Tag: Geely

@Renault: Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely000628

Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely Aramco has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited (“HORSE”) valuing the target at €7.4 billion enterprise value. Renault Group and Geely each retain 45% equity stakes.… Continue reading @Renault: Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely000628

@Renault: Aramco va acquérir une participation de 10 % au capital de HORSE Powertrain Limited, la nouvelle société mondiale de moteurs et transmissions créée par Renault Group et Geely000627

Aramco va acquérir une participation de 10 % au capital de HORSE Powertrain Limited, la nouvelle société mondiale de moteurs et transmissions créée par Renault Group et Geely Aramco a signé des accords définitifs pour acquérir une participation de 10 % au capital de HORSE Powertrain Limited, valorisant la société à 7,4 milliards d’euros. Renault Group et… Continue reading @Renault: Aramco va acquérir une participation de 10 % au capital de HORSE Powertrain Limited, la nouvelle société mondiale de moteurs et transmissions créée par Renault Group et Geely000627

Aramco to buy 10% stake in Renault-Geely thermal engines JV

Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing the business at 7.40 billion euros ($7.93 billion). Geely and Renault will own around 45% each of the powertrain venture, called Horse Powertrain, which will supply gasoline engines,… Continue reading Aramco to buy 10% stake in Renault-Geely thermal engines JV

Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely

Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely Aramco has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited (“HORSE”) valuing the target at €7.4 billion enterprise value. Renault Group and Geely each retain 45% equity stakes.… Continue reading Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely

Aramco va acquérir une participation de 10 % au capital de HORSE Powertrain Limited, la nouvelle société mondiale de moteurs et transmissions créée par Renault Group et Geely

Aramco va acquérir une participation de 10 % au capital de HORSE Powertrain Limited, la nouvelle société mondiale de moteurs et transmissions créée par Renault Group et Geely Aramco a signé des accords définitifs pour acquérir une participation de 10 % au capital de HORSE Powertrain Limited, valorisant la société à 7,4 milliards d’euros. Renault Group et… Continue reading Aramco va acquérir une participation de 10 % au capital de HORSE Powertrain Limited, la nouvelle société mondiale de moteurs et transmissions créée par Renault Group et Geely

@niche: Workhorse (WKHS) Adds Eco Auto to Its Certified Dealer Network003418

Workhorse Group Inc. WKHS announced that Eco Auto has joined its Workhorse Certified Dealer Network, becoming the company’s first dealer in the Greater Boston area and the 13th across the nation. Located in Tewksbury, MA, northwest of Boston, Eco Auto focuses on providing sustainable commercial vehicle solutions for businesses. Massachusetts is a leading state for… Continue reading @niche: Workhorse (WKHS) Adds Eco Auto to Its Certified Dealer Network003418

BEV sales in Europe see largest decline in May, down 11% 

After recording a 15% year-on-year increase in April 2024 (144,588 units), demand for battery electric vehicles (BEVs) in Europe fell by 9% month on month, and by 11% YoY to 151,237 units in May 2024. According to JATO Dynamics’ data for 28 European markets, European new passenger car registrations totalled 1,087,699 units in May –… Continue reading BEV sales in Europe see largest decline in May, down 11% 

BEV sales in Europe see largest decline in May, down 11% 

After recording a 15% year-on-year increase in April 2024 (144,588 units), demand for battery electric vehicles (BEVs) in Europe fell by 9% month on month, and by 11% YoY to 151,237 units in May 2024. According to JATO Dynamics’ data for 28 European markets, European new passenger car registrations totalled 1,087,699 units in May –… Continue reading BEV sales in Europe see largest decline in May, down 11% 

Chinese automakers expected to achieve 33% global market share by 2030

A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & Export Fair Pazhou Complex in Guangzhou, Guangdong Province of China, on Nov. 17, 2023. Vcg | Visual China Group | Getty Images Chinese automakers are expected to continue rapidly expanding outside of their home country… Continue reading Chinese automakers expected to achieve 33% global market share by 2030