Industry dynamics

BYD partners with local dealer to tap Dutch NEV market

Publishtime:1970-01-01 08:00:00 Views:25

Louwman will open offline stores in several Dutch cities to provide a full range of sales and after-sales services for BYD's NEVs.

Louwman's market recognition and resources combined, will enable BYD to rapidly establish brand awareness and generate sales of our world-leading new energy passenger vehicles in the Netherlands, said Michael Shu, General Manager and Managing Director, BYD Europe and International Cooperation Division.

BYD and Louwman held a remote online signing ceremony for the partnership.

This is the latest move in the expansion of BYD's passenger vehicle business in overseas markets.

By the end of this year, BYD's all-electric passenger car business is expected to cover 45 major cities in Brazil through a partnership between BYD Brazil and local dealers, the company said on May 27.

BYD also plans to have 100 designated dealers in Brazil by the end of 2023, the company said.

BYD is the largest NEV maker in China and stopped production and sales of internal combustion engine vehicles in March.

BYD sold a record 134,036 NEVs in June, the fourth consecutive month of more than 100,000, according to data released by the company on July 3.

BYD posts record 134,036 NEV sales in June, exceeding 100,000 units for fourth consecutive month-CnEVPost