Car Rental Company SIXT to buy Around 100,000 EVs From BYD

German car hire group SIXT has announced plans to purchase around 100,000 electric vehicles from BYD, the world’s largest manufacturer of New Energy Vehicles (including BEVs and PHEVs). In an initial step, SIXT has ordered several thousand of pure-electric vehicles from BYD, the first of which will be available for SIXT customers in Europe in Q4 2022.

Starting for customers in Germany, France, the Netherlands, and the UK, SIXT will be the first car rental company in Europe to offer BYD's vehicles.

The first model to be provided by BYD will be the fully electric, European styled BYD ATTO 3, an expressive electric C-segment SUV. 

In addition, BYD and SIXT will explore potential co-operation opportunities in different regions around the world.

The SIXT fleet in Europe will be 70 to 90 percent electrified by 2030, covering a wide range of manufacturers and models.

It is also establishing its own charging infrastructure, will expand the SIXT App and the underlying ONE mobility platform to a single sign-on for hundreds of thousands of public charging points and will switch its stations and branches to CO₂ neutrality by the end of 2023 already.

BYD is a Warren Buffet-backed company, and is listed both on the Hong Kong and Shenzhen Stock Exchanges.

Vinzenz Pflanz, Chief Business Officer, Sixt SE, says: “SIXT offers easy-to-use, flexible, and limitless mobility to its customers every day. With over one million units produced from January to August 2022, BYD is the world’s largest vehicle manufacturer in the area of eMobility. The agreement with BYD is an important milestone to deliver on our promise of putting significantly more e-cars onto the street. We are very much looking forward to our cooperation with BYD.”

Michael Shu, General Manager and Managing Director, BYD Europe and International Cooperation Division, adds: “Cooperations are a core part of the BYD business strategy. We are delighted to start our cooperation with SIXT, the car rental company with the world’s fastest-growing brand value, and a very important key partner to BYD as we take our first steps into the rental market. Our shared vision allows us to build our green dreams together, initially starting in Europe. We aim to inspire SIXT customers   with our latest products and innovations in EV technology. These are exciting times for BYD, as our market leading solutions provide greater access, and more options for electric mobility. We look forward to a long and flourishing partnership with SIXT.”

With its registered office in Pullach near Munich, Sixt SE is a leading international provider of high-quality mobility services.