BYD to Buy Its German Distributor Hedin Electric
BYD to Buy Its German Distributor Hedin Electric
The transaction also includes the transfer of two pioneering stores operated by Hedin Mobility's German retail division in Stuttgart and Frankfurt.Hedin Electric's parent company will transfer its distribution activities of BYD vehicles and spare parts in the German market to BYD in a deal expected to close in the fourth quarter of 2024.
Hedin Electric的母公司将在2024年第四季度将其在德国市场的比亚迪汽车和零部件分销业务转移给比亚迪。
BYD (HKG: 1211, OTCMKTS: BYDDY) will buy its German distributor, Hedin Electric Mobility, as the Chinese new energy vehicle (NEV) maker steps up its bet on the European market.
中国新能源汽车制造商比亚迪（HKG：1211，OTCMKTS：BYDDY）将收购其德国经销商Hedin Electric Mobility，以加大对欧洲市场的押注。
Hedin Electric's parent company, Swedish dealership chain Hedin Mobility Group, announced on August 30 that it has entered into an agreement with BYD Automotive GmbH to transfer its BYD vehicle and parts distribution business for the German market to it.
Hedin Electric的母公司、瑞典经销商连锁机构Hedin Mobility Group于8月30日宣布，已与比亚迪汽车有限责任公司达成协议，将其在德国市场的比亚迪汽车和零部件分销业务转移给比亚迪汽车有限责任公司。
The transaction also includes the transfer of two pioneering stores operated by Hedin Mobility's German retail division in Stuttgart and Frankfurt.
该交易还包括由Hedin Mobility德国零售部门经营的两家开创性店铺的转移，分别位于斯图加特和法兰克福。
The transaction is subject to regulatory approval and is expected to close in the fourth quarter of 2024.
该交易需获得监管部门批准，预计将于2024年第四季度完成。
Upon completion of the transaction, Hedin Automotive eMobility GmbH will remain an authorized BYD retailer in Germany with three points of sale in Mannheim, Kaiserslautern and Saarbrücken.
交易完成后，Hedin Automotive eMobility GmbH将继续是在德国的比亚迪授权零售商，拥有曼海姆、卡伊泽斯劳滕和萨尔布吕肯三个销售点。
Hedin Mobility will also continue to serve as a dealer and retailer in the Swedish market as part of its long-term partnership with BYD, according to the statement.
根据声明，Hedin Mobility还将继续作为比亚迪在瑞典市场的经销商和零售商，这是双方长期合作的一部分。
"Over the past two years, we have worked with BYD to develop the German market. The foundation is now in place to scale up volumes, and we look forward to continuing this journey in Germany together with BYD as a dealer," said Anders Hedin, CEO and founder of Hedin Mobility.
“过去两年，我们与比亚迪合作开拓德国市场。我们现在已经奠定了基础，可以扩大规模，我们期待与比亚迪作为经销商继续在德国的旅程，” Hedin Mobility的首席执行官兼创始人Anders Hedin表示。
Hedin Electric has served as BYD's general importer in Germany since 2022 and supplies vehicles and parts to about 30 BYD dealerships in the country.
Hedin Electric自2022年起一直是比亚迪在德国的总进口商，并向该国约30家比亚迪经销商提供汽车和零部件。
By acquiring the business, BYD will be able to sell cars directly to dealers, giving it more leeway in the German market.
通过收购该业务，比亚迪将能够直接向经销商销售汽车，在德国市场上获得更大的自由空间。
BYD announced on August 1, 2022, that it has partnered with Hedin Mobility to begin offering NEVs for the Swedish and German markets.
比亚迪于2022年8月1日宣布与Hedin Mobility合作，开始为瑞典和德国市场提供新能源汽车。
The acquisition of Hedin Electric is BYD's second move in the past two months to expand its voice over dealers.
比亚迪收购Hedin Electric是过去两个月里扩大经销商网络的第二个举措。
On July 6, BYD signed an agreement to acquire a 20 percent stake in Thai distributor Rever Automotive.
7月6日，比亚迪签署了一份协议，收购了泰国经销商Rever Automotive的20％股权。
BYD acquires 20% stake in Thai dealer Rever Automotive
比亚迪收购泰国经销商Rever Automotive的20％股权。
