Saudi Aramco to take minority stake in Renault-Geely engine venture

Saudi Aramco agreed to take a minority stake in a new powertrain engine company to be jointly set up by Renault and Geely Automobile Holdings.

“Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China's Geely Automobile Holdings Ltd plan to set up jointly”reuters.com

• 1 source
• reuters.comRenault, Geely ink pact with Aramco for engine venture | ReutersMar 2, 2023

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