BYD Now Exports Cars in its Own Purpose-Built Vessel

BYD’s own purpose-built car carrier— Explorer No. 1 has set sail on its inaugural journey from Yantai, Shandong, marking the first addition to BYD’s “sea fleet.”

Related: BYD’s Mammoth Vessel Completes Sea Trial- Can Transport 7,000+ Cars

With a capacity of 7,000 cars, the mammoth vessel was constructed by CIMC Raffles, a subsidiary of CIMC Group, was commissioned to the international shipping company Zodiac Maritime, and is exclusively leased to BYD. The ship is an integral component of BYD’s growth strategy, as the automaker holds the title of China’s top-selling auto brand.

BYD ship

As part of its plan to become the number one automaker in the world, BYD will expand its overseas sales and is attempting to break into major car-buying markets, such as Europe, where the Explorer No. 1 is headed on its maiden voyage. The launch of BYD’s carrier has occurred at an important time for the automaker when a shortage of ships — which stems from the decision to scrap older vessels during the pandemic — has led to rising charter prices, and increasing export costs.

Related: BYD Dethrones Tesla to Become the World’s Leading EV Maker in Q4, 2023

The BYD Explorer No. 1 has a cruising range of 15,800 nautical miles, and is powered, in part, by natural gas, which is said to be greener than the fuel traditionally used by cargo ships. Utilizing liquefied natural gas (LNG) as the primary fuel for its main engine and generators, the vessel boasts environmentally friendly features, significantly reducing nitrogen and sulfur oxides emissions.

 

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