BYD has introduced its latest cargo ship, the BYD Shenzhen, which is the world's largest and has a capacity of 9,200 vehicles, expanding its shipping fleet significantly.
As BYD expands into new regions, including South Korea and Europe, the company is also launching new models like the Atto 2 SUV, positioning itself for international growth.
Despite the impressive growth and expansion, BYD faces financial scrutiny with concerns over potential significant debt as highlighted by GMT Research, raising questions about its financial health.
The increasing demand for electric vehicles results in elevated need for transport vessels, leading Chinese automakers, like BYD, to enhance their cargo ship capacity.
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