The Obtain: transport China’s EVs, and new greener magnets


Earlier this month, an enormous ship picked up over 5,000 electrical vehicles from two ports in northern and southern China. 5 days later, it handed via Singapore, and it’s now headed for India. Nevertheless, its ultimate vacation spot is in Europe, the place many of the vehicles might be bought. 

The ship’s title is BYD Explorer No.1. As the primary of an enormous fleet that BYD is constructing, it displays the Chinese language firm’s ambition to ascertain a seafaring enterprise that helps its new function within the world automotive commerce.

There’s rising urge for food for BYD’s vehicles abroad. In 2023, BYD exported over 240,000 automobiles, up from 55,000 in 2022. Nevertheless it’s run right into a snag: to get probably the most monetary profit from its exploding reputation overseas, it’s having to increase past the automotive commerce into the transport enterprise. Learn the complete story.

—Zeyi Yang

To learn extra about BYD’s transport ambitions, try the newest version of China Report, our weekly e-newsletter providing you with the within monitor on all issues occurring in China. Join to obtain it in your inbox each Tuesday.

How new magnets may speed up local weather motion

The motor in your vacuum cleaner and the one in your electrical car doubtless have at the least one factor in widespread: they each depend on highly effective everlasting magnets to operate. However the supplies for these magnets may quickly be briefly provide. 


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