BYD UK and Arval UK have partnered to launch BYD Lease, providing UK customers with vehicle leasing expertise.
All four BYD models are now available via BYD Lease, with the SEALION 7 arriving soon.
Steve Beattie, sales & marketing Director, BYD UK, said: “The introduction of BYD Lease is a big step for our growth in the UK.
“As one of the top leasing companies in the UK, we’re very happy to be partnering with Arval to make it even easier for our customers to choose BYD. 2024 was a really successful year for BYD, with the launch of first plug-in hybrid and hitting our 10,000th sale – in less than two years.”
BYD officially launched in the UK in March 2023 with the Atto 3 and increased its volume by 658% to over 8,700 cars in 2024 – making it the UK’s fastest growing car brand.
The company has grown from 14 retail sites to 60 retailers across the UK, with plans to add more sites this year.
Eliott Woodhead, retail director, Arval UK, said: “We are delighted to work with BYD and their franchise partners, to help them promote and sell their innovative range of Electric and Plug in Hybrid vehicles.
“BYD’s ambitious volume aspirations complements our own plans for growth in the UK leasing sector and strengthens the existing relationship between BYD and the wider BNP Paribas Group.”
