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Accelerating green wheels: BYD’s EV lease deal with Arval will electrify Europe’s roads

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A mere two years removed from its initial entry into new markets of Europe, Build Your Dreams (BYD) is looking to expedite its expansion with the help of Arval – a major vehicle leasing company overseas. The two companies signed a Memorandum of Understanding to become leasing partners and ensure more BYD passenger and light commercial EVs are available to drivers.

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France is subsidizing EV leases so its residents only have to pay 100 euros a month

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Following President Emmanuel Macron’s re-election in France this year, he has begun making good on a promise he made during his campaign to make electric vehicles more affordable. The government is reportedly working out how quickly it can roll out a new measure that would make leases for some EVs available to the people of France for only 100 euros a month.

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