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Renault, China's Geely announced powertrain joint venture

Por: ABC News World November 08, 2022

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BEIJING -- Renault SA and China's Geely announced plans Tuesday for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs.The venture will have 17 plants with annual production capacity of 5 million powertrains, five research and development centers on three continents and some 19,000 employees, the companies said. They gave... + full article



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