Automakers

Geely, oil group could take stakes in Renault engine company, report says

Renault logo on building new 2022
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By:
Reuters
August 30, 2022 05:25 PM

PARIS -- China's Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit that Renault plans to separate from its electric vehicle business, two sources close to the French automaker said.

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