Tag: fuels

  • China’s EV export boom fuels surge in demand for new car-carrying ships

    China’s EV export boom fuels surge in demand for new car-carrying ships

    BEIJING/SHANGHAI — Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world’s fourth-largest fleet by 2028. China currently has the world’s eighth-largest fleet with 33 car-carrying ships, showed data from shipping consultancy Veson Nautical. Japan has…