Geely and Renault joint venture will develop internal combustion and hybrid tech
The JV aims to have an annual production capacity of up to five million internal combustion, hybrid andReuters reported in March that the new venture will see 15 billion euros in annual revenue.
Saudi Aramco, which signed a letter of intent with Renault and Geely in March, is evaluating a strategic investment in the new company, Renault said. The Saudi oil producer has been involved in advanced discussions to take a stake of up to 20% in the JV, sources said earlier this year.engines in recent years. But a deal here would make Aramco the first major oil producer to invest in the car business.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Max Verstappen takes 6th straight F1 victory at British Grand Prix - AutoblogStarting on pole position, Verstappen was overtaken by McLaren's Norris in what he admitted was a “terrible” start but swept back into the lead on lap five and held on until the end.
Leer más »
The Best Electric Garage Heaters In 2023 - AutoblogIt's best to be have a comfortable temperature in the garage. Check out these electric garage heaters to stay warm when working or relaxing in the garage.
Leer más »
2024 Chevrolet Blazer EV SS arrival pushed to next year - AutoblogChevrolet has pushed the 2024 Blazer EV SS arrival to 2024. The automaker didn't give a reason, but you can see the EV CUV in the Barbie movie for now.
Leer más »
New twist on NIMBY: No factory in my backyard - AutoblogFord has faced resistance to a new plant in Michigan, in the latest iteration of a phenomenon known as NIMBY, which stands for 'Not In My Back Yard.'
Leer más »
2023 Mitsubishi Triton detailed with new frame, new diesel engine - AutoblogThe next-generation Mitsubishi Triton (known as the L200 in some markets) due out in July 2023 will receive a new frame and a new turbodiesel engine.
Leer más »
Koenigsegg shows production Gemera with TTV8 option - AutoblogKoenigsegg shows production Gemera with TTV8 option. For $400K, buyers can have the Jesko's V8 with more power and V8 sounds.
Leer más »