Saudi Aramco and BYD, a prominent manufacturer of energy vehicles and power batteries based in China, have announced their partnership to explore new electric vehicle (EV) technologies. The collaboration aims to enhance the efficiency and environmental performance of EVs, as stated in a joint announcement made by both companies.

The agreement, which was formalized through Saudi Aramco Technologies Company (SATC), a subsidiary of the Saudi oil giant, signifies a significant step in the development of advanced transportation solutions. Ali A. Al-Meshari, Senior Vice President of Technology Oversight & Coordination at Aramco, mentioned that the company is investigating various methods to optimize transport efficiency, including lower-carbon fuels and innovative powertrain concepts.

In a related development, the Saudi Electricity Company (SEC) signed a contract with BYD Energy Storage in February to construct the world’s largest grid-scale energy storage project in Saudi Arabia. Under this contract, BYD will provide 12.5 gigawatt-hours (GWh) of Battery Energy Storage System (BESS) capacity to SEC, further emphasizing the collaboration’s focus on sustainable energy solutions.