BYD expands European distribution network

BYD expands European distribution network

Automotive News Europe — 2022-08-18

Automotive Industry

BYD, a leading Chinese EV maker, has selected Danish dealer Nic. Christiansen Group to distribute its electric passenger vehicles in Denmark. 

Nic. Christiansen Group will open the first BYD store in Copenhagen this autumn, the automaker said this week.

Established in 1967, Nic. Christiansen Group distributes imported cars for Hyundai, Honda, Land Rover and Jaguar in Denmark, Norway, Sweden, Finland and Baltic countries.

It is the third European car dealer BYD has signed up this year, following Swedish dealer Hedin Mobility Group and Dutch car dealer Louwman Group.

In March, BYD stopped making internal-combustion cars to focus on producing EVs.

In July, the Chinese company, partly owned by US billionaire Warren Buffett, delivered 162,214 full electric and plug-in hybrid passenger vehicles globally, surging 224% from a year earlier.

For the first seven months, its sales of electric passenger vehicles amounted to 800,371, quadrupling the volume for the same period last year.