Saudi Aramco will take a 10 percent stake in the Horse powertrain joint venture with Renault and China’s Zhejiang Geely Holding, the companies said, a smaller commitment than originally signaled by the world’s biggest oil company.
Saudi Aramco will take a 10 percent stake in the Horse powertrain joint venture with Renault and China’s Zhejiang Geely Holding, the companies said, a smaller commitment than originally signaled by the world’s biggest oil company.
Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for noncompliance – face a daunting challenge