Up to $0 down payment for a new BYD: The scheme helping Grab drivers own a car

BYD by JC and GXS Bank combine full financing, servicing and battery coverage to ease the costs of going electric or hybrid

Private-hire vehicle driver Sheik Ismail Mohamed Faisal (right) explores joining the new green vehicle financing programme with BYD by JC sales consultant Priscillia Yeo.

Published Sep 30, 2026, 04:00 AM

For private-hire vehicle (PHV) driver Sheik Ismail Mohamed Faisal, his car is not simply a way to get from one place to another. It is an essential part of how he makes a living.

So when the 54-year-old heard about a new programme that brings together vehicle financing, servicing support, and a choice of electric and hybrid cars for Grab driver-partners , he was keen to find out more.

He says: “It should benefit us in the long run, since the financing, driving platform and BYD vehicles are all brought together to help drivers.”

The programme, which is by home-grown digital bank GXS Bank, aims to lower some of the financial barriers Grab drivers may face when buying an electric vehicle (EV) or a hybrid for private-hire work.

Authorised BYD dealer BYD by JC is the bank’s first car dealership partner for the programme.

From left: Managing director of BYD Singapore and president of BYD Philippines James Ng; CEO of BYD by JC Jessica Ang; group CEO of GXS Bank Lai Pei-Si; managing director of Grab Singapore Alejandro Osorio; and group head of retail of GXS Bank Jenn Ong at the green vehicle financing programme signing ceremony. PHOTO: BYD BY JC

From left: Managing director of BYD Singapore and president of BYD Philippines James Ng; CEO of BYD by JC Jessica Ang; group CEO of GXS Bank Lai Pei-Si; managing director of Grab Singapore Alejandro Osorio; and group head of retail of GXS Bank Jenn Ong at the green vehicle financing programme signing ceremony.

Eligible drivers can receive up to 100 per cent loan-to-value financing under the commercial private hire car exemption scheme, subject to GXS Bank’s credit assessment and approval.

This means they could potentially finance the entire purchase with a $0 down payment.

Promotional interest rates start from 2.78 per cent, with the final rate and monthly repayment depending on factors such as the loan amount, repayment period and driver’s profile.

What Grab driver-partners need to know about GXS AutoLoan at BYD by JC

You may not need a down payment Eligible Grab driver-partners can finance up to the full cost of the vehicle, potentially buying a BYD car with $0 down payment.

Interest rates start from 2.78 per cent The final interest rate and monthly repayment will vary depending on factors such as the loan amount, repayment period and the driver’s profile.

There are EV and hybrid options Drivers can choose from six BYD models, including fully electric and DM-i hybrid options, depending on their driving needs.

Battery warranty and servicing are included The vehicles come with an eight-year or 500,000km battery warranty, along with 20 complimentary servicing packages covering up to 500,000km.

Supporting PHV drivers through their car ownership journey

Full-time PHV drivers can clock up high mileage, making the cost of buying, running and maintaining their vehicles an important consideration.

Beyond making it more affordable to purchase a new EV or hybrid car, the programme also helps alleviate some of the costs of owning a vehicle, such as longer-term maintenance.

Participating vehicles come with an eight-year or 500,000km battery warranty too. Drivers also receive 20 complimentary servicing packages, capped at 500,000km of usage.

Drivers can choose from six models, which includes the BYD Seal 6 DM-i and Sealion 6 DM-i hybrids, as well as the Atto 3 Evo.

For drivers concerned about range and charging time, the Sealion 6 DM-i offers the longest driving range among the participating models, at up to 1,100km.

There are six BYD models, including the BYD Sealion 6 DM-i, for Grab driver-partners to choose from. PHOTO: BYD BY JC

There are six BYD models, including the BYD Sealion 6 DM-i, for Grab driver-partners to choose from.

The Atto 3 Evo, meanwhile, supports DC charging of up to 110kW and can be fully charged in about an hour.

The mix of electric and hybrid models gives them options depending on their daily mileage, passenger needs and driving patterns.

Making the switch easier

The tie-up also seeks to simplify what can otherwise be a multi-step process of choosing a vehicle, arranging financing and managing its upkeep.

BYD by JC will support drivers from vehicle selection and test drives through to financing arrangements and aftersales support.

Drivers can visit its showrooms at Teban Gardens and VivoCity to see the participating models and discuss their requirements.

PHV drivers form an important segment in Singapore’s shift towards cleaner vehicles.

Because their cars are used intensively, however, the decision to switch is not simply an environmental one. The numbers have to work too.

Jessica Ang, chief executive officer of BYD by JC, notes that the programme is intended to give Grab drivers access to “affordable and reliable green vehicles” while lowering their daily operating costs.

Jenn Ong, GXS Bank’s group head of retail says that financing for greener vehicles is a key consideration for PHV drivers.

She says: “For many driver-partners, their vehicle is essential to their livelihood. Switching to an electric or hybrid vehicle must make sense for them financially in the long run.”

For Faisal, the combination of vehicle financing and other benefits makes the programme worth considering.

He says: “I definitely hope to be part of the programme. It could make things easier for drivers like me in the long run.”

Interested Grab driver-partners can find out more about the GXS AutoLoan at BYD by JC programme , explore the participating BYD models and register for a test drive.

比亚迪与JC和GXS银行合作推出的全套融资、保养和电池保修服务，旨在降低您购买电动或混合动力汽车的成本。

私召车司机谢赫·伊斯梅尔·穆罕默德·费萨尔（右）正在与比亚迪JC销售顾问普里西莉亚·杨探讨加入新的绿色汽车融资计划。

发布于 2026 年 9 月 30 日 上午 4:00

对于网约车司机谢赫·伊斯梅尔·穆罕默德·费萨尔来说，他的车不仅仅是代步工具，更是他谋生的重要手段。

因此，当这位 54 岁的男子听说 Grab 推出了一项新计划，将车辆融资、服务支持以及电动和混合动力汽车的选择结合起来，供 Grab 司机合作伙伴使用时，他很想了解更多信息。

他表示：“从长远来看，这应该对我们有利，因为融资、驾驶平台和比亚迪汽车都整合在一起，是为了帮助驾驶员。”

该计划由本土数字银行 GXS 银行发起，旨在降低 Grab 司机在购买电动汽车 (EV) 或混合动力汽车用于私人租赁工作时可能面临的一些财务障碍。

比亚迪授权经销商BYD by JC是该银行该计划的首家汽车经销合作伙伴。

从左至右：比亚迪新加坡董事总经理兼比亚迪菲律宾总裁吴志强（James Ng）；比亚迪JC首席执行官洪嘉琪（Jessica Ang）；GXS银行集团首席执行官赖培思（Lai Pei-Si）；Grab新加坡董事总经理奥索里奥（Alejandro Osorio）；以及GXS银行零售业务主管王珍妮（Jenn Ong）出席绿色汽车融资项目签约仪式。图片：比亚迪JC

从左至右：比亚迪新加坡董事总经理兼比亚迪菲律宾总裁 James Ng；比亚迪 JC 首席执行官 Jessica Ang；GXS 银行集团首席执行官赖培思；Grab 新加坡董事总经理 Alejandro Osorio；以及 GXS 银行零售集团主管 Jenn Ong 在绿色汽车融资计划签约仪式上。

符合条件的司机可根据商业私人租赁汽车豁免计划获得高达​​ 100% 的贷款价值融资，但需经 GXS 银行的信用评估和批准。

这意味着他们有可能无需首付即可完成全部购买。

促销利率从 2.78% 起，最终利率和每月还款额取决于贷款金额、还款期限和驾驶员情况等因素。

Grab司机合作伙伴需要了解的关于比亚迪与JC合作推出的GXS汽车贷款计划的信息

您可能无需支付首付。符合条件的 Grab 司机合作伙伴可以融资购买车辆的全部费用，有可能以 0 美元的首付购买比亚迪汽车。

利率从 2.78% 起。最终利率和每月还款额将根据贷款金额、还款期限和驾驶员情况等因素而有所不同。

比亚迪提供电动车和混合动力车型，驾驶者可根据自身需求，从六款比亚迪车型中进行选择，包括纯电动车和DM-i混合动力车型。

电池保修和保养包含在内。车辆享有八年或 50 万公里电池保修，以及 20 次免费保养套餐，覆盖里程高达 50 万公里。

为私家车司机提供购车支持

全职网约车司机行驶里程可能很高，因此购买、运营和维护车辆的成本是一个重要的考虑因素。

除了让购买新的电动汽车或混合动力汽车变得更加经济实惠之外，该计划还有助于减轻拥有车辆的一些成本，例如长期维护费用。

参与活动的车辆还享有八年或50万公里的电池保修。车主还可获得20次免费保养套餐，上限为50万公里。

驾驶员可以从六款车型中进行选择，其中包括比亚迪 Seal 6 DM-i 和 Sealion 6 DM-i 混合动力车，以及 Atto 3 Evo。

对于关注续航里程和充电时间的驾驶员来说，Sealion 6 DM-i 在参与活动的车型中提供了最长的续航里程，最高可达 1,100 公里。

比亚迪为Grab司机伙伴提供六款车型选择，其中包括比亚迪Sealion 6 DM-i。图片：比亚迪（JC摄）

Grab 司机伙伴可以选择六款比亚迪车型，其中包括比亚迪 Sealion 6 DM-i。

与此同时，Atto 3 Evo 支持高达 110kW 的直流充电，大约一小时即可充满电。

电动和混合动力车型的组合为他们提供了多种选择，具体取决于他们的日常行驶里程、乘客需求和驾驶习惯。

让切换更容易

此次合作旨在简化原本可能需要多个步骤的购车、融资和保养流程。

比亚迪（JC）将为车主提供从车辆选择和试驾到融资安排和售后支持的全方位服务。

车主可以前往位于 Teban Gardens 和 VivoCity 的展厅参观参展车型并讨论他们的需求。

在新加坡向清洁能源车辆转型过程中，网约车司机扮演着重要的角色。

然而，由于他们的汽车使用频率很高，因此换车的决定不仅仅是出于环保考虑，经济效益也必须符合他们的预期。

比亚迪旗下品牌 JC 的首席执行官 Jessica Ang 指出，该计划旨在让 Grab 司机能够使用“价格实惠且可靠的绿色车辆”，同时降低他们的日常运营成本。

GXS银行零售集团主管Jenn Ong表示，为更环保的车辆提供融资是PHV司机的一个关键考虑因素。

她说：“对许多司机伙伴来说，车辆是他们赖以生存的必需品。从长远来看，改用电动或混合动力汽车必须在经济上对他们有利。”

对于费萨尔来说，车辆融资和其他优惠相结合，使得该计划值得考虑。

他说：“我非常希望能够参与到这个项目中来。从长远来看，这或许能让像我这样的司机的工作更轻松一些。”

有兴趣的 Grab 司机合作伙伴可以了解更多关于比亚迪与 JC 合作推出的 GXS AutoLoan 计划的信息，探索参与活动的比亚迪车型并注册试驾。