Renault and Geely plan joint venture for combustion engines

Renault Group and Geely are forming a joint venture to develop and produce internal combustion engines, pending competition authority approval expected by year-end 2023. The JV could develop common engines by 2026 and produce up to 5 million engines annually for brands including Dacia, Renault, Nissan and Volvo.

“The joint venture between Renault Group and Geely to develop and produce internal combustion engines could develop its own, common engines as early as 2026”drupal.prod.europe.autonews.com

• 1 source
• drupal.prod.europe.autonews.comRenault-Geely engine joint venture plans to develop own engines | Automotive News EuropePeter SigalSep 7, 2023

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