China is exporting so many EVs that it needs more ships – a lot more
Baua Electric
APRIL 11, 2024
Yet, the current state of affairs is rapidly changing, with Chinese companies putting 47 ships on order, which accounts for a quarter of all orders globally. China has already overtaken Japan as the world’s largest auto exporter, with BYD alone exporting more than 240,000 vehicles last year, making up about 80% of its global sales.
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