BYD and the Latin American Energy Organization (OLADE) form a strategic alliance to promote electric mobility

7 December 2023

BYD Ecuador and the Latin American Energy Organization (OLADE) announced that an Interinstitutional Cooperation Agreement was recently formalized, with the aim of advancing the cause of electric mobility in Latin America and the Caribbean.

OLADE, under the leadership of its executive secretary, Andres Rebolledo Smitmans, and BYD, represented by Jorge Burbano, country manager of BYD Ecuador, signed this agreement, solidifying their joint commitment to promote electric vehicles and accelerate energy transitions in the region .

Founded in 1973, OLADE is a respected intergovernmental cooperation organization dedicated to promoting energy integration, development and conservation in Latin America and the Caribbean. For its part, BYD, founded in 1995, is a leading technology company focused on innovation in various sectors, such as automobiles, electronics, rail transport and new energies.

The collaboration foreseen in this agreement will cover crucial elements such as the promotion of sustainable mobility, the holding of workshops and specialized training in electromobility. These initiatives will be aimed at both the public and private sectors, the academic world, specialized unions and civil society in Latin America and the Caribbean. In addition, the alliance will include visits and technical demonstrations at OLADE facilities, specifically focused on electromobility, for universities, technology centers, educational institutions, unions and related organizations. Additionally, BYD vehicles will be used in OLADE's electromobility studies, aligning with OLADE's work plans.

BYD will significantly contribute to this collaboration by providing a TANG EV electric vehicle model along with a charging station. This equipment will be used to demonstrate the electrical infrastructure and vehicle autonomy, emphasizing the advantages of electric vehicles.

Jorge Burbano, country manager of BYD Ecuador, commented on the partnership: "We are deeply honored to collaborate with OLADE, leveraging our experience in electric mobility and energy solutions. Our joint mission is crucial reducing CO2 emissions and contributing to the global efforts to cool the Earth by 1.I am confident that our cooperation will serve as a beacon for knowledge transfer and research, promoting sustainable development and energy security in the region."

The executive secretary of OLADE, Andres Rebolledo, highlighted the importance of the recent agreement as a key commitment for regional energy integration and cooperation for the benefit of the 27 member countries of OLADE. He highlighted the importance of the transition towards a sustainable vision in Latin America and the andress a notable collaboration between both entities, dedicated to a cleaner and more sustainable future for the region. It focuses on priority areas such as the electrification of mobility and training in sustainable mobility, with the possibility of agreeing on specific agreements for the execution of projects aligned with their shared objectives.

Through this agreement, BYD and OLADE reaffirm their dedication to regional energy integration and cooperation for the benefit of member countries. Through close collaboration and the execution of joint projects, they aim to promote sustainable development and optimize energy resources and transportation through clean energy sources in the region.