Ayvens and BYD have signed a Memorandum of Understanding (MoU) with BYD to maximize the delivery of BYD’s electric cars and LCVs to Ayvens’ corporate and retail customers in Europe. In February, BYD signed a similar MoU with Arval.
The MoU was signed by Tim Albertsen (pictured left), Group CEO of Ayvens, and Stella Li (right), Executive VP of BYD, at BYD’s global HQ in Shenzen, China. Here are the key points of the agreement:
- Ayvens’ international and local corporate clients in Europe will benefit from tailored solutions for the full range of BYD EVs, from advice over operational lease offers to end-to-end charging services.
- Ayvens’ SME and private customers will have access to white-label full-service leasing via the BYD dealer network. These operational leasing services are initially available only available in France and the Benelux countries. Expansion into other European markets will follow.
- Ayvens and BYD will actively explore other opportunities within retail, further developing white-label operational lease cooperation.
- Both companies will enhance collaboration via training programmes and knowledge-sharing initiatives, to forster continuous improvement around EVs and battery technology.
“Our cooperation with Ayvens reflects our mutual vision to accelerate the development of New Energy Vehicle markets in Europe. Together we offer diverse, accessible and appealing products with pioneering innovation to incentivise the advancement of eco-friendly lease fleets”, commented Wang Chuanfu, Chairman and President of BYD Company, who was present at the signing.
“BYD is clearly at the forefront in new energy vehicle development, and we are pleased to be joining forces with them to expand the availability of electric vehicles in Europe, as well as working together to further innovate around electric vehicles and battery technology,” added Tim Albertsen.
To date, BYD has sold more than 7.6 million New Energy Vehicles, making it the world’s leading manufacturer in this category. BYD Europe was asked for a reaction on its expanding relationships with major fleet suppliers in Europe.
Image: Ayvens/BYD