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Thousands Of Chinese Cars Sank With This Ship And The Bill Keeps Climbing

Summary by Carscoops
The Morning Midas was carrying 3,159 vehicles with hundreds of hybrids and up to 70 EVs. Anderson Economic Group expects the cost to be slightly lower than that of the Felicity Ace. All of the vehicles on the ship were from Chinese car brands, including GWM and Chery. Another cargo ship has gone under, and it’s taking hundreds of millions of dollars with it. The Morning Midas, a massive vessel hauling vehicles from China to Mexico, sank off the …
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Carscoops broke the news in on Monday, June 30, 2025.
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