Yuanhai Automobile Shipping and PWL sign contract to enter European PCTC market

On May 17, Guangzhou Yuanhai Automobile Shipping signed an overseas strategic cooperation agreement with PWL Shipping GmbH&Co.KG (PWL), marking the official entry of Yuanhai Automobile Shipping into the European PCTC market together with professional partners.

[Photo: Guangzhou Yuanhai Automobile Shipping]

 
Both parties will be committed to cooperating in the development of the PCTC business market in the European region. This cooperation is also an important step in the implementation of the globalization strategy by Yuanhai Automobile Shipping.
 
According to data from China Association of Automobile Manufacturers, China's automobile exports reached 1.37 million units from January to April this year, a year-on-year increase of 89.2%. Among them, the export volume of new energy vehicles reached 348,000, a year-on-year increase of 1.7 times.
 
Europe is an important market for China's new energy vehicle exports. With the continuous growth of customer demand for this route's services, Yuanhai Automobile Shipping has actively adjusted its capacity configuration in the face of capacity shortages. Since its establishment in August last year, the company has completed two European route missions, transporting a total of 6765 various types of vehicles, including new energy vehicles.
 
By Xinde Marine News Sarah Yu

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