China’s leading electric vehicle maker BYD is deepening its cooperation with Exxon Mobil as hybrid powertrains gain strategic importance in China’s auto market. Under a newly signed long term memorandum, the two companies will expand joint work on customized product research, materials development
Ford Motor is exploring potential cooperation with Chinese automaker BYD on battery supplies for its hybrid vehicle lineup, signaling a notable adjustment in strategy as global carmakers reassess electrification plans. The discussions come at a time when demand growth for fully electric vehicles
Toyota has announced a significant new investment aimed at strengthening its hybrid vehicle production across the United States. The company confirmed that it will allocate a total of nine hundred and twelve million dollars to enhance manufacturing capacity at several of its American
