DLL, a global asset finance company for equipment and technology, announced a new partnership with BYD Europe to provide financing solutions for electric trucks and buses across Europe. Under this new agreement, DLL will serve as BYD’s strategic partner as part of BYD’s broader European expansion plan, with operations launching in the Netherlands, Germany, Italy, Spain, France, Portugal, Ireland, Poland and the United Kingdom, with financing solutions set to extend across the wider European region in the future.
This collaboration reinforces DLL’s commitment to partnering for a better world, a journey which requires partnerships and innovation to create lasting, positive change.
“This partnership with BYD represents a major step forward in our eMobility strategy,” said Mike Kinka, president of DLL’s Construction, Transportation and Industrial business. “By becoming BYD’s strategic partner for trucks, buses, and forklift trucks, we are helping accelerate the adoption of sustainable transport solutions across Europe, pro-actively supporting the transition to reduced emissions fleets.”
BYD is recognized worldwide as a leading player in electric mobility. In Europe, BYD is already a market leader in electric buses, with manufacturing facilities established within the European. More than 8,000 BYD e-buses are in operation or on order across over 160 cities in 26 countries. The company is now launching its electric truck range in Europe, offering both direct sales and dealer-based distribution.
BYD and DLL have a strong commitment to a circular economy, with a focus on sustainability practices and eMobility. BYD opened its first dedicated European battery service center in the UK. This state-of-the-art facility will initially focus on electric bus batteries but is designed to serve both commercial and passenger electric vehicles. The center is a dedicated battery service and repair facility and will initially focus on electric bus batteries, with the company having a significant number of buses operating in the UK.
“Electric buses and trucks are a key element of BYD’s unique, multi-faceted push towards electric mobility in Europe,” said Stella Li, executive vice president of BYD. “Partnering with DLL will ensure our customers have access to flexible financing options, making the shift to lower-emission fleets easier and more affordable. This collaboration reinforces our long-term commitment to supporting Europe’s green transformation, especially in the public transport and commercial vehicle sectors.”
DLL has already financed BYD buses and trucks in the past year and will now provide a full suite of financing solutions — including operational leases, financial leases, and loans — to support BYD’s commercial vehicle customers.
