BYD Signs Development Deal With Aramco

MT Newswires Live

2025/04/22

BYD (SHE:002594, HKG:1211) signed a joint development agreement with Saudi integrated energy and chemicals company Aramco to accelerate breakthroughs in new energy vehicle technologies.

The partnership taps into both companies' research and development strengths to drive innovation in efficiency and sustainability, according to a Monday news release.

Shares of the automaker rose 1% in recent trade on the Shanghai bourse.

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