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Renault and Geely establish HORSE Powertrain Limited for hybrid and combustion technologies
On May 31, Renault Group established HORSE Powertrain Limited (HORSE) with Geely Holding Group, and Geely Automobile Holdings Limited (collectively referred to above as Geely) based on the joint venture agreement on July 11, 2023. Each company will hold a 50% stake, and the JV will be headquartered in London, UK.
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