# 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.

- Type: Partnership
- Announced: 2023-09-07
- Status: announced
- Capacity: 5 million engines per year
- Products: internal combustion engines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Renault](https://endata.com/companies/20691.md) (partner)
- [Geely Holding](https://endata.com/companies/25757.md) (partner)
- [Aurobay](https://endata.com/companies/48003.md) (partner)
- [Horse](https://endata.com/companies/72488.md) (partner)

## Sources

- [drupal.prod.europe.autonews.com](http://drupal.prod.europe.autonews.com/munich-auto-show/renault-geely-engine-joint-venture-plans-develop-own-engines), 2023-09-07: "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"

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