On August 31st, local time, Hedin Electric Mobility announced that BYD Company Limited and Hedin Mobility Group have reached an agreement to transfer the distribution rights of BYD autos and spare parts in the German market to BYD. As the buyer, BYD has reached an agreement with Hedin Mobility Group as the seller. Hedin Mobility will sell its subsidiary Hedin Electric Mobility, which represents the designated dealers of BYD autos and spare parts in the German market. After the completion of the transaction, Hedin Automotive eMobility will continue to be the authorized retailer of BYD in Germany. The transaction is subject to regulatory approval and is expected to be completed in the fourth quarter of 2024.
比亚迪将收购其德国经销商Hedin
byd company limited will acquire its German dealer Hedin.
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