Ayvens extends its partnership with BYD to seven new European countries  

Ayvens today announces the extension of its partnership with BYD, a world leading manufacturer of new energy vehicles (NEV), to provide full-service leasing services to international and local corporate clients, as well as distribute BYD lease white labelled operational leasing services tailored for SME clients and private individuals in Greece, Hungary, Portugal, Finland, Ireland, Romania, and Sweden. This expansion follows the Memorandum of Understanding (MoU) signed in 2024 by the two companies, which laid the groundwork for collaboration to distribute electric passenger cars and light commercial vehicles for corporate and retail customers in Europe.

The partnership aims to leverage Ayvens' market leading expertise in full-service leasing, alongside BYD's extensive experience in electric vehicle manufacturing. Together, they will deliver mobility solutions that meet the unique needs of each market, with attractive full-service leasing solutions through the BYD dealership network.

As a leader in new energy vehicle development, BYD is committed to continuous improvement and innovation and recently expanded its range of vehicles with the launch of DENZA, a new brand dedicated to the premium segment. With BYD lease, clients will benefit from comprehensive electric vehicle fleet solutions for BYD’s full lineup of electric vehicles and services will span advisory services and operational leases, as well as end-to-end charging services.

This latest extension with BYD marks a significant milestone for both companies, bringing the number of participating European countries to eleven, following successful partnerships in Belgium, France, Luxembourg, and the Netherlands.

A pioneer in the partnership approach for full-service leasing, Ayvens now has over 100 agreements in place with 18 car manufacturers with a broad pan European coverage in 31 countries.

Executive Vice-president of BYD Stella Li said: “We’re really excited to stretch the reach of BYD lease with the extension of our partnership with Ayvens. An important element of our strategy in Europe is to partner with key specialists across the industry, and these new agreements allow us to build on what is already proving a successful offering in four markets. We are determined to make our sustainable technologies accessible to as many people as possible, and we look forward to working with Ayvens to offer attractive leasing solutions in seven additional countries.”

“We are delighted to extend our partnership with BYD into these seven new countries, further showcasing our leadership in the full-service vehicle leasing sector in Europe. This initiative fully illustrates our dedication to supporting our partners with best-in-class white label leasing services, fostering mutual growth and success”, said Tim Albertsen, Group Chief Executive Officer at Ayvens. “We are optimistic about our future together with BYD and committed to collaborating closely together to expand access to market leading electric vehicles and battery technology in the years ahead."