BYDDY has signed a new memorandum of understanding with ExxonMobil to deepen cooperation on hybrid electric vehicle innovation. The expanded agreement covers joint research and development of advanced powertrain components, collaboration on industry standards for hybrid systems, and enhanced support for global supply-chain logistics. The memorandum builds on a partnership that began in 2019 and aims to accelerate commercialization of high-efficiency hybrid modules by 2028. Analysts expect the joint R&D budget to exceed $200 million over the next three years, positioning BYDDY to integrate ExxonMobil’s low-carbon fuel technologies into its next-generation hybrid models.

In December 2025, BYDDY’s European deliveries rose 229.7% year-on-year to 27,678 units, driving its year-to-date tally to 187,657 units—a 268.6% increase from 50,912 units in 2024. This performance has cemented BYDDY’s status as the world’s largest electric-vehicle maker, overtaking its long-time competitor. Meanwhile, the company’s domestic December sales dipped 18.3% to 420,398 units compared with the same month in 2024. Despite the home-market slowdown, BYDDY’s global volume growth underscores its accelerating footprint outside China, where its hybrid and battery-electric vehicles now account for nearly 13% of total EV registrations in Europe.