BYD Expands Rebate Program to Boost Electric Vehicle Sales in NSW

Chinese automaker BYD is doubling down on its commitment to promoting electric vehicles (EVs) in New South Wales (NSW), offering additional incentives to potential buyers. The company will provide a $500 rebate “top-up” on the Atto 3, Australia’s third-best-selling EV, increasing the total rebate amount to $3,500 off the purchase price. This move follows a similar initiative in Victoria where BYD’s subsidy scheme was abruptly slashed.

According to Luke Todd, the CEO of BYD’s Australian distributor, many buyers are unaware of the available EV rebates in NSW, which have been capped at 25,000 across the state since their inception. Todd emphasizes the importance of seizing this opportunity before the rebate scheme ends on December 31, 2023. He expects a surge in purchasing activity within the next six weeks and urges prospective EV owners to act promptly to avoid disappointment.

To facilitate access to the rebate, BYD will establish a dedicated team at the BYD Megastore in Alexandria. This team, consisting of rebate professionals along with supporting staff to handle inquiries, will assist customers in NSW throughout the order and delivery process.

BYD has made significant strides in the Australian EV market over the past 15 months. The Atto 3, the brand’s flagship model, has surpassed expectations with over 12,000 EVs sold. Furthermore, BYD recently introduced the Dolphin hatchback and will soon launch the Seal electric sedan. Looking ahead, the company has plans to introduce two new models to the Australian market next year.

As the demand for EVs grows, BYD remains dedicated to reducing transport emissions in Australia. This commitment is exemplified by their ongoing efforts to expand sales and increase awareness of available incentives. By providing additional rebates and a dedicated rebate team, BYD hopes to encourage more individuals in NSW to embrace the environmental benefits of owning an electric vehicle.

Frequently Asked Questions (FAQ)

1. What is BYD?

BYD, which stands for “Build Your Dreams,” is a well-known Chinese automaker focused on producing electric vehicles, battery technology, and clean energy solutions.

2. What is the Atto 3 EV?

The Atto 3 is one of BYD’s flagship electric vehicle models and currently ranks as Australia’s third-best-selling EV.

3. What is the NSW rebate scheme?

The NSW rebate scheme provides financial incentives to encourage the adoption of electric vehicles. The rebate was initially announced with a cap of 25,000 rebates available across the state.

4. How long will the rebate scheme be available in NSW?

The rebate scheme in NSW is set to end on December 31, 2023.

5. How can customers access the rebate?

To benefit from the rebate, customers need to place an order and have the vehicle delivered between November 21 and December 31. BYD has established a dedicated rebate team to assist customers at their Alexandria Megastore and handle phone and online inquiries.