BYD Australia has announced a new partnership with salary packaging and novated leasing provider Smart, aimed at making electric vehicle ownership more accessible and affordable for Australians.
The agreement will see Smart become a strategic partner to BYD and its premium brand, DENZA, giving eligible customers access to novated leasing information and salary packaging support during the vehicle purchasing process.
The move comes as electric vehicle adoption continues to grow in Australia. According to VFACTS data, battery electric vehicles accounted for 23 per cent of the new vehicle market in June 2026.
Read more: BYD Australia partners with Smart to make EV ownership more affordable
BYD buyers to gain access to novated leasing support
Under the partnership, customers purchasing a BYD or DENZA vehicle will be able to explore novated leasing options at the point of sale, helping them better understand potential tax savings, ownership costs and affordability before making a purchase decision.
Smart’s employer network reaches more than 2.5 million Australians across sectors including government, healthcare, education, corporate and not-for-profit organisations. The company also supports more than 580,000 salary packaging customers and manages more than 120,000 novated lease and fleet vehicles nationwide.
For eligible buyers, the arrangement could provide access to government-backed EV tax benefits through the Electric Car Discount, potentially reducing the overall cost of ownership.
BYD Australia General Manager Wing You said the partnership aligns with the brand’s goal of making new energy vehicles more accessible.
“As BYD continues to grow in Australia, we are focused on making new energy vehicle ownership as simple and accessible as possible for our customers.
“Partnering with Smart allows us to integrate novated leasing support into the dealership experience, helping customers understand affordability, savings and ownership options at the point of sale.”
Read more: BYD Australia: NEVs can ease cost-of-living pressures
BYD’s Australian growth continues
The announcement follows a period of strong growth for BYD in Australia. The brand recorded 52,335 sales in the first six months of 2026, more than double its result from the same period last year.
The company has rapidly expanded its presence in Australia, with models such as the Dolphin, Atto 3, Seal, Sealion 6, Sealion 7 and Shark 6 helping drive demand across multiple segments.
With EV adoption continuing to rise, BYD is looking to make ownership easier for more Australians by integrating financing and salary packaging support into the buying journey.
Read more: BYD Dolphin G DM-i revealed ahead of Europe launch
Smart targets barriers to EV adoption
Smart Group Executive of Novated Leasing and Electric Vehicle Services Sid Jha said the partnership could help remove barriers for Australians considering the switch to electric vehicles.
“This partnership brings together two market leaders with a shared ambition to accelerate Australia’s transition to electric vehicles.
“BYD has transformed the Australian market by making EVs more accessible, and Smart can now help remove another major barrier by integrating novated leasing into the customer journey.”
Jha added that integrating salary packaging into the purchasing process gives customers a clearer understanding of costs and ownership options before committing to a vehicle.
As competition in Australia’s EV market intensifies, the partnership is expected to strengthen BYD’s position by making its vehicles easier to access through salary packaging and novated leasing arrangements.
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