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Date

20 November 2025

Our Ref

AVC/GR/2025-11

From

AUTOVERCE LTD — Waleed Ahmad Ashraf

Subject

Letter of Gratitude

IAC BYD  / E-Motion Auto Sp. z o.o.

Official Representative Office in Europe

 

Dear Colleagues,

On behalf of AUTOVERCE LTD and myself, I would like to express my sincere gratitude for your professional assistance in building our vehicle fleet for our branch in Lithuania and subsequent resale.

We are especially grateful that all vehicles—both new and used—were delivered strictly on schedule. The quality of the supplied vehicles deserves special mention: every single unit fully met the stated specifications and our expectations, which is crucial for our resale operations.

Furthermore, we highly appreciate that all customs clearance formalities were fully managed on your end. Receiving the vehicles ready for sale, without any delays or complications, significantly streamlined our processes and allowed us to focus entirely on our core business.

I would also like to commend your exceptional customer service throughout our cooperation. Your prompt responses, attention to detail, and flexibility demonstrate that you truly prioritize your clients' needs.

Thank you for being a reliable partner. We look forward to a long and fruitful cooperation.

Sincerely,

Waleed Ahmad Ashraf

Official BYD exporter · Since 2018
Driving a
sustainable future
IAC — International Automobile Company — is the strategic export partner of BYD, bridging Chinese manufacturing and the Eurasian market with uncompromising precision.
10+Dealerships
3Service centers
45Days lead time
IAC BYD dealership · Europe & CIS distribution
01 — Company
Foundation & operations
How IAC built an official bridge between BYD manufacturing and the Eurasian market.
Strategic partnership, 2018
Founded by entrepreneur Nikolay Sorokin, IAC established a collaboration with BYD Auto Co., Ltd. — one of the world's largest manufacturers of electric vehicles and batteries. From the very beginning we positioned ourselves as an official bridge between Chinese manufacturing and the European-Asian market.
IAC BYD office · official exporter status
Operational excellence
More than 10 branded dealerships across Europe and the CIS, showcasing the full BYD lineup. 3 major service centers equipped with BYD-recommended tooling, providing warranty and post-warranty maintenance.
Certificate of Conformity (COC) · EAEU compliance
02 — Network
Expanding across Europe & CIS
Dealership and service-center footprint, 2018–2024.
Dealerships & service centers
DealershipsService centers
2018
2019
2020
2021
2022
2023
2024
03 — Milestones
Key moments
A short timeline of growth and partnership development.
2018
Company foundation & BYD partnership
IAC is founded by Nikolay Sorokin; strategic collaboration with BYD Auto Co., Ltd. is established and exporter status is obtained.
2019 — 2023
Dealer and service network expansion
More than 10 branded dealerships and 3 service centers open across Europe and the CIS, equipped to BYD standards.
2026
Financial tools for partners
A dedicated revolving credit facility is launched for dealers — enabling flexible working-capital management and vehicle procurement.
04 — Who we are
Joint venture
A partnership between International Automobile Company and BYD.
IAC BYD is a joint venture between the international automotive trading company International Automobile Company, Corporate Group (湖亚夏汽车股份有限公司) and BYD, a global leader in electric vehicles. This strategic partnership was initiated by founders Wang Zhendong and Nikolay Sorokin.
International Automobile Company acts as an investment partner, offering financial transaction backing, logistics, and operational solutions.
Hong Kong certificate · corporate registration
Legal
Unified Social Credit Code
913402077300322667
Official export licence EAEU compliant
05 — Leadership
Directors
Founders and board members of the joint venture.
MS
Man Siance
孟宪策 · Director
ZX
Zhou Xiayun
周氏家族 · Director
VW
Van Way
王维 · Director
ZH
Zhou Hui
周晖 · Director
NS
Nikolay Sorokin
Founder & Director
VS
Valeriia Sorokina
Strategic Development, Europe & CIS
06 — Licensing & legal safeguards
Key advantages
What direct manufacturer status means for our partners.
An official export licence from the manufacturer, enabling direct shipments of vehicles from the BYD production line. Full compliance with the customs legislation of the EAEU member states.
07 — Governance & structure
Family-owned enterprise
Managerial continuity and collective responsibility as the cornerstone of long-term strategy.
IAC BYD is an official export partner of BYD, duly registered and operating in compliance. The company is structured as a family-owned enterprise, wherein managerial continuity and collective responsibility of its directors serve as the cornerstone of its long-term strategy and irreproachable business reputation.
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