Automakers

Saudi Aramco to invest in Renault-Geely combustion-engine venture

Renault
(Andrey Rudakov/Bloomberg)
Sa
By:
Staff and wire reports
March 02, 2023 08:13 AM

Saudi Aramco has agreed to take a minority stake in Renault Group and Geely’s planned combustion-engine venture as the oil behemoth seeks to expand into transport technologies.

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