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Aramco, Saudi Aabia to invest in new powertrain company by Geely and Renault
On March 2, Aramco signed a letter of intent (LoI) to become a potential minority stakeholder in a new powertrain technology company (PWT), to be established by Geely Holding Group (Geely Holding), Geely Automobile Holdings Limited (Geely Auto) (collectively referred to as “Geely”) and Renault Group.
The new company ....
The new company ....
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