Aramco and BYD Join Forces to Drive Clean Mobility in Saudi Arabia

A bold step forward in transforming transportation and advancing Vision 2030 goals

Aramco and BYD Sign Strategic Development Agreement

Riyadh, April 21, 2025 — In a landmark announcement that reflects Saudi Arabia’s commitment to sustainability and innovation, Saudi Aramco and BYD, the world’s leading electric vehicle (EV) manufacturer, have entered into a joint development agreement to pioneer advancements in clean mobility.

The deal, signed through Saudi Aramco Technologies Company (SATC), focuses on:

• Developing advanced powertrain technologies
• Exploring the integration of low-carbon fuels
• Enhancing vehicle performance and environmental efficiency

Ali A. Al-Meshari, SVP at Aramco, said: “We are committed to shaping a future where mobility is smarter, cleaner, and more efficient.”
Luo Hongbin, SVP at BYD, added: “This partnership allows us to create innovative, sustainable solutions for the transportation sector.”

Supporting Vision 2030 Through Sustainable Innovation

Aligning with the Kingdom’s Green Goals

This partnership directly supports Saudi Arabia’s Vision 2030, which includes a national goal of achieving 30% electric vehicle adoption by 2030. To reach this goal, the government is expanding its infrastructure, with the Electric Vehicle Infrastructure Company planning to install 5,000 public EV chargers by 2030.

Currently, the Kingdom has fewer than 150 charging stations, making this partnership a vital step in accelerating infrastructure and industry readiness.

BYD’s Growing Presence in the Saudi Market

A Strategic Player in the Kingdom’s EV Ecosystem

BYD opened its first showroom in Riyadh in 2024, introducing models like the Han, Seal, and Atto 3. The company’s expanding presence positions it as a key player in the Saudi market and a valuable partner in Aramco’s clean energy strategy.

Meanwhile, Tesla’s recent market entry has elevated competition in the region’s EV sector, emphasizing the significance of local collaborations like this one.

A Positive Step Toward a Greener, Smarter Future

Beyond Energy — A Shared Vision for Innovation

The Aramco-BYD agreement represents more than a business venture. It’s a forward-looking collaboration focused on driving environmental innovation, developing talent, and building infrastructure. Together, the two companies are laying the foundation for a future in which Saudi Arabia leads in clean mobility and sustainable technology.