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BYD and Smart partner to make EV ownership more affordable for Australians via novated leasing.

Market News
26 Jul 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

BYD, a leading new energy vehicle manufacturer, has partnered with Smart, Australia's top salary packaging and novated leasing provider, to make electric vehicles (EVs) more accessible and affordable for Australians. This partnership allows eligible employees of Smart's clients to access BYD and DENZA EVs through novated leases, benefiting from tax savings and government discounts. With EV adoption rising sharply in Australia, this collaboration aims to simplify the purchase process and reduce barriers to EV ownership by integrating leasing support directly at the point of sale. BYD's rapid sales growth and Smart's extensive customer base make this a significant step in accelerating Australia's transition to electric vehicles.

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