Inchcape drives growth in Europe & Africa with second BYD contract win
Inchcape has strengthened its partnership with BYD after signing an agreement to distribute their New Energy Vehicle (NEV) passenger cars in Estonia. Inchcape will begin distributing BYD’s vehicles towards the end of the year and this latest contract win builds on our existing agreements with BYD in Belgium and Luxembourg, Singapore (BYD Commercial Vehicles) and Ethiopia.
Inchcape brings valuable local insights and market knowledge, leveraging industry-leading digital and data analytics to deliver actionable market intelligence for our brand partners. With BYD, Inchcape can now offer consumers in Estonia an even wider selection of brands and a range of NEVs at different price points, making sustainable mobility more accessible and inclusive.
This news marks an exciting period of accelerated growth and momentum for Inchcape’s Europe & Africa region, following last month’s announcement of Inchcape’s agreement with BYD in Ethiopia. The agreement illustrates Inchcape’s Accelerate+ strategy in action as we build stronger multi-brand portfolios, developing stronger OEM partnerships and playing an increasing role accelerating the mobility transition.
Yannis Rossonis, Country Manager at Inchcape Estonia said: “BYD is a global leader in the development of New Energy Vehicles. Its entry into the Estonian market demonstrates the attractiveness of Inchcape’s distribution platform and our proven track record of building market share for our OEM brand partners. We look forward to working in partnership and delivering outstanding service for customers.”