# Geely to acquire 26.4% stake in Renault's Brazil unit

Geely Automobile Holdings and Zhejiang Geely Holding Group will acquire a combined 26.4% stake in Renault Group's Brazilian subsidiary to produce and sell new-energy vehicles in Brazil. The final agreement was signed on November 3, 2025.

- Type: Acquisition
- Announced: 2025-11-03
- Where: São José dos Pinhais, Paraná, Brazil
- Status: announced
- Products: new-energy vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Renault](https://endata.com/companies/20691.md) (target)
- [Zhejiang Geely Holding Group](https://endata.com/companies/24488.md) (acquirer)
- [Geely Automobile Holdings](https://endata.com/companies/27939.md) (acquirer)

## Sources

- [caixinglobal.com](https://www.caixinglobal.com/2025-11-04/geely-to-buy-stake-in-renaults-brazil-unit-to-make-and-sell-evs-102379190.html), 2025-11-04: "Geely will produce vehicles at Renault's Ayrton Senna plant in São José dos Pinhais, Paraná."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.