Aramco, one of the leading companies in the field of integrated energy and chemicals in the world, and BYD, a pioneer in the field of car manufacturing and electrical batteries, announced on Monday 21 and which will explore a narrower cooperation on new energy technologies.
The statement said that the joint development agreement signed by Aramco Technologies SAUDI, the Aramco and BYD branch aims to enhance the development of innovative technologies that improve efficiency and environmental performance.
“The cooperation between Saudi Aramco and BYD aims to support improvements and is based on wide research and the development of Aramco in new energy solutions. Aramco explores different ways to improve transportation efficiency, from innovative fuel with less carbon emissions to the concepts of advanced power train.
This work starts from our conviction that multiple approaches are needed to support practical energy transmission, and we are very happy to cooperate with BYD on this trip, ”said A. Machari, the first vice president of Aramco coordination to supervise and coordinate technological coordination, in a note.
By Lu Honagin, Senior Vice President of BYD, there is a crossroads between technological innovation and environmental protection, and the company believes that “real developments come from opening and cooperation.”
“We hope that the Saudi Aramco and our capacity in the field of P&D in the new energy cars will be broken by geographical and mental barriers in front of solutions that combine high efficiency performance with a decrease in carbon fingerprint,” he says.