China needs to ramp up Ro
A deputy to the National People's Congress (NPC) called for efforts to tackle shortage and bottleneck in China's roll-on/roll-off (Ro-RO) cargo vessel capacity so as to improve transportation conditions of the country's surging new-energy vehicle (NEV) exports.
Deputy Yan Keshi submitted a motion to the ongoing NPC session in Beijing, noting that the limited capacity of Ro-Ro vessels has emerged as a significant problem hindering the export of Chinese NEVs, which Yan said warrants urgent attention.
Rising output of NEVs is an important contributor to China's economic growth. Last year, export of NEVs rose 77.6 percent from a year earlier, standing at 1.203 million units, which accounted for almost one-third of the global market share, Yan wrote in his motion.
But, China is experiencing a pronounced supply-demand imbalance in ocean transportation capacity, especially in the shipment of NEVs. The higher weight of all-electric NEVs, about 15-25 percent weightier than ordinary petrol or hybrid vehicles, has exacerbated the shortage of Ro-Ro vessels in China, Yan said.
Yan put forward measures of facilitating long-lasting cooperation among ship manufacturers, ports and other stakeholders, in order to ramp up sustainable Ro-Ro vessels manufacturing and optimizing the hardware and software support for exporting NEVs.
The Government Work Report released on Tuesday highlighted China's automobile industry, showcasing the remarkable performance of Chinese NEV manufacturing and marketing in 2023. Domestic auto brands have now exceeded joint ventures in passenger car sales, solidifying the NEV sector as a cornerstone of China's growing manufacturing strength. Amid this backdrop, how to shore up ocean shipping capacity of Chinese-made NEVs has drawn rising attention.
In a related development, Da Fei Monaco, a new generation of dual-fuel-powered Ro-Ro vessel, successfully completed its first voyage from Yantai Port, East China's Shandong Province, carrying 4,631 vehicles bound for the US, on March 5.
In January, BYD's "Explorer NO 1" and SAIC Motor Cor's inaugural transoceanic Ro-Ro vessels also embarked on their maiden voyage from Chinese ports.
Chery Automobile Group, in collaboration with its shipyard in Wuhu, East China's Anhui Province, has established a NEV transport vessel manufacturing base in Weihai city, Shandong Province. Three large vessels with a capacity of 7,000 cars each have been ordered, according to the Securities Daily.
