The BYD Explorer No. 1 is the first chartered cargo vessel developed and managed by Zodiac Maritime Ltd. and was built by the International Marine Containers Group Co. It can transport almost 7,000 vehicles and was commissioned by the BYD. The vessel is one of the integral components of BYD’s growth strategies, as the automaker owns the title of the top-selling auto brand in China.
Last year, China emerged as the most significant exporter of vehicles globally, and its automotive industry is set...