Shell partners with BYD to develop EV charging networks in markets including China and Europe

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Recently, we learned from official channels that Shell and BYD signed a global strategic cooperation agreement to jointly promote the energy transition and jointly improve the charging experience of BYD pure electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) users. The two parties will first start cooperation in China and Europe, and plan to expand this partnership to the world.

BYD and Shell will cooperate in the following areas:

  1. BYD and Shell will establish a partnership of mobility service providers (MSP) in Europe. Shell will provide membership services for BYD’s personal and business customers in the future, covering more than 275,000 charging terminals on its charging roaming network; BYD and Shell will also jointly develop fleet solutions and exclusive charging services for BYD’s customers in Europe.
  2. The two parties will seek opportunities to provide customers around the world with comprehensive home energy solutions, such as dynamic electricity price scheduling, photovoltaic integration, home energy storage devices and vehicle-to-grid (V2G) charging solutions.
  3. The two parties intend to jointly build a BYD-Shell electric vehicle service center in major European markets to provide customers with more opportunities to experience BYD’s high-end design, advanced new energy vehicle technology, and the smooth charging and digital services.
  4. BYD and Shell will recommend customers to participate in the “Accelerating Towards Zero-Emission Future (A2Z)” decarbonization program to help corporate fleets in various European markets achieve zero and net zero emissions targets.
  5. BYD and Shell intend to carry out global R&D cooperation in the field of battery performance and industry-leading charging.
  6. On a global scale, Shell will study how to apply Shell E-Fluids and coolants and other technologies and products to help BYD further save costs and improve hardware performance.

In addition, BYD and Shell also plan to jointly establish a joint venture to develop an electric vehicle charging network in China. The joint venture is expected to operate more than 10,000 electric vehicle charging terminals in Shenzhen, with plans to expand to other Chinese cities in the future.