India, July 13 -- BHP (BHP.AX,BLT.L,BBL,BHP) announced that it has entered into a Memorandum of Understanding with FinDreams Battery Co., Ltd, a wholly owned subsidiary of BYD Group. The partnership will explore powertrain battery solutions for heavy mining equipment and locomotives, supported by adjacent flash-charging infrastructure.
Additionally, the companies will assess the potential use of BYD commercial and light vehicles in BHP's mining operations to advance its diesel displacement strategy.
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BHP noted that the strategic collaboration aims to identify technologies and pathways that further enable the decarbonisation of BHP's mining activities and ...