CA Auto Bank and BYD enter into a financial partnership in Switzerland

• The Bank, part of the Crédit Agricole Group, and BYD, the world’s leading manufacturer of new energy vehicles (NEVs), join forces to promote the brand in Switzerland, through tailored financial solutions for both the dealer network and end customers.
• The partnership covers all models in the BYD range marketed in the Swiss country, including BYD Sealion 07, BYD Seal and BYD Seal U DM-i.
• With this partnership, CA Auto Bank takes an important step forward in its strategy to democratize green mobility.

Crédit Agricole Auto Bank continues to make its mark as a major player in the realm of green mobility. The Bank, a subsidiary of CA Personal Finance & Mobility, has been selected by BYD as its new financial partner in Switzerland.

The partnership, already effective in Italy and Spain, covers all models in the BYD range marketed in the Swiss country – including BYD SEALION 7, BYD SEAL and BYD SEAL U DM-i – both through traditional financing plans and through innovative and flexible solutions. In addition, CA Auto Bank’s digital and multi-channel approach will ensure a quick and easy purchase experience for BYD customers.

“We are pleased to be opening our network in Switzerland, and we want to make our sustainable technologies and cars accessible to as many Swiss customers as possible. BYD will offer a large model range to provide an optimal customer experience. To do this, we need a strong partner at our side for attractive and tailored financing solutions. CA Auto Bank shares our passion for innovation and technology combined with sustainability. We look forward to the partnership,” says Maria Grazia Davino, Regional Managing Director at BYD.

“We are proud to collaborate closely with an innovative and successful brand like BYD as it makes its way to success in Europe,” said Giacomo Carelli, CEO of CA Auto Bank. “This agreement further enriches our expertise, thus reinforcing our commitment to supporting a company that shares our approach to sustainability and innovation. This represents a significant step toward becoming the premier Bank for sustainable mobility”.

“We are very pleased with this alliance, which we believe will be mutually beneficial”, added Federico Berra, Country Manager of CA Auto Bank Switzerland, the local branch of the Group. “Becoming BYD’s financial partner is an acknowledgement of the Bank’s ability to adapt to the most diverse customer needs. Our range of financial solutions and our flexibility will contribute to BYD’s ambitious growth plan in Switzerland”.

CA Auto Bank and BYD share a common mission to advance sustainable mobility through zero- and low-emission vehicles. Through this agreement, CA Auto Bank reaffirms its dedication to democratizing the use of electric vehicles and progressing towards its objective of becoming the trusted partner of leading brands in the mobility sector.