BYD Exports Over 1 Million Vehicles Annually with New Carrier

Key Takeaways

1. BYD has added the BYD Jinan as its eighth ocean-going ship, enhancing its vehicle export capabilities.
2. The company can now export over one million vehicles annually, with some ships carrying nearly 10,000 vehicles each.
3. There are no immediate plans for further fleet expansion after the BYD Jinan.
4. BYD’s fleet includes vessels named after cities such as Explorer No. 1, Hefei, Changzhou, Shenzhen, Xi’an, Changsha, and Zhengzhou.
5. In August, BYD sold 373,626 vehicles, with over 80,000 exported, reflecting significant growth in both domestic and international markets.

BYD has recently expanded its fleet of car-transporting ships, enhancing the company’s ability to export over one million vehicles annually. This update was announced on Weibo.

Latest Addition to the Fleet

The BYD Jinan marks the eighth ocean-going ship added by the Chinese electric vehicle manufacturer. True to its tradition, the new vessel is named after a city in the eastern Shandong province, where BYD has a strong manufacturing presence.

Future Plans Uncertain

BYD mentioned that this latest ship might be the final addition for some time, as there are no immediate plans for further expansion.

While the specific carrying capacity of the BYD Jinan hasn’t been shared, it has been disclosed that the company is now capable of exporting more than one million cars each year. Three of its cargo ships can transport nearly 10,000 vehicles, while the majority of the vessels can accommodate around 7,000 vehicles.

Overview of BYD’s Fleet

The fleet of BYD includes vessels such as BYD Explorer No. 1, BYD Hefei, BYD Changzhou, and BYD Shenzhen, which had its first trip in April. Other ships in the fleet are BYD Xi’an, BYD Changsha, and BYD Zhengzhou.

This year has been quite eventful for BYD both in domestic and international markets. In August alone, the company sold 373,626 vehicles, reflecting an 8.52 percent increase from the month prior. Over 80,000 units were exported, which is more than double the amount from the same time last year. So far in 2025, BYD has shipped 625,816 units, marking a 136.27 percent increase compared to the previous year.

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