CA Auto Bank and BYD Intensify Financial Partnership in Germany
CA Auto Bank is solidifying its position as one of the leading financial service providers for sustainable mobility in Germany.
- The bank, part of the Crédit Agricole Group, and BYD, the world’s leading manufacturer of New Energy Vehicles (NEVs), are expanding their cooperation in Germany.
- The partnership will now also include wholesale financing for new and inventory vehicles, in addition to the existing financing, leasing, and insurance offers.
- Both partners thus underline their commitment to sustainable mobility and the support of BYD’s growing dealership network in Germany.
CA Auto Bank is solidifying its position as one of the leading financial service providers for sustainable mobility in Germany. The bank, a subsidiary of Crédit Agricole Personal Finance & Mobility, is already collaborating with the automobile manufacturer BYD and is now further expanding this partnership. In addition to Germany, this collaboration is already active in Italy, France, Spain, and Switzerland.
The cooperation will now also include wholesale financing, in addition to the existing financing, leasing, and insurance products, enabling flexible growth for BYD’s retail partners.
This specifically supports the dealership network in Germany in expanding electric mobility.
This new agreement, which has already been successfully implemented in Italy, Spain and Switzerland, now also applies in Germany. It covers BYD’s entire model range – from compact vehicles like the BYD Dolphin to premium models like the BYD Seal – and offers both traditional financing solutions via BYD Stores and innovative, digital options for end customers. Thanks to CA Auto Bank‘s multi-channel approach, a modern, seamless purchasing experience is created.
Partner Statements
Lars Bialkowski, Country Manager for BYD Germany, says: “Germany is one of the key markets for our expansion in Europe. With CA Auto Bank by our side, we can offer our retail partners attractive, customized financing solutions. This creates the basis for making our innovative electric vehicles accessible to a wider customer group even faster and further advancing the transformation to e-mobility in Germany.”
“We are proud to deepen our successful collaboration with BYD, the world market leader in New Energy Vehicles, in Germany,” adds Jakob Böhme, Country Manager of CA Auto Bank Germany. “With expanded offers – especially in the area of wholesale financing – we are making an important contribution to the expansion of sustainable mobility and supporting BYD’s ambitious growth targets.”