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Renault, Geely finalize Horse ICE joint venture

Aurobay Geely Skovde 2024 Arc
Geely's factory in Skovde, Sweden, will be among the plants making internal combustion components for Horse. (AUROBAY)
R
By:
Reuters
May 31, 2024 08:12 AM

Renault Group and Geely have finalized their Horse joint venture that will develop and build internal-combustion and hybrid engines, hoping to improve the competitiveness of their legacy auto business and free up resources for electrification.

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