Dear Europe: "China’s BYD expands car-carrier fleet to bolster EV exports amid furious domestic competition"

BYD doesn't sell in the U.S. and there aren't very many markets that can absorb the overproduction.

And the government does not want the price war for the domestic market to get any more cut throat:

May 28 - "Chinese EV Stocks Tumble After BYD Slashes Prices Up to 35%"

Nay 29 - Whoa!—Chinese Electric Vehicles: "The Evergrande of the automotive industry already exists; it just hasn't collapsed yet."

June 3 - Chinese Government Warns Against Electric Vehicle Price War

From the South China Morning Post, June 24: 

Carmaker’s six vessels can carry 45,600 cars, and two more ships will add 16,200 to that total soon, company says

 

BYD, the world’s largest electric vehicle (EV) maker, has taken delivery of two new car-carrying ships – the largest yet in a growing fleet – as it bets on export growth to counter brutal competition at home.

The Shenzhen-based company took delivery of its sixth carrier, the BYD Changsha, which can transport 9,200 vehicles, on Tuesday, just three days after it received the Xi’an, another vessel with the same capacity.

The company’s six roll on/roll off vessels had a combined capacity of 45,600 vehicles, and another two ships with a combined capacity of 16,200 cars were due for delivery in coming months, BYD said.

The Xi’an was put to work immediately; laden with 7,000 EVs, it set sail on Tuesday from Taicang, in eastern China’s Jiangsu province, bound for European countries including Italy, the UK, Spain and Belgium, BYD said.

“The ships reflect BYD’s resolve to achieve higher sales in markets outside mainland China, since it can enjoy a higher profit margin abroad,” said Chen Jinzhu, CEO of consultancy Shanghai Mingliang Auto Service. “With car carriers owned and operated by the company, it can quicken its export pace and save ocean transport costs.”

BYD exported 374,200 vehicles in the first five months of 2025, up 112 per cent from a year earlier. Exports accounted for 21.5 per cent of its total deliveries, compared with just 10 per cent in 2024.

As its EVs are subject to a 27 per cent tariff in the European Union, BYD’s most affordable model, the Dolphin Surf, starts at €22,990 (US$26,679) on the continent. In mainland China, the same model, known as the Seagull, starts at 69,800 yuan (US$9,726), or about 63 per cent less....

....MUCH MORE 

The ship in the photo, the Xi'an was launched in April and was empty when the picture was taken.

 (the reason it is riding so high in the water)

When the sixth ship in the fleet, the BYD Changsha, was launched in June, the party's mouthpiece, China Daily, mentioned the Xi'an was on its way  to Europe with 7000 vehicles, below the 9200 vehicle nominal capacity of the two new ships but still a lot of cars. 

 

Our most recent mention of the big boats was in June 4's With The Morning Midas Still Burning; "A Look Back at Recent Car Carrier Fires"

These things are basically parking garages that move....