Renault Group and Geely sign JV agreement to launch powertrain technology company; hybrids and ICE
Green Car Congress
JULY 12, 2023
The joint venture company aims to have an annual production capacity up to five million internal combustion, hybrid and plug-in hybrid engines and transmissions per year. The new joint venture’s complementary product portfolio and regional footprint could offer solutions for 80% of the global ICE and hybrid market.
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