Chinese EV auto industry leader is pivoting to shipping


🚘 Chinese EV auto industry leader is pivoting to shipping.

BYD, a Chinese electric vehicle manufacturer, has ordered several car carriers to transport their products across the oceans on their own equipment. The global shipping services will not only be used on the product created by BYD - it looks like the company will also be offering its services on the car carriers to other car manufacturers. This is likely to establish a foothold in global shipping, particularly for electric vehicles.

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