BYD & Hyundai Team Up for Global Car Exports
Briefly

The recent MOU between BYD and Hyundai's logistics arm, Hyundai Glovis, opens new avenues for both companies, aiming to enhance car shipping efficiency for overseas markets.
Hyundai Glovis seeks to increase its clientele by securing partnerships with foreign automakers while targeting a 50% hike in revenue from car shipping operations.
BYD targets a future where international sales comprise 50% of its total sales, emphasizing the importance of the logistical partnership with Hyundai Glovis.
Hyundai Glovis plans to grow its fleet of PCTCs from 81 to 102 by 2026 and further to 128 by 2030, investing in higher-capacity vessels.
Read at TESLARATI
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