Quick Takeaways
- BYD ExxonMobil hybrid technology partnership advances new-energy hybrid innovation.
- The collaboration strengthens hybrid lubrication development and global supply capabilities.
On Jan. 26, the BYD ExxonMobil hybrid technology partnership entered a new stage as BYD Auto Industry Company Limited and ExxonMobil (China) Investment Co. Ltd. signed a long-term strategic cooperation memorandum at BYD’s headquarters in Shenzhen. The agreement marks a deeper commitment to advancing new-energy hybrid technologies.
BYD ExxonMobil Hybrid Technology Partnership Builds on Existing Cooperation
The renewed cooperation builds on an established relationship between the two companies. In an earlier phase, both sides jointly introduced the BYD Mobil™ Hybrid-dedicated engine oil range, engineered specifically for plug-in hybrid electric vehicles. The product was developed to meet the unique operating characteristics of PHEV powertrains.
The hybrid-dedicated engine oil focuses on improving fuel efficiency while delivering enhanced moisture-handling capability and strong emulsion stability. These features address the tendency of PHEV engines to accumulate moisture during short-distance and low-temperature driving, while maintaining reliable lubrication and stable performance across varied operating conditions.
Focus Areas of the Expanded Partnership
Under the expanded framework, the BYD ExxonMobil hybrid technology partnership will emphasize closer technical integration and long-term innovation. Both companies plan to combine their strengths in research, engineering expertise, and commercialization to accelerate the application of advanced hybrid-related technologies.
Key areas of cooperation include:
The partnership also aims to support the automotive industry’s transition toward more sustainable and intelligent development while fostering a mutually beneficial, long-term relationship.
Strengthening Global Supply Chain Support
As part of the agreement, ExxonMobil will leverage its global manufacturing footprint, extensive logistics network, and mature supply chain management capabilities. This will enable stable, timely, and locally compliant supplies of lubricants and related products for BYD’s overseas production facilities.
Both partners will also work together to streamline supply chain processes. These efforts are intended to enhance the resilience of BYD’s global supply network, improve operational agility, and support faster responses to shifting market demand across international markets.
BYD ExxonMobil Hybrid Technology Partnership Builds on Existing Cooperation
The renewed cooperation builds on an established relationship between the two companies. In an earlier phase, both sides jointly introduced the BYD Mobil™ Hybrid-dedicated engine oil range, engineered specifically for plug-in hybrid electric vehicles. The product was developed to meet the unique operating characteristics of PHEV powertrains.
The hybrid-dedicated engine oil focuses on improving fuel efficiency while delivering enhanced moisture-handling capability and strong emulsion stability. These features address the tendency of PHEV engines to accumulate moisture during short-distance and low-temperature driving, while maintaining reliable lubrication and stable performance across varied operating conditions.
Focus Areas of the Expanded Partnership
Under the expanded framework, the BYD ExxonMobil hybrid technology partnership will emphasize closer technical integration and long-term innovation. Both companies plan to combine their strengths in research, engineering expertise, and commercialization to accelerate the application of advanced hybrid-related technologies.
Key areas of cooperation include:
- Customized product development for hybrid and new-energy vehicles
- Closer technical coordination and joint standard-setting
- Brand collaboration and cooperative innovation in new materials
The partnership also aims to support the automotive industry’s transition toward more sustainable and intelligent development while fostering a mutually beneficial, long-term relationship.
Strengthening Global Supply Chain Support
As part of the agreement, ExxonMobil will leverage its global manufacturing footprint, extensive logistics network, and mature supply chain management capabilities. This will enable stable, timely, and locally compliant supplies of lubricants and related products for BYD’s overseas production facilities.
Both partners will also work together to streamline supply chain processes. These efforts are intended to enhance the resilience of BYD’s global supply network, improve operational agility, and support faster responses to shifting market demand across international markets.
Company Press Release
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