Ayvens and BYD celebrating their agreement in Luxembourg;
Credit: Ayvens
Ayvens, a leading global sustainable mobility player, has announced that it recently signed a memorandum of understanding (MoU) with BYD, a world leading manufacturer of new energy vehicles (NEV).
The MoU aims to maximise and enhance a business relationship to support the distribution of electric passenger cars and light commercial vehicles for corporate and retail customers in Europe.
In Luxembourg, Ayvens will offer full white label rental services to SMEs and individuals through the BYD Luxembourg dealer network.
Tim Albertsen, Group CEO of Ayvens, and Stella Li, Executive Vice President of BYD, signed the MoU during a ceremony at BYD's global headquarters in Shenzhen, China, in the presence of Wang Chuanfu, Chairman and President of BYD Company, and other representatives from both companies.
"With BYD, we share a common commitment to promoting low carbon transportation for a more sustainable world. 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," commented Tim Albertsen, Group CEO of Ayvens.
"Innovation and collaboration are key drivers in progressing the global transition to new energy vehicles. Our cooperation with Ayvens reflects our mutual vision to accelerate the development of NEV markets in Europe. Together we offer diverse, accessible and appealing products with pioneering innovation to incentivise the advancement of eco-friendly lease fleets," added Wang Chuanfu, Chairman and President of BYD Company.
Through this agreement, Ayvens' international and local corporate clients in Europe can access tailored electric vehicle fleet solutions, from advisory services and operational leases to end-to-end charging services, for BYD's full range of electric vehicles. In the first year of the MoU, Ayvens in collaboration with BYD, anticipates supporting more than 30 European enterprises in evolving their electric fleets.
Ayvens will also provide white labelled full-service leasing services to SMEs and private individuals through BYD's dealer network. Operational leasing services are initially available in France, the Netherlands, Belgium and Luxembourg and further expansion is envisaged in additional European markets. Ayvens and BYD said they would actively explore more opportunities within retail, further developing white label operational lease cooperations, to nurture the transition to electric mobility within Europe.
The MoU is also expected to allow the two companies to enhance collaboration through training programmes and knowledge-sharing initiatives to foster a culture of continuous improvement and innovation around new energy vehicles and battery technology.
