Car Dealer Pendragon in Talks to Bring Chinese EVs to Britain

(Bloomberg) — British auto dealer Pendragon Plc is in advanced discussions with BYD Co. to be its UK launch partner as China’s biggest electric-vehicle maker enters the market later this year.
The move is part of Pendragon’s broader efforts to boost its new car franchise business, the London-based company said in a statement Wednesday, after posting 1.6% first-half revenue growth.
- PODCAST
- MOST POPULAR