Saudi Aramco and BYD join hands to enter the new energy vehicle field

Saudi Aramco and BYD have reached a cooperation agreement to jointly develop new energy vehicle technology. Saudi Aramco has previously cooperated with Renault and Geely to establish the "Horse Powertrain" company. This cooperation aims to promote the development of efficient and environmentally friendly innovative technologies. Saudi Arabia is actively promoting economic diversification and vigorously developing the electric vehicle industry.