BYD launches BYD Lease in partnership with Arval

EXCITING new Chinese OEM entrant is launching BYD Lease in partnership with Arval UK.

The launch of BYD Lease will allow further growth for BYD. The company, which officially launched in the UK in March 2023, increased its volume by 658% to over 8,700 cars in 2024 – making it the UK’s fastest growing car brand.

“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.”

Steve Beattie, Sales & Marketing Director, BYD UK Tweet

In March 2023, BYD UK launched with the ATTO 3 C-segment SUV and since then has launched four new models in under two years – with the SEALION 7 (pictured above) joining the line-up in the coming months. The company has grown from 14 retail sites to 60 retailers across the UK, with plans to add more sites in 2025. The launch of BYD Lease in partnership with Arval UK should increase that trajectory.

“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.”

Eliott Woodhead, Retail Director, Arval UK Tweet