
The Zhengzhou, part of BYD's fleet, can transport up to 7,000 vehicles while the Shenzhen holds over 9,000, showcasing BYD's commitment to scaling its operations globally.
Collection
[
|
...
]