By Eric Huang    Photo： Mike Bird

Chinese automaker BYD's recent initiative has garnered widespread attention and is poised to have a profound impact on the international logistics and automotive transportation industries. BYD, a major player in the electric vehicle (EV) sector, is aggressively expanding its business to international markets.

The BYD EXPLORER NO.1 represents a significant milestone as it is BYD's inaugural car transport ship explicitly designed for exporting Chinese automobiles, marking a breakthrough for Chinese automakers in the field of international logistics. Manufactured by CIMC Raffles, a subsidiary of the CIMC Group, this 7,000-vehicle capacity vessel is exclusively leased to BYD by the international shipping company Zodiac Maritime. The ship boasts impressive specifications, measuring 199.9 meters in length, 38 meters in width, and a maximum carrying capacity of 7,000 vehicles.

However, what truly sets the BYD EXPLORER NO.1 apart is its environmentally friendly features. It utilizes liquefied natural gas (LNG) as its primary fuel, significantly reducing emissions of nitrogen oxides and sulfur dioxide, aligning with the increasingly stringent global environmental regulations. Moreover, the vessel offers an exceptional cruising range of up to 15,800 nautical miles, making it an ideal choice for transporting EVs to international markets, including Europe.

This move by BYD is not just a significant milestone for the company but also represents the broader trend of Chinese automakers actively seeking to expand their presence in international markets. BYD achieved remarkable success in 2023, with sales exceeding three million electric vehicles, placing it among the top ten global automakers. However, Chinese automakers are now aggressively looking to expand their business into international markets, particularly in Europe.

According to the company, BYD's sales exceeded three million EVs in 2023, ranking them in the top 10 globally. This demonstrates the competitiveness of Chinese automakers in the EV sector. To support their international market expansion, BYD has already begun increasing its export business and actively utilizing chartered vessels. The articles also mention that other Chinese automakers are actively seeking to expand their international presence. For example, SAIC-GM-Wuling Automobiles recently initiated its first exports to Mexico, showcasing the growing importance of the international market for Chinese automakers.

In addition to BYD, other Chinese automakers are making proactive moves in the realm of international logistics. Chery, another Chinese automaker, has acquired its shipyard to construct its car transport fleet. This shipyard will produce 6,000-car roll-on/roll-off (ro-ro) vessels and 80,000 deadweight tonnage Panamax bulk carriers, not only serving Chery but also catering to other clients. This clearly indicates the commitment of Chinese automakers to international markets, as they actively seek reliable transportation methods to ensure smooth exports.

Furthermore, China's shipping giant, China COSCO, has ordered 24 LNG-fueled Pure Car and Truck Carriers (PCTCs), which will make a substantial impact on the market once they commence delivery later this year. China COSCO is one of the world's largest shipowners, and its actions reflect the active participation of Chinese companies in international logistics.

In conclusion, BYD's inaugural car transport ship, the BYD EXPLORER NO.1, signifies a breakthrough for Chinese automakers in international logistics, and Chinese automakers are making significant strides in expanding their export business to international markets. The environmentally friendly features of the BYD EXPLORER NO.1 and the international expansion efforts of Chinese automakers are indicative of their innovation and competitiveness. Additionally, Chinese automakers are actively engaging in shipbuilding and leasing to meet the demands of international logistics. These initiatives are shaping the future of international logistics and automotive transportation and strengthening China's position in the global economy.

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