BYD and the Spanish utility Iberdrola have announced a joint offer for people in Spain who buy a new BYD plug-in vehicle. It bundles a home charger at no extra cost, a discounted installation, a home-charging bill credit that runs for three years, and lower prices at Iberdrola public chargers. The alliance was announced on Nov. 3, 2026, according to Roams, and trade outlets covered it between Nov. 4 and Nov. 6.

BYD advertises the deal as "3 años de carga gratis + cargador de regalo" (three years of free charging plus a free charger). The terms are narrower than that line suggests. Roams reports that the home-charging benefit has a fixed annual cap, that it only applies if the buyer has or signs an Iberdrola electricity contract, and that it arrives as account credit, not as unlimited free energy. Below we go through what the sources say. We could not get Iberdrola's own press release, and the legal footnote on BYD Spain's website did not load in our read of the page on Nov. 9, 2026. The terms here therefore come from trade coverage that cites BYD's conditions, plus the banner on BYD's homepage.

The offer in numbers

  • Eligible vehicles: any new BYD plug-in, meaning both battery-electric models and DM-i plug-in hybrids, according to Roams and Híbridos y Eléctricos.
  • Home charger: included at no extra cost when installation is booked through Iberdrola.
  • Installation: half the standard market price, per Roams. Roams puts the combined saving on charger and installation at €969. Híbridos y Eléctricos says buyers save "up to" €969.
  • Home-charging credit: the equivalent of 10,000 km of driving a year for three years, capped at 1,600 kWh a year (worked out at 16 kWh per 100 km), per Roams and Híbridos y Eléctricos, both citing BYD's conditions.
  • Smart Charging Plan: priced at €3.45 (US$3.87) a month plus taxes, according to EV Infrastructure News (Nov. 5, 2026).
  • Public charging: 50% off for six months at selected Iberdrola locations, then 20% off for a further year through a free subscription.
  • Deadline: until Dec. 31, 2026, or until charger stock runs out, per Roams. Aimed at private customers.

How the "three years of free charging" works

The home-charging benefit is the part most likely to be misread. Roams and Híbridos y Eléctricos, both citing BYD's conditions, set it at electricity for 10,000 km of driving a year for three years, with a ceiling of 1,600 kWh a year. That ceiling comes from an assumed consumption of 16 kWh per 100 km: 10,000 km at that rate is exactly 1,600 kWh. Over the full three years, the most a buyer can receive is 4,800 kWh.

The benefit is calculated in kilowatt-hours, not kilometers. A driver whose car uses more than 16 kWh/100 km would therefore get fewer than 10,000 km a year out of the allowance. Roams notes that BYD markets the benefit as "3 años de carga gratis" while the conditions limit it to 10,000 km and 1,600 kWh a year. Both Roams and Híbridos y Eléctricos say the benefit is applied as balance in the customer's Mi Iberdrola account, and Roams describes it as a discount on the customer's electricity contract.

To qualify, the buyer must have or sign an electricity supply contract with Iberdrola and must also have the Asistente Smart Avanzado service, which Roams says is linked to the vehicle. Híbridos y Eléctricos reports the same conditions. In Spanish, the package is called the Plan Recarga Inteligente. EV Infrastructure News describes a "Smart Charging Plan" tariff and gives its price as €3.45 a month plus taxes; we assume this is the same plan, but the sources do not say so explicitly. They also do not say whether the bill credit offsets that monthly fee or whether it is billed on top.

The charger and the installation

According to Roams, BYD provides the charger while Iberdrola handles the installation, which the buyer pays for at a reduced price: half the standard market price. Híbridos y Eléctricos adds that the buyer pays the installation amount set out in the quote Iberdrola provides. The €969 figure reported by Roams and Híbridos y Eléctricos is the combined saving on charger plus installation, so what a household actually pays will depend on the quote for its home. Roams stresses that the installation still has a cost to the customer.

Public charging discounts

Away from home, EV Infrastructure News reports half-price charging for six months at selected Iberdrola public locations. After that, a free subscription to the Smart Charging + Plan (Plan Recarga + in Spanish) gives 20% off for a year. Roams puts the subscription at 12 months and says it normally costs €9.99 a month; Roams also describes the discounts as "up to 50%" and says the 50% rate applies only at what it calls "puntos ventajosos" within Iberdrola's network. The sources do not list which sites count, and they do not give the per-kWh prices the discounts are taken from.

EV Infrastructure News, writing on Nov. 5, 2026, quotes Iberdrola España's smart solutions director, Luis Buil, referring to a public network of more than 12,000 operational charging points. That is the utility's own figure as reported on that date. The selected sites in this promotion may be only part of it.

Two dates on BYD's site

Buyers will see two different end dates. When we checked BYD Spain's homepage on Nov. 9, 2026, its "Black Days de BYD" banner, which promotes "3 años de carga gratis + cargador de regalo," read "Hasta el 30/11/2026." Roams reports that the Iberdrola charger promotion itself runs until Dec. 31, 2026 inclusive, or until charger stock runs out, with Iberdrola's rules setting the period as Nov. 1 to Dec. 31, 2026, and that other offers on BYD's website, such as financing, end earlier, on Nov. 30. Anyone counting on several incentives at once should check with the dealer which ones apply on the day the contract is signed.

Context

The offer is part of BYD's push in European markets. EV Infrastructure News notes that BYD plans to make all of its EVs for the European market in Europe by 2028, according to executive vice president Stella Li as reported by Reuters. That is a stated plan, not a completed change. The terms above are those reported for Spain.

What It Means for Drivers

Who qualifies: private buyers of a new BYD battery-electric or DM-i plug-in hybrid in Spain; Roams describes the promotion as for private customers and domestic use. The offer runs until Dec. 31, 2026, or until charger stock runs out, according to Roams and Híbridos y Eléctricos.

At home: the charger comes at no extra cost if installation is booked through Iberdrola. The installation is quoted by Iberdrola and paid by the buyer at a discounted rate. The bill credit covers up to 1,600 kWh a year for three years, but only with an Iberdrola supply contract and the Asistente Smart Avanzado service. For anyone who is not already an Iberdrola customer, that means signing an Iberdrola supply contract.

On the road: six months at 50% off at selected Iberdrola public chargers, then 12 months at 20% off through the free Plan Recarga + subscription, as reported by EV Infrastructure News and Roams. What applies after that is not covered by the sources.

What to check before signing: the installation quote for your property, whether the €3.45 monthly plan fee (plus taxes, as reported by EV Infrastructure News on Nov. 5, 2026) is covered by or added to the credit, which public sites are included, and which end date applies to the other BYD incentives you are counting on.

Sources