BYD and Shell have signed strategic partnership agreements to help speed up energy transitions and improve the billing rate for customers of BYD (BEV) and hybrid electric vehicles (PHEV), increasing customer value. The partnership will start in China and Europe and will spread to other parts of the world.
Under the agreement, BYD and Shell will co-operate in the following areas:
– For residential and commercial customers of BYD’s BEVs and PHEVs, BYD and Shell will form a Pan-European Mobility Service Provider (MSP) partnership, providing access to 275,000 charging stations via Shell’s external network. BYD and Shell will also jointly develop Fleet Solutions and Depot Charging services for BYD customers in Europe.
– Both companies will strive to provide integrated home energy solutions such as coordinating power levels, solar connectivity, home batteries and car-to-grid (V2G) charging in various parts of the world.
– Both sides will explore opportunities to build BYD-Shell EV booths in key European markets, where customers can access BYD state-of-the-art designs and new energy vehicle technologies, as well as seamless payments and built-in digital services jointly on both sides. excellent user experience.
– BYD and Shell will both direct customers to participate in the Accelerate to Zero (A2Z) paint removal program, which will enable company ships to achieve zero and zero zero emissions in several European markets.
– BYD and Shell plan to collaborate on international research and development in battery performance and advanced charging.
– Worldwide, Shell will strive to help BYD achieve cost savings and better hardware performance using Shell E-Fluids and cooling agents.
Both sides also plan to set up a joint venture to promote EV payment networks across China. The partnership is expected to run a network of more than 10,000 charging stations in Shenzhen, China, and plans to expand to more locations in China.
Wang Chuanfu, chairman and president of BYD, said: “The automotive industry is undergoing a century-long revolution and the development of new energy vehicles is an inevitable trend. Shell is the largest energy company in the world, with companies around the world making incredible contributions to meet. The growing demand for energy. BYD is ready to work closely with Shell and take advantage of the historic opportunity for new energy vehicles, provide consumers with better services in charging equipment and the use of new energy vehicles and create significant development opportunities.
István Kapitány, Shell’s Executive Vice President of Global Mobility, said: “Shell has high hopes for boosting our mobility business in China and helping drivers around the world run low carbon by converting EVs. With BYD, we want to provide charging applications that are as quick, easy and comfortable as possible.By both brands support innovations that enhance the experience of our customers worldwide, and this partnership provides exciting opportunities to make use of EV be better.
John Lee, Secretary of the BYD Board, General Manager of the BYD Investment Unit, said: “Shell is a world-renowned longevity brand, dedicated to providing the most efficient and clean energy solutions to sustain development; BYD is a global leader in the new energy industry, striving to continue making technological innovations for a better life. Shell and BYD have the same intent and can complement each other in many ways. Payment cooperation is just the beginning. In the future, with strong cooperation between us, I believe there will be great potential from our cooperation.
Jason Wong, CEO of Shell Companies in China, said: “China is the world leader in the production and use of electric vehicles. In total, more than 3.5 million electric vehicles and plug-ins will be sold in 2021, an increase of approximately 160 percent compared to 2020. New EV charging infrastructure will be much needed. We are pleased to partner with BYD to seek opportunities to expand the EV charging network in China and to further improve the tariff conditions for EV customers. By working with more partners, we can build an ecosystem to accelerate energy transitions and contribute to China’s 2030 and 2060 carbon targets.