BYD is one of the world’s fastest growing electric car brands.
Chinese electric car brand BYD (Build Your Dreams) has selected Bank of Ireland Finance as its exclusive finance partner in Ireland.
BYD electric vehicles, established in China in 1995 and recording global sales of almost 1m purely electric cars in 2022, will be exclusively distributed in Ireland by Motor Distributors Limited (MDL) through their MSL dealerships in Dublin and Cork.
“We look forward to working with BYD and enhancing our existing partnership with MDL in ensuring that the BYD brand becomes quickly recognised here as a leader in the EV field”
Bank of Ireland Finance’s partnership with this innovative car brand will initially see the BYD ATTO 3 on sale in MSL garages, while the BYD Dolphin will also be available for purchase in the coming months.
Time to drive your dreams
BYD cars bring high tech, sustainable mobility solutions (and blade battery technology) to Irish customers, with sales figures in Ireland from the first quarter of 2023 revealing that new fully electric or plug-in hybrid electric vehicle sales by-passed diesel car sales for the very first time.
The new BYD partnership comes at a time when Bank of Ireland continues to make sustained progress across its Environmental, Social and Governance (ESG) pillars.
BYD has been the best-selling manufacturer of electric cars in China for many years, and its entry into the Irish market marks a notable shift for EV consumers in terms of choice, value and range as the Government promotes its target of having 945,000 electric vehicles on our roads by 2030.
“This is a very exciting development for Bank of Ireland Finance, and we look forward to working with BYD and enhancing our existing partnership with MDL in ensuring that the BYD brand becomes quickly recognised here as a leader in the EV field,” said Derek McDermott, managing director at Bank of Ireland Finance.
“Bank of Ireland Finance has a range of finance options available to customers looking to purchase a BYD vehicle and will continue to work in supporting our customers in making the green transition.”
Main image at top: Paddy Finnegan, CEO of MDL; Bernard Byrne, Brand Manager at BYD; Ciaran Allen, Sales Manager at MDL; and Derek McDermott, Managing Director, Bank of Ireland Finance
