Chinese new-energy vehicle and technology company BYD and financial services provider Absa have launched BYD Finance with the aim of making new-energy mobility more accessible locally. Building on the relationship first established in 2025, Absa will continue to provide vehicle finance and broader banking solutions to support BYD’s dealer network and customers in South Africa, including wholesale finance for dealerships, vehicle finance for customers, insurance solutions and other value-added services.

Absa Deepens BYD Alliance as South Africa’s Electric Vehicle Market Surges - IT News Africa - African Business Technology News

Chinese new-energy vehicle and technology company BYD and financial services provider Absa have launched BYD Finance with the aim of making new-energy mobility more accessible…