Renault and Geely establish HORSE Powertrain joint venture

Renault Group and Geely established a 50/50 joint venture named HORSE Powertrain Ltd. for hybrid and combustion powertrain solutions, aiming for about €15 billion yearly revenue.

“The venture aims to achieve net-zero emissions with hybrid and combustion powertrain solutions, with the ambition to reach about €15 billion yearly revenue.”autotechinsight.spglobal.com

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• autotechinsight.spglobal.comRenault, Geely set up joint venture for hybrid, combustion engines - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJun 3, 2024

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