Geely and Renault form joint venture for gasoline engines and hybrid technology

Geely Automobile Holdings and Renault SA announced a joint venture to develop gasoline engines and hybrid technology, with an investment of up to 7 billion euros. The JV is equally held and aims to produce efficient internal combustion engines and hybrid systems.

“The JV is aimed at manufacturing more efficient internal combustion engines and hybrid systems.”reuters.com

• 1 source
• reuters.comGeely, Renault strike deal to develop gasoline engines, hybrid technology | ReutersJul 11, 2023

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