# Geely and Renault form 50:50 joint venture for hybrid and fuel powertrains

Geely Holding Group, Geely Automobile Holdings and Renault Group established a 50:50 joint venture to research, develop, manufacture and supply advanced hybrid and fuel powertrains globally. The new company will be headquartered in the UK with five R&D centers and 17 factories.

- Type: Acquisition
- Announced: 2025-05-21
- Where: UK (headquarters), United Kingdom
- Jobs: 19,000
- Status: announced
- Capacity: 5 million sets of engines and gearboxes per year
- Products: hybrid powertrains, fuel powertrains, engines, gearboxes
- 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)
- [Geely Automobile Holdings](https://endata.com/companies/27939.md) (partner)

## Sources

- [bitauto.com](https://www.bitauto.com/wiki/100128060622/), 2025-05-21: "Geely Holding Group and Geely Automobile Holdings Limited have established a new company with Renault Group to research, develop, manufacture, and supply advanced hybrid powertrains and efficient fuel powertrains globally."

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