Localiza closes agreement to purchase 10 thousand electric and hybrid cars from BYD

Two-year contract includes models such as Dolphin, Dolphin Mini and Song Plus for rental, subscription and fleet management

Song Plus, Dolphin and Dolphin Mini are the models that have joined Localiza's fleet (Photo: BYD | Disclosure)
By Júlia Haddad
Published on 2026-02-12 at 10:00 PM
Updated on 2026-02-12 at 10:35 PM

Localiza&Co has signed a commercial agreement with Chinese automaker BYD for the acquisition of 10,000 hybrid and electric vehicles. The contract, announced this Thursday (12), provides for the gradual incorporation of cars into the rental company’s fleet over the next two years.

The purchase decision was made after a test period of more than a year, during which Localiza evaluated the performance, technical reliability and operational efficiency of the Asian models in its daily operations.

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Models and availability

Under the agreement, Localiza will offer the complete portfolio of the Chinese manufacturer. Among the models confirmed to join the fleet are the compact electric Dolphin and Dolphin Mini, as well as the Song Plus and Song Pro hybrid SUVs.

The new vehicles will be distributed on all of the company’s business fronts: they will be available for daily rental, subscription car (Localiza Meoo) and outsourced fleet management for companies. Subsequently, according to the life cycle of the assets, these cars will also be destined for direct sale to the final consumer in the Localiza Seminovos network.

Market strategy

For BYD, which reported the sale of 100 thousand 100% electric vehicles in Brazil in 2025, the partnership serves as a market penetration tool. According to Tyler Li, president of the automaker in the country, the agreement allows “democratizing access to clean technology”, allowing drivers to test the technology in their daily lives before deciding on a purchase.

On the side of Localiza, which has a total fleet of more than 630 thousand cars, the movement aims to diversify the product mix. The company’s CEO, Bruno Lasansky, says that the goal is to create an ecosystem where the customer has the flexibility to access electric vehicles in the way they prefer, whether renting or buying.

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