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Innovative Insurance Collaboration Boosts Electric Vehicle Adoption

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Innovative Insurance Collaboration Boosts Electric Vehicle Adoption

AXA Insurance has joined forces with BYD, the global leader in electric vehicles, to introduce an exclusive “Branded Comprehensive Insurance” tailored for BYD vehicles. As one of Turkey’s fastest-emerging car brands in 2025, BYD and AXA have crafted a comprehensive insurance solution designed to accommodate the unique demands of electric vehicle technology, aligning with AXA’s commitment to sustainability. This strategic partnership not only prioritizes user safety but also demonstrates a commitment to reducing carbon emissions. BYD, recognized as the first automotive manufacturer to cease the production of fossil fuel vehicles in 2022, leads with its mission to “Cool the World by 1°C.” The collaboration with AXA Insurance represents a significant stride towards a sustainable future.

Offered through AXA Insurance networks, the “Branded Comprehensive Insurance” provides BYD owners a premier, comprehensive, and trustworthy insurance experience, aligning with AXA’s objectives of achieving green premium targets.

Exclusive Coverage for Electric Vehicles

BYD Brand Insurance is distinguished by its comprehensive coverage, specifically tailored to meet electric vehicle user needs. Benefits for BYD owners include a 30-day replacement vehicle, repairs with 100% original parts at authorized BYD service centers, and extended warranty-free battery repair coverage. Additional benefits encompass on-site charging services in select provinces, extensive towing support, and enhanced coverage for genuine charging equipment. The preservation of the no-claims discount on windshield, headlight, and brake light replacements heightens the user experience, alongside optional protection for the advanced touchscreen infotainment systems.

AXA Insurance, driven by its mission to “protect what matters most for human advancement,” fosters eco-friendly transportation solutions designed for electric vehicles, allowing users convenient access to insurance options in line with modern mobility trends. This collaboration between AXA Insurance and BYD not only facilitates a secure and all-encompassing insurance experience but also accelerates the embrace of electric vehicles, contributing to the broader vision of sustainable mobility.

BYD, among the first global automotive brands certified under ISO ESG Standards, aspires to halve the carbon intensity of its operations by 2030 and achieve full carbon neutrality across its value chain by 2045.

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