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This move provides BYD with a strategic advantage, especially considering recent incidents where shipping companies have refused to transport electric vehicles (EVs) due to safety concerns, such as fires onboard some ships. BYD’s in-house fleet allows them to sidestep such restrictions, reducing logistical bottlenecks and potential delays that can hamper export plans.
Vertical Integration and Manufacturing Diversification
BYD's vertical integration strategy is well-known — they produce their own batteries, electric motors, and many key components. Their approach extends beyond manufacturing into their logistics and shipping operations. Building their own fleet complements their integrated supply chain, giving them greater control over quality, costs, and delivery times.