BYD Buys Car Distributor in Germany, fueling Push in Europe
Teslarati
AUGUST 31, 2024
BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany. Purchasing Hedin Electric Mobility will likely strengthen BYD’s position in the European market. According to Reuters , BYD’s purchase deal with Hedin is subject to approval but is expected to close by the fourth quarter of this year.
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