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Though the exact marques are unknown, BYD Australia has confirmed it is in discussions with various brands to sell its NVES credits.
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BYD has confirmed it will sell credits it accrues from the New Vehicle Efficiency Standard (NVES) to other car brands as another revenue stream in Australia.
Speaking to Drive, BYD Australia boss Stephen Collins said other car brands have approached the Chinese electrified car specialist about purchasing credits to avoid penalties for breaching fleet-emissions targets, but would not be drawn on specifically which marques.
“Now we're obviously in a good position [with NVES],” Collins said.
“We haven't gone knocking on doors, we've had people knocking on our door.
“We're just working through that [selling NVES credits].”
The NVES was introduced in Australia earlier this year, with enforcement of fines and credits from July 1, 2025.
Tailpipe emissions targets are split between passenger cars that include SUVs, and light-commercial vehicles like utes and vans, with the threshold tightening every year to encourage the sale of cleaner vehicles.
If a brand’s fleet emissions fall below a year’s threshold, they will be issued ‘credits’ which can be used over the next three years to offset any breaches – or on-sold to other car brands to help them meet targets.
With BYD Australia’s heavily electric-car-focused line-up – including four current electric vehicles (EVs) and two more incoming, as well as two plug-in hybrids and two more on the way – the Chinese brand is well positioned below NVES thresholds.
However, other brands, such as Ford, Mazda, and Isuzu have less of an electrified line-up and are likely to breach NVES targets and will incur fines.
Some brands, like Mazda, have indicated it will increase prices across its model range to help offset fines, while others could negotiate the purchase of credits from other marques to help meet targets.
Selling credits will become another revenue stream for BYD Australia in addition to selling its vehicles, which – for the first 10 months of the year – has reached a 41,882-unit tally to make it comfortably a Top 10 brand.
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Tung Nguyen has been in the automotive journalism industry for over a decade, cutting his teeth at various publications before finding himself at Drive in 2024. With experience in news, feature, review, and advice writing, as well as video presentation skills, Tung is a do-it-all content creator. Tung’s love of cars first started as a child watching Transformers on Saturday mornings, as well as countless hours on PlayStation’s Gran Turismo, meaning his dream car is a Nissan GT-R, with a Liberty Walk widebody kit, of course.
