Chinese electric vehicle giant BYD is taking a bold step to secure its supply chain and reduce costs by investing in a fleet of high-tech cargo ships that can navigate the world's most treacherous waters. Dubbed "smart ships," these vessels are equipped with cutting-edge technology that enables them to outrun storms and even survive in the midst of war zones. BYD's strategic move is seen as a bid to gain an edge over its competitors in the rapidly evolving electric vehicle market, where supply chain disruptions and rising costs are major concerns. By leveraging its new maritime advantage, BYD aims to maintain its position as a leader in the global EV industry.
How BYD Gets an Edge From Ships That Brave War, Outrun Storms Bloomberg.com