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09 Nov
06:17

Geely, Renault sign JV agreement

Leading Chinese automaker Geely Automobile Holdings has signed a non-binding framework agreement with its parent company Zhejiang Geely Holding Group and French automaker Renault. They plan to form a joint venture to integrate advantages in internal combustion engine, hybrid, and plug-in hybrid powertrain and transmission businesses and other related technologies.  According to Geely Auto's announcement via the Hong Kong Stock Exchange, they sig…
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