Google AI
The Times Australia

Times Media

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.

 

Times Magazine

The $4,699 iPhone: why people still want Apple’s best

The iPhone 18 Pro Max can cost more than many people would spend on a computer. Its appeal says as...

BYD Shark 6 v Toyota LandCruiser 300: can new technology defeat an Australian legend?

The BYD Shark 6 and Toyota LandCruiser 300 Series may appear to belong in different vehicle catego...

Technology

MISSION 1, MISSION 1 PRO and MISSIO…

Today, GoPro, Inc. (NASDAQ: GPRO) announced that its MISSION 1 Series of compact cinema cameras ha...

Local News

Fitstop Global Games to Bring 1,000…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

Culture

Shipstern Bluff surfing movie

STERN FEVER is a new independent feature length documentary telling the story of Shipstern Bluff, ...

Travel

School holiday pricing: fair market economics…

Every Australian family with school-aged children knows the pattern. Look at an airfare, hotel ro...

The Times Features

Shipstern Bluff surfing movie

STERN FEVER is a new independent feature length documentary telling the story of Shipstern Bluff, ...

$1 Million of Free Care to Help Older Australians Falli…

Almost 154,000 older Australians are waiting to receive all of the in-home aged care funding they ...

Caffeine: We Can Live Without It — Happily

Coffee starts the morning. Tea gets us through the afternoon. An energy drink promises another few...