The oil multinational Saudi Aramco is investing in a new engine joint venture of the French carmaker Renault and the Chinese manufacturer Geely. The shares of Renault and Geely are equal in each case, Aramco will receive a minority share, the companies announced on Thursday. Manager magazin had already reported in October last year on… Continue reading German Manager Magazin: Aramco: Saudi oil multinational joins Renault and Geely engine company002345
Tag: Geely
EV maker Polestar’s Q4 loss narrows, won’t engage in price wars
Demand for electric cars has weakened for U.S. EV startups Rivian and Lucid, with both carmakers forecasting 2023 production well below analyst estimates. By Marie Mannes Electric vehicle (EV) maker Polestar on Thursday posted a smaller quarterly loss, maintained its 2023 production outlook and said it would not engage in price wars while weakening demand… Continue reading EV maker Polestar’s Q4 loss narrows, won’t engage in price wars
Renault, Geely ink deal with Saudi Aramco for engine venture
(Reuters) — Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French carmaker Renault and China’s Geely Automobile Holdings plan to set up jointly, they said on Thursday. Reuters reported in January that Aramco has been involved in advanced discussions to take a stake of up… Continue reading Renault, Geely ink deal with Saudi Aramco for engine venture
Network restructuring: 65 Volvo dealers terminated
Go to Source
RENAULT GROUP: Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies
Joint Press Release Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies Planned Aramco investment would support development of synthetic fuel solutions, and next-gen hydrogen technologies New company aims to have an annual production capability of more than five million internal combustion, hybrid and… Continue reading RENAULT GROUP: Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies
RENAULT GROUP : Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions
Communiqué de presse conjoint Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions L’investissement prévu d’Aramco viserait à soutenir le développement de solutions de carburants synthétiques et de technologies d’hydrogène de nouvelle génération. L’établissement de la nouvelle entreprise aura une capacité de production… Continue reading RENAULT GROUP : Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions
@Renault: RENAULT GROUP: Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies000477
Joint Press Release Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies Planned Aramco investment would support development of synthetic fuel solutions, and next-gen hydrogen technologies New company aims to have an annual production capability of more than five million internal combustion, hybrid and… Continue reading @Renault: RENAULT GROUP: Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies000477
@Renault: RENAULT GROUP : Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions000476
Communiqué de presse conjoint Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions L’investissement prévu d’Aramco viserait à soutenir le développement de solutions de carburants synthétiques et de technologies d’hydrogène de nouvelle génération. L’établissement de la nouvelle entreprise aura une capacité de production… Continue reading @Renault: RENAULT GROUP : Aramco signe une lettre d’intention avec Geely et Renault Group pour rejoindre la nouvelle entreprise de groupes motopropulseurs à faibles émissions000476
Annual General Meeting of AB Volvo
AB Volvo (publ) (“Volvo”) gives notice to attend the Annual General Meeting at Konserthuset, Götaplatsen, Göteborg, Tuesday, April 4, 2023, at 3.00 p.m. GOTHENBURG, Sweden, March 2, 2023 /PRNewswire/ — Volvo warmly welcomes its shareholders to the Annual General Meeting. The main entrance of Konserthuset opens for registration at 2.00 p.m. and the Annual General Meeting… Continue reading Annual General Meeting of AB Volvo
Renault, Geely ink pact with Aramco for engine venture
Geely and Renault are expected to retain equal equity stakes in the new independent entity. French car maker Renault SA signed a deal with Aramco and China’s Geely Automobile Holdings Ltd in which the Saudi oil producer would become a potential minority stakeholder in a new powertrain technology company, the companies said in a joint… Continue reading Renault, Geely ink pact with Aramco for engine venture