BYD just launched the largest car carrier to charge up its global EV ambitions
31–40 of 70 posts
Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#32[flagged]
Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#33Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#34I suppose one can only buy 30 year old second hand vehicles.
Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#35GOOD Point by my wife. Could they double purpose these ships as ferries? Seems like the same basic concept.
Here is the only photo I could find: https://movimentoeconomico.com.br/wp-content/uploads/2024/05...
Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#36[flagged]
Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#37Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#38Vertically integrating. Not as subtle as I'd have expected, but still sensible.
That's pushing vertical integration to extremes. Is there any precedent to car carriers dedicated to one manufacturer? Wikipedia mentions a "Toyota Maru No. 10" which was NOT owned by Toyota - although I don't know if it was dedicated to them.
General Motors helped design the Vert-A-Pac. https://chevyvega.fandom.com/wiki/Vert-A-Pac
Re: BYD just launched the largest car carrier to charge up its global EV ambitions
#39Vertically integrating. Not as subtle as I'd have expected, but still sensible.
That's pushing vertical integration to extremes. Is there any precedent to car carriers dedicated to one manufacturer? Wikipedia mentions a "Toyota Maru No. 10" which was NOT owned by Toyota - although I don't know if it was dedicated to them.
These are also not owned by VW Logistics, but on long-term lease to them.
Note this is the similar for several BYD RoRo carriers, e.g. the BYD Explorer No.1 and BYD Changzhou are owned by Zodiac Maritime and chartered by/leased to BYD.
As to why a UK-based shipping company owned by a Israeli billionaire based in Monaco buys RoRo carriers from a Chinese shipyard, and then leases them back to a Chinese car maker, I don't know. But I'm also quite curious about the regulatory and financing-related incentives and money flows involved. I'm aware this kind of setup is called a "Non-operating owner" and is fairly common.