On May 24, a delegation from PEAKS-ECO and MAZAYA visited BYD's global headquarters for an in-depth tour and discussion. The three parties engaged in comprehensive talks focusing on cooperation in new energy technologies, the development of energy storage business, and the expansion into the Saudi market. As a global leader in new energy innovation, BYD upholds the philosophy of “technology as the king, innovation as the foundation,” and continuously promotes the global application of green technology. This visit marks a key step forward in their strategic collaboration.
Deepening Cooperation to Expand the New Energy Landscape
With its full industrial chain layout in electronics, automobiles, new energy, and rail transit, BYD has become a benchmark enterprise in global green technology. BYD executives shared the company’s latest advancements in battery technology, energy storage systems, and new energy vehicles, as well as its strategic presence across six continents.
The leadership from PEAKS-ECO and MAZAYA expressed high recognition for BYD’s innovation capabilities, particularly in energy storage solutions and renewable energy applications. As a leading enterprise in equipment manufacturing, PEAKS-ECO sees strong potential for cooperation with BYD in areas such as new energy construction machinery and smart energy systems. The parties aim to integrate technological, industrial, and market resources to drive project implementation and accelerate the global energy transition.
Targeting the Saudi Market to Accelerate Energy Storage Expansion Abroad
As a key player in the Middle East’s energy transition, Saudi Arabia is actively advancing its “Vision 2030” plan, with a strong push toward renewable energy and energy storage development. The discussion between BYD and MAZAYA’s leadership placed particular emphasis on the Saudi energy storage market, with plans to introduce BYD’s advanced storage technologies and extensive project experience to support the establishment of a clean and efficient energy system in the region.
MAZAYA showed strong interest in BYD’s energy storage solutions. The two parties conducted practical discussions on the Saudi market’s policy environment, cooperation models, and potential projects, and have reached a preliminary cooperation intention. In the future, BYD is expected to partner with local Saudi enterprises to jointly promote the development of new energy infrastructure across the Middle East.
Innovation-Driven Future for a Greener World
This visit deepened mutual trust among the three parties and laid a solid foundation for future collaboration. BYD stated that it will continue to adhere to technological innovation and its globalization strategy, working together with partners to explore the vast potential of the new energy sector and inject strong momentum into global sustainable development.
As the global energy transition accelerates, the strategic cooperation among BYD, PEAKS-ECO, and MAZAYA will serve as a new model for deploying new energy technologies and expanding markets. It will also bring fresh opportunities for the development of green energy in Saudi Arabia and the broader Middle East region.
