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Geely acquires 26.4% stake in Renault do Brasil to increase EV expansion

On November 3, Renault Group announced that Geely Holding, and Geely Automobile Holdings have signed agreements to acquire a 26.4% stake in Renault do Brasil.
The deal expands cooperation to produce and sell zero- and low-emission vehicles for both Renault and Geely brands in Brazil. Renault will remain the majority ....

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