Key Takeaways
1. BYD is expanding its global presence by introducing a new car carrier, the BYD Changsha, to enhance product distribution outside of China.
2. The BYD Changsha will join the existing BYD Shenzhen, both capable of carrying 9,200 vehicles each.
3. BYD names its ships after its production facilities, with previous vessels including the BYD Explorer No. 1 and BYD Hefei.
4. BYD is the largest new energy vehicle (NEV) maker in China, producing over four million vehicles last year.
5. Exports from BYD are increasing significantly, with a 125% rise in overseas shipments in early 2025 compared to the previous year.
BYD keeps pushing forward as it aims to broaden its presence globally. In a recent post on Weibo, the automaker announced that it will soon introduce its fifth car carrier to bring its products closer to customers outside of China.
New Vessel Announcement
The company will soon add the BYD Changsha to its fleet of ocean-going vessels. This new ship has the capacity to carry 9,200 vehicles at one time and will join the BYD Shenzhen, which has the same capacity.
Naming Tradition
BYD gives its ships names based on its production facilities. The first vessel was the BYD Explorer No. 1, which had a capacity of 7,000 and was leased from another company. However, the first ship that BYD fully owned was the BYD Hefei, which could lift 7,000 cars. Other vessels include the BYD Changzhou, which embarked on its first journey to Europe late last year with 5,000 electric cars onboard.
Rapid Growth in NEV Market
BYD has quickly become the largest new energy vehicle (NEV) maker in China. Last year, it produced over four million vehicles, with more than 400,000 sold outside of its home market. Exports from BYD are booming, with 133,361 vehicles shipped overseas in the first two months of 2025, marking a 125 percent increase compared to the same period last year.
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