Tired of the continuing issues surrounding global logistics, two large Chinese automakers have gone to extreme lengths in order to ensure that their cars get shipped from their factories to other markets: they bought their own ships.BYD, which now only makes electrified vehicles, ordered at least six ships in October. Each ship costs around USD 710 million, and is reportedly able to carry 7,700 cars. Meanwhile, SAIC Motor has ordered seven new carriers each able to hold 8,900 vehicles.EV maker Nio and Chery Automobile are also eyeing to buy their own ships as well.

https://www.carguide.ph/2022/12/chinese-carmakers-are-buying-their-own.html

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