BYD appointed bolttech as its preferred strategic partner for embedded insurance across its main European markets. It gives BYD customers access to motor insurance during the vehicle purchase and finance process, both online and through dealerships.
The partnership has already launched in the UK and will expand this year to Italy, France, Germany, and Spain.
bolttech will use its AI-enabled embedded insurance platform to offer BYD customers tailored electric vehicle insurance packages from a curated panel of insurers. The model places coverage options inside the car-buying journey, rather than sending customers to a separate insurance search after purchase.
For EV buyers, timing matters. Insurance needs to be sorted before the car leaves the showroom, and EV insurance pricing still depends on repair costs, battery data, safety systems, and model-specific risk.
Stella Li, executive vice president at BYD, said the company is working with bolttech to turn insights and data into value for customers. She said the partnership gives drivers easier access to motor insurance embedded into the purchase journey, with EV protection available from the moment they take the car home.
Rob Schimek, group CEO of bolttech, said the company will support BYD’s push toward a more sustainable and technology-enabled future. He said the partnership will give insurers richer vehicle data and risk insights, supporting more accurate pricing and better insurance options for BYD drivers.
The partnership will go beyond digital quotes and policy issuance.
BYD and bolttech plan to provide insurers with safety insights and proprietary vehicle data, helping underwriters assess risk and build more competitive products for the BYD ecosystem.
According to Beinsure, embedded insurance for EVs is moving from a sales add-on into a data-led underwriting channel. Access to vehicle-level information gives insurers a clearer view of battery performance, safety features, repair exposure, and driving-related risk.
BYD is the only automotive manufacturer that produces its own batteries, electric motors, and powertrain systems in-house. The company recently released its second-generation Blade Battery, offering Flash Charging speeds close to refuelling times and setting new benchmarks for safety and longevity.
bolttech’s platform will help present those engineering developments to insurers in real time, supporting EV-specific underwriting and pricing.
That data flow could become a real advantage as EV insurance markets mature and repair-cost assumptions keep shifting.
BYD was founded in 1994 as a rechargeable battery maker and has expanded into automobiles, rail transit, new energy, and electronics. The company operates more than 30 industrial parks across China, the US, Canada, Japan, Brazil, Hungary, and India.
Its new energy vehicles are sold across six continents, 120 countries and regions, and more than 400 cities. BYD is listed on the Hong Kong and Shenzhen stock exchanges and is a Fortune Global 500 company.
bolttech operates as a global insurtech focused on technology-enabled protection and insurance distribution. The company serves customers in 39 markets across Asia, Europe, North America, and Africa.
Its platform connects insurers, distributors, and customers, helping insurance and protection products move through digital and data-driven channels. For BYD, that means insurance becomes part of the EV ownership experience from day one, not an afterthought.
