"The agreement, announced on February 16th, positions DLL, a global asset finance company specializing in equipment and technology, as BYD's strategic financing partner in Europe, supporting the manufacturer's ongoing commercial vehicle expansion. Operations under the partnership will initially cover the Netherlands, Germany, Italy, Spain, France, Portugal, Ireland, Poland and the United Kingdom, with financing solutions set to extend across additional European markets at a later stage. BYD reports more than 8,000 electric buses either in operation or on order across over 160 cities in 26 European countries."
"Under the terms of the agreement, DLL will act as BYD's preferred funder for electric trucks, buses and forklift trucks in the region. The company will provide a full suite of financing instruments, including operational leases, financial leases and loans, targeting commercial vehicle customers adopting BYD battery-electric models. DLL has already financed BYD buses and trucks over the past year, the company stresses. The new framework formalizes and expands this cooperation across a defined group of European countries, aligning with BYD's broader regional growth strategy for zero-emission commercial vehicles."
"The partnership applies to both direct sales and dealer-based distribution channels, as BYD introduces its electric truck range in Europe alongside its established electric bus portfolio. In the United Kingdom, BYD has opened its first dedicated European battery service center. The facility is designed as a battery service and repair site and will initially focus on electric bus batteries, with the capacity to serve both commercial and passenger electric vehicles. The UK market hosts a significant number of BYD buses currently in operatio"
DLL and BYD Europe have entered a partnership making DLL BYD's strategic financing partner across multiple European markets, announced on February 16th. Initial operations will cover the Netherlands, Germany, Italy, Spain, France, Portugal, Ireland, Poland and the United Kingdom, with plans to expand further. DLL will act as the preferred funder for BYD electric trucks, buses and forklift trucks, offering operational leases, financial leases and loans for commercial customers adopting BYD battery-electric models. DLL has previously financed BYD vehicles and the new framework formalizes and broadens that cooperation. BYD reports over 8,000 electric buses in operation or on order across 26 European countries, and the company has opened a UK battery service center focused on electric bus batteries with capacity to serve commercial and passenger electric vehicles.
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