Shenzhen, China - BYD, the world leader in sales of electric vehicles, and Raízen Power, Raízen’s brand dedicated to renewable electricity solutions, have just announced a strategic partnership to accelerate sustainable electric mobility in Brazil. The agreement between the two companies includes several initiatives, such as the construction of EV charging hubs under Shell’s public EV charging brand – Shell Recharge - in eight Brazilian capitals over the next three years. The hubs will be built starting in 2024 in São Paulo, Rio de Janeiro, Belo Horizonte, Brasília, Curitiba, Florianópolis, Salvador and Belém. The partnership was announced at an event in Shenzhen, China, attended by BYD, Raízen Power and Shell leaders.
The goal of the partnership is to significantly expand the public network of electric chargers in the main Brazilian capitals, offering 100% clean and renewable energy and providing a high-tech recharging experience for users. In total, 600 new DC charge points will be installed, adding an additional 18 MW of installed power to recharge electric vehicles nationwide. The partnership will include the offering of competitive energy and services to BYD drivers on the Shell Recharge network. Additionally, the partnership considers a collaboration with Tupinambá, a platform focused on generating the best digital experience for electric vehicles users.
Through the Shell Recharge brand, Raízen Power, one of the largest electricity players in Brazil, wants to lead the Brazilian electromobility market, reaching approximately 25% market share in the segment. Additionally, the brand intends to reach a 10% market share in the free energy market and advance its distributed generation projects—two clean energy commercialization solutions that provide savings to residential, commercial and large business consumers.
“We want to democratize access to electric mobility and renewable energy, making these solutions more accessible, affordable and attractive to the market. With the partnership between Raízen Power and BYD, we will be closer to our customers and participate in the entire consumer journey with Shell Recharge network, through a complete and integrated portfolio that addresses the global pursuit of a more sustainable future,” said Ricardo Mussa, CEO of Raízen.
Raízen is a licensee of the Shell brand and has a network of almost eight thousand mobility sites across Brazil, Argentina and Paraguay, serving millions of consumers daily on their journeys.
This partnership is also strategic for the development and implementation of BYD’s charging equipment and battery solutions. BYD consumers will also enjoy discounts when recharging at hubs located in the 8 cities.
“We believe it is crucial to have a robust and widely distributed charging infrastructure. As we embark on our ambitious sales expansion plan, investing in charging infrastructure is essential. This not only ensures convenience for our customers but also accelerates the transition to a sustainable and electrified future, driving the growth of clean energy transportation”, commented Stella Li, Executive Vice President of BYD and CEO of BYD Americas.
This latest venture in Brazil builds on a strategic cooperation agreement signed by BYD and Shell in 2022 to help accelerate the energy transition and improve charging experience for BYD’s battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) customers.
István Kapitány, Shell’s Global Executive Vice President for Mobility, said: “No single company can drive forward the electric mobility transition alone; instead, it will require unprecedented collaboration between industry, government and customers. This latest venture is a great example of how we are achieving that with the help of our ongoing partners, Raízen and BYD. Our relationship with BYD, for example, started in China and Europe and together we are now looking forward to playing our part in the growth of EV adoption in Brazil, making charging EVs as convenient, and enjoyable as possible.”
Shell has already one of the largest EV charging networks globally in terms of country reach, with around 55,000 public charge points across more than 30 markets and expects to have approximately 70,000 public charge points by 2025. In September 2023, Shenzhen Shell and BYD Electric Vehicle Investment Company Limited – a joint venture between BYD and Shell – opened Shell’s largest EV charging station globally, located near Shenzhen Airport, in China, with 258 fast chargers. Currently, this Shell-branded site serves more than 3,300 EVs customers every day with six convenience offers including a lounge, Shell Café and Shell Select.
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About BYD
BYD is a multinational high-tech company devoted to leveraging technological innovations for a better life. Founded in 1995 as a rechargeable battery maker, BYD now boasts a diverse business scope covering automobiles, rail transit, new energy, and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 70 countries and regions, and more than 400 cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world.
About BYD Auto
Founded in 2003, BYD Auto is the automotive subsidiary of BYD, a multinational high-tech company devoted to leveraging technological innovations for a better life. Aiming to accelerate the green transition of the global transportation sector, BYD Auto focuses on developing pure electric and plug-in hybrid vehicles. The company has mastered the core technologies of the entire industrial chain of new energy vehicles, such as batteries, electric motors, and electronic controllers. It has witnessed in recent years significant technological advancements, including the Blade Battery, DM-i Super Hybrid Technology, e Platform 3.0, CTB Technology, e⁴ Platform, BYD DiSus Intelligent Body Control System, and DMO super hybrid system. The company is the world's first carmaker to stop the production of fossil-fueled vehicles on the EV shift and has remained top of new energy passenger vehicle sales in China for 10 years in a row.
About Raízen Power
Raízen Power is the brand of renewable electricity solutions of Raízen, a global benchmark in biofuels and bioenergy. One of the largest energy traders in Brazil in terms of volume, Raízen Power has more than 40,000 customers connected to its broad portfolio of integrated and customized solutions for different customer profiles, ranging from individuals to large companies.
The brand operates plants for the generation of centralized and distributed energy from renewable sources such as solar, biomass from sugarcane bagasse, small hydroelectric plants and biogas from urban landfills. Its portfolio includes distributed generation (DG) services in several Brazilian states, free energy market migration and management, sale of electricity, renewable energy certificates (I-RECs) and charging solutions for electric vehicles through the Shell Recharge program.
In addition, Raízen Power establishes partnerships with and invests in startups and energytechs that are part of its business ecosystem to expand the offerings of solutions to consumers to democratize universal access to clean energy throughout the entire consumer journey, including at home, at work or on the go. In the 2022-2023 crop year, the brand negotiated approximately 2.2 GW of energy, expanded its DG operations to more than 50 sites spread across Brazil and achieved an EBITDA of R$1 billion.
For more information | BYD | www.byd.com
Asia-Pacific: Liya Huang,
pr@byd.com tel: +86-755-8988-8888-69666
Europe: Penny Peng,
PressEU@byd.com tel: +31-102070888
North America: Frank Girardot,
frank.girardot@byd.com tel: +1 213 245 6503
Latin America: José Miranda,
jose.miranda@byd.com tel: +56 9 96443906
Brazil: Pablo Toledo,
pablo.toledo@byd.com tel: +19 3514 2554
Middle East and Africa: Nikki Li,
meapr1@byd.com tel: +86-755-8988-8888-62319
For more information | Raízen
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