BYD, a leading Chinese manufacturer of new energy vehicles, announced on September 28 that it has entered into a cooperation with Bustami & Saheb Trading Company (BSTC), Jordan’s leading car dealership group. This decision confirms that BYD’s NEVs will soon be introduced in the Jordanian market.
BYD held an online signing ceremony with Mobility Solutions Auto Trade Co. (MSTC), a BSTC Group NEV sales company, and the events were synchronized between BYD’s global headquarters in Shenzhen and the group’s headquarters. BSTC in Amman.
BSTC Group has a history of more than 50 years in the automotive industry and, in cooperation with BYD, strives to become the leading supplier of advanced electric vehicle products in Jordan to meet local technological transformation needs.
Rami Al-Saheb, Chairman of the Board of BSTC, said, “The cost of fuel in Jordan is high, currently ranking fourth in the world. There is a huge demand for new energy vehicles. The government has also enacted relevant favorable laws and regulations to promote the rapid development of new energy vehicles in the local automobile market. As a leader in new energy vehicles, BYD has greatly promoted the development of new energy vehicle technology. With BYD’s trust, together we will open a new chapter for Jordan’s new energy vehicles.
AD Huang, General Manager of BYD’s Automotive Sales Division in the Middle East and Africa, said, “BYD is very happy to cooperate with MSTC. We will join together to launch a number of new energy vehicles in Jordan. »
After 27 years of development, BYD has fully mastered the core technologies of the automotive industrial chain, including batteries, motors, electronic control and car gauge chips. As a result, it has become a company that provides one-stop solutions for new energy resources.
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Its overseas presence is also constantly increasing. On July 21, BYD announced its entry into the Japanese passenger car market by unveiling three models: Yuan PLUS, Dolphin and Seal. In early August, the company announced that it would enter the German and Swedish markets, with the first batch of cars expected to be delivered in the fourth quarter. It also previously announced that it will enter the Danish market this year and its first offline store will open in Copenhagen in the fourth quarter.
So far, BYD’s new energy vehicles have been sold to more than 70 countries and regions around the world, in more than 400 cities. In the first half of 2022, BYD’s NEV sales topped 640,000 units, representing a 315% year-over-year increase. BYD maintains a leading position in China’s new energy vehicle market and recently overtook Tesla to become the global leader in NEV sales.