Global asset finance company for equipment and technology DLL has partnered with BYD Europe to provide financing solutions for electric trucks and buses across Europe.
Under this new agreement, DLL will serve as BYD’s strategic partner as part of BYD’s broader European expansion plan, with operations launching in the Netherlands, Germany, Italy, Spain, France, Portugal, Ireland, Poland, and the United Kingdom, with financing solutions across the European region in the future.
BYD currently has more than 8,000 e-buses across Europe, across 160 cities in 26 countries, with manufacturing facilities in the region. In addition, it is launching an electric truck range in Europe, offering direct sales and dealer-based distribution.
Both firms have a commitment to a circular economy with BYD opening a European battery service centre in the UK. This dedicated battery service and repair facility will focus on e-bus batteries but has been designed for use on commercial and passenger electric vehicles.
Mike Kinka, President of DLL’s Construction, Transportation and Industrial business, said:
“This partnership with BYD represents a major step forward in our eMobility strategy.
“By becoming BYD’s preferred funder for trucks, buses, and forklift trucks, we are helping accelerate the adoption of sustainable transport solutions across Europe, pro-actively supporting the transition to reduced emissions fleets.”
Stella Li, Executive Vice President of BYD, said:
“Electric buses and trucks are a key element of BYD’s unique, multi-faceted push towards electric mobility in Europe.
“Partnering with DLL will ensure our customers have access to flexible financing options, making the shift to lower-emission fleets easier and more affordable. This collaboration reinforces our long-term commitment to supporting Europe’s green transformation, especially in the public transport and commercial vehicle sectors.”
Image courtesy of DLL/BYD
