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BYD signs deal with French car rental company Ayvens to expand presence in Europe

BYD has signed a memorandum of understanding with Ayvens to distribute electric passenger cars and light commercial vehicles for European customers。

BYD has signed a memorandum of understanding with Ayvens to distribute electric passenger cars and light commercial vehicles for European customers。

(BYD Song L exhibited at the Shanghai New Energy Auto Show in early June 2024.。Photo by: CnEVPost

BYD (HKG: 1211, OTCMKTS: BYDDY) has signed a new overseas agreement to expand its presence in the European market.。

French car rental company Ayvens announced today that it has signed a memorandum of understanding with Chinese new energy vehicle manufacturer BYD's global headquarters in Shenzhen to support the distribution of electric passenger vehicles and light commercial vehicles. Corporate and retail customers in Europe。

Ivins International and LO said in a statement that California corporate customers in Europe will benefit from BYD's full range of electric vehicle fleet solutions, from consulting services and operating leases to end-to-end charging services.。

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Ivins will also provide rental services to SMEs and individuals through BYD's dealer network.。

Operating rental services were first offered in France, the Netherlands, Belgium and Luxembourg, with further expansion to other European markets expected。

(French car rental company Ayvens signed a memorandum of understanding with BYD to support the distribution of electric passenger cars and light commercial vehicles to commercial vehicles for European companies and retail customers。Photo credit: Ivins)

The French company said that Ivins and BYD will explore more opportunities in the retail sector and further develop the white label operating lease partnership to facilitate Europe's transition to electric vehicles.。

"Innovation and collaboration are key drivers driving the global transition to new energy vehicles."。Our partnership with Ayvens reflects our shared vision to accelerate the development of the European NEV market。"BYD Chairman and President Wang Chuanfu said。

Despite the threat of additional tariffs in Europe, this is BYD's latest move to expand its overseas operations。

In France, BYD took part in a local auto show about two years ago, but has made no further moves since.。

On October 17, 2022, BYD unveiled its Atto 3, Tang and Han pure electric passenger cars at the Paris Motor Show.。

BYD's strategy The company said at the time that it aimed to work with well-known local dealers who shared the company's customer service vision.。

According to CnEVPost, BYD sold 1,612,983 new energy vehicles in the first half of 2024, up 28.46%。

Overseas sales in the first half of the year were 203,404 units, up 173 from a year earlier..80%。

<p><img src="https://hawk-oss.hawkinsight.com//picture//202407/213168051_884.jpg" style="width: 100%;">BYD has signed a memorandum of understanding with Ayvens to distribute electric passenger cars and light commercial vehicles for European customers。(BYD Song L exhibited at the Shanghai New Energy Auto Show in early June 2024.。Credit: CnEVPost) BYD (HKG: 1211, OTCMKTS: BYDDY) has signed a new overseas agreement to expand its presence in the European market。French car rental company Ayvens announced today that it has signed a memorandum of understanding with Chinese new energy vehicle manufacturer BYD's global headquarters in Shenzhen to support the distribution of electric passenger vehicles and light commercial vehicles. Corporate and retail customers in Europe。Ivins International and LO said in a statement that California corporate customers in Europe will benefit from BYD's full range of electric vehicle fleet solutions, from consulting services and operating leases to end-to-end charging services.。|Join us at Telegram for immediate news Ivins will also offer rental services to SMEs and individuals through BYD's dealer network。Operating rental services were first offered in France, the Netherlands, Belgium and Luxembourg, with further expansion to other European markets expected。(French car rental company Ayvens signed a memorandum of understanding with BYD to support the distribution of electric passenger cars and light commercial vehicles to commercial vehicles for European companies and retail customers。The French company said that Ivins and BYD will explore more opportunities in the retail sector and further develop the white label operating lease partnership to promote Europe's transition to electric vehicles。"Innovation and collaboration are key drivers driving the global transition to new energy vehicles."。Our partnership with Ayvens reflects our shared vision to accelerate the development of the European NEV market。"BYD Chairman and President Wang Chuanfu said。Despite the threat of additional tariffs in Europe, this is BYD's latest move to expand its overseas operations。In France, BYD took part in a local auto show about two years ago, but has made no further moves since.。On October 17, 2022, BYD unveiled its Atto 3, Tang and Han pure electric passenger cars at the Paris Motor Show.。BYD's strategy The company said at the time that it aimed to work with well-known local dealers who shared the company's customer service vision.。According to CnEVPost, BYD sold 1,612,983 new energy vehicles in the first half of 2024, up 28.46%。Overseas sales in the first half of the year were 203,404 units, up 173 from a year earlier..80%。</p>

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