Grab, BYD enter strategic partnership

Expect a lot of BYD cars in the local taxi-hailing transport soon as Grab and BYD inked a regional partnership to expand access to up to 50,000 BYD electric vehicles (EVs) to Grab’s driver-partners across Southeast Asia, while increasing the availability of green vehicles to Grab users.

Grab and BYD look to boost the electrification of the transportation sector in Southeast Asia by providing Grab’s fleet partners and driver-partners with access to BYD vehicles at the most competitive rates, with extended warranties on the EV vehicles’ batteries. 

Drivers will have the option of renting the EVs from Grab’s fleet partners or opt for financing support through Grab’s car ownership schemes. The partnership supports Grab’s commitment to help driver-partners accelerate the transition to zero-emission modes of transport. In countries like Singapore and Thailand, Grab users can also choose to toggle on the “Eco-Friendly Ride” option, which will prioritize allocating green vehicles at no additional charge.

“We are excited to partner with Grab as the leading on-demand transport provider in Southeast Asia and push forward the transition to electric vehicles in the region. BYD, as the world’s leading new energy vehicle manufacturer, will best integrate our technology with Grab’s, and we look forward to working with them to deliver a unique and unparalleled experience for their drivers and users,” said Liu Xueliang, the general manager of BYD Asia Pacific Auto sales division.

The partnership spans Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, and covers a range of models including the Denza D9, BYD Atto3, BYD Seal, and BYD M6 cars. 

Chuck Kim, the managing director of Grab Group Business Development, said: “Sustainable growth in Southeast Asia is a priority for us and we are always looking to improve our offerings to both our driver-partners and Grab users. This collaboration enables us to drive the transition to EVs forward by lowering the financial barriers that are often associated with EVs, and in the long run deliver economic benefits to our driver-partners which may include fuel cost savings. We are confident that a reliable partner like BYD who are committed to delivering high quality vehicles and services allows us to showcase the benefits of EVs and make green transportation an accessible option to everyone.”

Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. 

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