On July 14, FDB, a subsidiary fully owned by the BYD Group, and mining behemoth BHP signed a memorandum of understanding. The agreement outlines a collaboration aimed at developing power battery systems and rapid charging infrastructure tailored for heavy mining equipment and locomotives. Additionally, the parties will explore the integration of BYD's commercial and light vehicles into BHP's mining operations, thereby advancing diesel replacement technology. This partnership signifies another significant step in FDB's strategy to electrify mining machinery.