Hedin Mobility Group and BYD complete the sale and purchase of German distribution network

Following regulatory approval of the transaction, BYD Automotive GmbH, as the purchaser, and Hedin Mobility Group, as the seller, have completed the transfer of the subsidiary Hedin Electric Mobility GmbH, the appointed Dealer+ of BYD vehicles and spare parts in the German market. This transaction also includes two pioneer stores in Stuttgart and Frankfurt, previously managed by Hedin Mobility Group’s German retail division, which BYD will now operate to set benchmarks and establish model examples for customer experience and service standards.

Hedin Automotive will remain an authorized retailer of BYD in Germany with three sales points in Mannheim, Kaiserslautern, and Saarbrücken. Hedin Mobility Group will also continue as Dealer+ and retailer in the Swedish market as part of its long term partnership with BYD.