Saudi Aramco acquires 10% stake in Horse Powertrain JV

Saudi Aramco acquired a 10% stake in Horse Powertrain, a joint venture between Renault and Geely, based on a EUR 7.4 billion valuation. Renault and Geely each retain 45%.

“Our investment in Horse Powertrain builds on our considerable research and development in this field.”yicaiglobal.com

• 1 source
• yicaiglobal.comSaudi Aramco Buys 10% Stake in Renault-Geely Powertrain JVDou ShicongDec 4, 2024

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