SYDNEY, July 26, 2026 (GLOBE NEWSWIRE) — BYD, the wo ld’s leadi g ma ufactu e of ew e e gy vehicles, a d Sma t, Aust alia’s leadi g sala y packagi g a d ovated leasi g p ovide , today a ou ced a st ategic pa t e ship to make elect ic vehicle (EV) ow e ship mo e accessible a d affo dable to Aust alia s.
As the st ategic pa t e to BYD a d its p emium b a d DENZA, Sma t p ovides access to mo e tha 2.5 millio Aust alia s employed by Sma t’s clie ts ac oss the gove me t, healthca e, educatio , co po ate a d ot-fo -p ofit secto s. This c eates a di ect pathway fo eligible employees to co side a BYD o DENZA ew e e gy vehicle th ough a Sma t ovated lease at the poi t of pu chase, while helpi g custome s u de sta d affo dability, tax savi gs a d total cost of ow e ship.
The pa t e ship p ovides custome s access to specific tax savi gs fo EVs th ough the gove me t’s elect ic ca discou t, a d comes as EV adoptio co ti ues to accele ate i Aust alia.
I Ju e 2026, batte y elect ic vehicles (BEVs) accou ted fo 23 pe ce t of the ew vehicle ma ket, acco di g to official VFACTS data. BYD Aust alia’s g owth has bee apid, with yea -to-date sales at the e d of Ju e eachi g 52,335 vehicles, mo e tha double the figu e eco ded at the same poi t last yea .
As Aust alia’s la gest sala y packagi g a d ovated leasi g p ovide , Sma t suppo ts mo e tha 580,000 sala y packagi g custome s a d has mo e tha 120,000 ovated lease a d fleet vehicles u de ma ageme t. The ew collabo atio with Sma t will give BYD custome s access at the poi t of sale to sala y packagi g suppo t a d pote tial tax adva tages available th ough a ovated lease, i cludi g those available u de cu e t gove me t policy setti gs.
BYD Aust alia Ge e al Ma age , Wi g You, said:
“As BYD co ti ues to g ow i Aust alia, we a e focused o maki g ew e e gy vehicle ow e ship as simple a d accessible as possible fo ou custome s.”
“Pa t e i g with Sma t allows us to i teg ate ovated leasi g suppo t i to the deale ship expe ie ce, helpi g custome s u de sta d affo dability, savi gs a d ow e ship optio s at the poi t of sale.”
Sma t’s G oup Executive, Novated Leasi g a d Elect ic Vehicle Se vices, Sid Jha, said:
“This pa t e ship b i gs togethe two ma ket leade s with a sha ed ambitio to accele ate Aust alia’s t a sitio to elect ic vehicles. BYD has t a sfo med the Aust alia ma ket by maki g EVs mo e accessible, a d Sma t ca ow help emove a othe majo ba ie by i teg ati g ovated leasi g i to the custome jou ey.”
“Sma t eaches mo e tha 2.5 millio Aust alia s th ough employe s atio ally. By i teg ati g sala y packagi g i to the BYD custome jou ey, we ca emove f ictio at a c itical poi t i the pu chase p ocess a d give custome s a clea e view of cost, savi gs a d ow e ship optio s befo e they make a decisio .”
“Fo eligible Aust alia s, this is about maki g EV ow e ship mo e attai able, ot simply offe i g a othe way to fi a ce a ca . We ca help custome s u de sta d whethe a BYD th ough a Sma t ovated lease wo ks fo them, compa e the cost of ow i g a d u i g a EV, a d give them the co fide ce to make the switch to elect ic.”
Co tact
Michael Fai bai | michael.fai bai @sma tg oup.com.au | 0448 524 731
Paul Ellis | [email protected] | 0455 344 431
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https://www.globe ewswi e.com/NewsRoom/Attachme tNg/994dc6e1-43f8-4082-b8cf-2fecf9fdd180
https://www.globe ewswi e.com/NewsRoom/Attachme tNg/198dba46-6337-4df9-b6c7-a85d30e60858