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Renault and Geely create joint venture on powertrain development
The announced joint venture between Geely and Renault for developing ICE engines, hybrids and e-fuels for the future is starting to get real soon /Renault
Following the framework agreement announced in November 2022, Geely Holding Group and Renault Group have signed today a binding 50/50 joint venture agreement to launch a new powertrain technology company. It aims to become the global leader in developing, manufacturing, and supplying best-in-class hybrid powertrains and highly efficient ICE powertrains. Aramco, which signed a letter
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