China's BYD, Exxon Mobil to deepen hybrid technology partnership
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/7/2026
- Wall Street ends lower, off record highs, as Treasury yields climb
- Want to be a stock market bear? BCA says watch potential U.S. tax increases
- SpaceX seeks $40bn in financing for Nvidia chip purchase
- Chip stock could soar nearly 200%, analyst says: "If you don’t buy it, they will"
- Musk rules out TSMC role in Terafab operations; Intel gains
Tweet
Share
E-mail
FILE PHOTO: Exxon Mobil signage is displayed at the JEC World Composites Show at the Villepinte Exhibition Center, near Paris, France, March 4, 2025. REUTERS/Benoit Tessier/File Photo
BEIJING, Jan 27 (Reuters) - China's BYD and U.S. oil major Exxon Mobil will deepen their partnership in hybrid technology, the Chinese electric vehicle maker said in a statement on Tuesday.
Under a long-term strategic Memorandum of Understanding agreement signed on Monday, the two companies will explore customised product research and development, collaborative possibilities in new material applications, among other fields, the statement said.
BYD launched engine oil jointly with Exxon Mobil specifically designed for its plug-in EVs last year.
(Reporting by Beijing newsroom; Editing by Jacqueline Wong)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump awarding former baseball star Clemens the Presidential Medal of Freedom
- Amazon makes fresh job cuts, mainly in retail division
- US lobbies allies to cut ties to anti-disinformation conference over panel critical of Washington, sources say
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
