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

BYD lease

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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Tracking the most affordable EV leases in 2022

affordable EV leases

Electrek is sponsored by Autonomy.com, the cheapest, fastest, easiest way to get a Tesla Model 3. If you have a credit card, you can reserve a Tesla now. Learn more and get $500 off for a limited time. (See Terms.)

So you’re looking for a new EV and feel like a lease might be the best option for you and your needs. A fine choice! Like any large purchasing decision, it’s important to do your research to ensure you maximize your value and are happy with your decision, especially since you will be locked into a term commitment as long as 36-months. Below, we have compiled some of the most affordable EV leases available in 2022. Have a look.

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Is it better to buy or lease an electric vehicle?

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Electrek is brought to you by Autonomy.com, the cheapest, fastest, easiest way to get a Tesla Model 3. If you have a credit card, you can reserve a Tesla now. Learn more and get $500 off for a limited time (See Terms).  

So you’ve made the wise decision to go all-electric and get yourself your first EV. Nice. With plenty of options hitting roads in 2022 and even more electric vehicles on the way, you may wonder if it’s a wiser move to start with a lease, or go straight for the buy. Great question, and one that many EV drivers have pondered including myself. Let’s dissect this dilemma to help you determine what might be the best option for you.

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2022 report rates the US on EV readiness: How prepared is your state?

US EV Readiness

The transportation sector accounts for approximately 30% of carbon dioxide emissions in the US alone. As the United States and the rest of the world for that matter, continue to lean into the paradigm shift of BEV transportation, more and more countries, states, and their consumers must prepare. A new 2022 report from LeasePlan USA has measured a number of data factors and scored an EV readiness index for all of the US.

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