The Times Australia
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PRICE OF AUSTRALIA’S BYD EV’S ANNOUNCED BY EVDIRECT

  • Written by Max Markson

EVDirect’s CEO Luke Todd announced the highly anticipated price points of the latest, most cost-effective electric vehicles to enter the Australian marketplace, with a driveaway cost for the new BYD ATTO3 starting at just $44,990 for the 400 range (NEDC) km model, followed by the 480 (NEDC) at $47,990 driveaway.

At the same time, international soccer superstar turned successful businessman Tim Cahill announced his major investment and stake hold in EVDirect.com.au.

BYD and EVDirect also jointly announced a new funding platform to a star-studded red-carpet event held on Saturday 19 February in BYD’s brand new experience center at 50 Riley Street in Darlinghurst, which would allow consumers to purchase an Atto3 EV for as little as $150 a week*.

Luke Todd said that with the estimated average $65 per week petrol saving compared with a non-EV, the savings are marked and show that EV’s will become the future of new vehicle purchases. 

BYD and EV Direct also announced their unique position in the marketplace which enables them to ramp up production rapidly, meaning an additional 15,000 vehicles can be produced annually, on top of their existing 15,000 annual capacity per model.

“We have also created Australia’s largest private market EV stimulus called EVDirect Finance, a partnership with Taurus Finance and secured $500 million for consumers to enable more Australians to buy an electric vehicle and with the NSW  & VIC Governments providing a $3000 rebate to EV buyers, there has never been a better time to step into the future of motoring.” Mr Todd said. “In addition Sanguine has partnered with EVDirect to underpins EVDirects growth plans with $200 million financing via Green funding bonds so that the company can meet the Australian EV demand and grow in a strategic and structured manner. This funding has been allocated from some of the largest global funding sources to accelerate the transition to a cleaner environment.”

BYD Atto3 cars are now available to order for delivery in July 2022 online at www.evdirect.com.au with a $1,000 refundable deposit.

About BYD:

Backed by renowned American investor Warren Buffet, BYD Company Ltd. is one of China’s largest privately-owned enterprises. Since its inception in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 50 countries and regions. Its creation of a Zero Emissions Energy Ecosystem – comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation – has made it an industry leader in the energy and transportation sectors. BYD is listed on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at http://www.byd.com.

 

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