Inchcape signs distribution agreement for BYD Commercial in Singapore
Inchcape, the leading global automotive distributor, has agreed a distribution partnership between Inchcape and BYD Singapore. Under the terms of this partnership, Inchcape will now be the distributor for BYD commercial vehicles in Singapore including the company’s T9R model.
This distribution agreement, exclusive to Singapore, marks the commencement of a partnership with BYD Singapore and strengthens Inchcape’s commitment to providing high-quality commercial vehicles. This also and creates a strong foundation for potential future collaborations between Inchcape and BYD.
This deal reinforces Inchcape’s position as a leader in the dynamic APAC market and as a partner of choice for Chinese mobility companies.
This strategic partnership with BYD Singapore is also crucial step in our wider commitment to the electrification transition. By introducing the BYD T9R, Inchcape will further expand its electrified vehicle offering and help contribute to Singapore’s Green Plan 2030.
Ruslan Kinebas, Inchcape’s APAC CEO, commented:
“We are delighted that more APAC-based OEMs like BYD are choosing to partner with Inchcape across new markets, recognising our industry-leading digital and data capabilities and the market insight of our talented team. This has been a remarkable year for deal-related activity, encompassing both acquisitions and distribution agreements with seven completed across APAC to date.”