Renault and Geely will complete joint venture this month
French carmaker Renault and Chinese group Geely will complete the joint venture this month. Through the agreement they will develop and supply combustion and hybrid engines. At the same time, Saudi Aramaco is expected to announce the signing of a memorandum of understanding to invest in the joint venture. A...
Renault Group and Geely have signed Joint Venture Agreement
Car manufacturers Renault Group and Geely have signed Joint Venture Agreement to produce and supply thermal and hybrid engines. The joint venture will supply engines to a range of automotive brands worldwide, including Volvo Cars, Proton, Nissan and Mitsubishi Motors. The new entity, to be based in the UK, will...