Gasgoo Munich- On June 3, BYD Company Limited and China Petroleum & Chemical Corporation (Sinopec) formally signed a strategic cooperation framework agreement in Beijing. Centered on building a smart energy ecosystem, the partnership will drive multi-level, comprehensive industrial and capital cooperation across charging networks, owner ecosystems, and the broader supply chain.Image source: BYDThis agreement builds on existing collaborations in refined oil supply and integrated energy station construction, taking their partnership broader and deeper.Specifically, the partnership targets three key areas: first, advancing charging network interoperability by co-building FLASH-charging stations under the "FLASH Charging China Strategy" to reshape the new-energy replenishment landscape; second, creating an integrated ecosystem combining energy supply with automotive services, exploring synergies in the aftermarket, solar-storage-charging-inspection, membership systems, and data intelligence; and third, collaborating across the upstream and downstream supply chain on automotive and battery materials, refined oil, energy storage, and centralized procurement.BYD is actively advancing its "FLASH Charging China" strategy, having already constructed more than 6,100 FLASH-charging stations, with plans to reach 20,000 by year's end. Sinopec, the world's largest refiner and China's biggest supplier of refined oil and petrochemicals, boasts a nationwide energy service network that includes over 30,000 integrated energy stations and more than 14,000 charging and swapping facilities.This alliance aims to accelerate the rollout of the "FLASH Charging China" strategy, building a broader, faster new-energy replenishment network. It also seeks to drive the transformation of the energy and transportation sectors and support the implementation of national energy security strategies.