BYD and BBVA Establish an Alliance to Promote Sustainable Mobility

BBVA Mexico established a strategic partnership with the Chinese automaker BYD. The signing of the agreement marks the beginning of an alliance aimed at promoting sustainable mobility and the development of electric vehicles in the country.

The main objective of this collaboration is to support the growth and expansion of BYD Motors Mexico in the domestic market.

In that sense, BBVA Mexico will seek to play a key role in providing financing for customers interested in acquiring BYD‘s innovative electric and plug-in hybrid electric vehicles (PHEVs).

Read also: Nuevo León Expects Major Investments in Electromobility from Foreign Companies

Important Goals

Jorge Vallejo, CEO of BYD Motors Mexico, expressed the company’s ambition to reach 30,000 units sold by 2024.

This goal reflects confidence in the potential of the Mexican market and the growing demand for eco-friendly vehicles.

BYD, known for its unique offering of electric and plug-in hybrid vehicles, offers a wide range of models from SUVs to sedans and hatchbacks, all at competitive prices for the Mexican automotive market.

The agreement seeks to boost the automotive sector, contribute to the reduction of carbon emissions and promote a sustainable business model.

BBVA Mexico’s more than 30 million customers will benefit from highly competitive financing and down payment rates, reflecting the financial institution’s commitment to its customers and the environment.

Latam Mobility Mexico 2024

In October, “Latam Mobility: Mexico 2024” will be held at the Word Trade Center in Mexico City, at a key moment for the development and promotion of new technologies that make up the sustainable mobility environment.

In Mexican territory, Latam Mobility closes the 2024 tour, in its efforts as part of the main networking and value generation network in Latin America, Invest in Latam, which includes initiatives such as Latam Green, in the field of sustainability, and H2 Business News, linked to clean fuels.

To purchase tickets for “Latam Mobility: Mexico 2024” click here

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