US EditionSaudi oil giant Aramco signs development deal with Chinese EV manufacturer BYD
- Saudi Aramco and BYD signed an agreement to collaborate on new-energy vehicle technologies, aiming to improve efficiency and environmental performance amid Saudi Arabia's push for cleaner mobility.
- The collaboration aims to enhance efficiency and environmental performance during Saudi Arabia's transition to cleaner mobility.
- Saudi Arabia targets a 30% adoption of electric vehicles by 2030, despite having only 101 charging stations recorded as of 2024.
35 Articles
35 Articles
How BYD Got So Big
In just the past few years, Chinese EV-maker BYD has become the most important car company most Americans have still never heard of. It is China’s biggest private employer, the world’s third most valuable automaker (after Tesla and Toyota), and it’s capable of producing more than 5 million cars a year. It’s also just one of dozens of innovative new Chinese auto companies that are set to transform the global mobility market — regardless of what h…
DECRYPTAGE - The Saudi company is working with the Chinese car manufacturer BYD to "develop innovative technologies". It has already taken stakes throughout the industrial low carbon fuel chain.
Aramco and BYD unveil car technology alliance
SHANGHAI, China – Saudi Aramco and the Chinese electric vehicle giant BYD announced Monday an agreement to work together on what they called new-energy vehicle technologies. The Saudi oil giant is already a partner with Renault of France and the Chinese automaker Geely in a joint venture to produce thermal engines. Its subsidiary Saudi Aramco
Saudi Aramco signs development deal with China's EV giant BYD
Saudi oil giant Aramco signed a joint development agreement with Chinese electric vehicle (EV) manufacturer BYD to explore collaboration in the development of new energy vehicle technologies, Aramco said on Monday.
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