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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 company said in a statement Wednesday, after posting 1.6% first-half revenue growth.
Pendragon did not give details of the timing of the BYD launch or the number of sites it would operate, but it’s believed the Chinese brand is expected to arrive in the UK next year.