MADRID â€“ Chinaâ€™s BYD Auto Co. Ltd. signs a deal with Spanish conglomerate Berge y Cia for the import and distribution of BYDâ€™s electric and hybrid cars.
The contract was inked by BYD President Wang Chuanfu and Berge y Cia President Jaime Gorbena.
Berge Automocion, the automotive division of Berge y Cia, has been distributing cars in Spain for 20 years. It is now considered among the top sales companies in South America, where it set up operations in 2000.
Currently, the operation markets and distributes 29 auto brands in Spain, Portugal, Poland, Chile, Argentina, Peru, and Mexico. The list of brands represented by Berge Automocion includes Ferrari, Rolls-Royce, Lamborghini, Maserati,and . The company also distributes and markets Series-N trucks from Motors Ltd. in Spain, but volumes have been small.
Berge Automocion received its first two BYD electric cars last spring, the F3DM plug-in hybrid and electric e6, both included in the electric- and hybrid-vehicle catalog distributed by the Spanish Industry, Tourism and Commerce Dept.
The agency announced earlier this year an incentive plan, dubbed MOVELE (for Mobility with Electric Vehicles), earmarking E2 million ($2.9 million) in subsidies toward the sale of qualifying hybrid and electric vehicles and installation of a recharging infrastructure.