· Expansion means deal now includes 11 European markets

· Fleet solutions for corporate clients, SME and private individuals

· Full-service leasing to be delivered through BYD dealer network

BYD, the world’s leading manufacturer of new-energy vehicles, is extending its existing partnership with leasing specialist Ayvens to include an additional seven countries in Europe.

The expansion of the partnership, under which Ayvens supplies tailored vehicle fleet solutions to its international and local corporate clients, as well as white-labelled operational leasing services tailored for SMEs (small to medium-sized enterprises) and private individuals, covers Greece, Hungary, Portugal, Finland, Ireland, Romania and Sweden.

The new agreements follows the Memorandum of Understanding (MoU) signed in 2024 by the two companies, and it takes the number of participating European markets for the BYD lease arrangement to 11, building on successful partnerships in Belgium, France, Luxembourg and the Netherlands. BYD and Ayvens will deliver mobility solutions that meet the specific needs of each market, with attractive full-service leasing propositions through BYD’s dealership network.

The partnership aims to leverage the two companies’ respective strengths, harnessing BYD’s world-leading cutting-edge technologies in new-energy vehicles (DM plug-in hybrids and pure-electric models) and Ayvens’ expertise in full-service leasing. With BYD lease, clients benefit from fleet solutions for BYD’s full line-up, backed up by advisory services and end-to-end charging solutions.

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.”

Tim Albertsen, Group Chief Executive Officer at Ayvens, said: “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. 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.”

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About BYD

BYD is a multinational high-tech company devoted to leveraging technological innovations for a better life. Founded in 1994 as a rechargeable battery maker, BYD now boasts a diverse business scope covering automobiles, rail transit, new energy, and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. From power acquisition and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 100 countries and regions, and more than 400 cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world. For more information, please visit www.bydglobal.com.

About Ayvens

Ayvens is a leading global sustainable mobility player committed to making life flow better. We’ve been improving mobility for decades, providing full-service leasing, flexible subscription services, fleet management and multi-mobility solutions to large international corporates, SMEs, professionals, and private individuals. With more than 14,500 employees across 42 countries, 3.3 million vehicles and the world’s largest multi-brand EV fleet, we are in a unique position to lead the way to net zero and spearhead the digital transformation of the mobility sector. The company is listed on Compartment A of Euronext Paris (ISIN: FR0013258662; Ticker: AYV). Societe Generale Group is Ayvens majority shareholder. Find out more at ayvens.com

Contact:

Europe: Penny Peng, PressEU@byd.com tel: +31-102070888