Renault’s engine factory in Valladolid, Spain, now part of the group’s Horse unit
JV with Geely as 50-50 partner expected to be finalized, with Aramco also weighing investment. Horse will develop and build more than 5 million internal-combustion powertrains a year at more than a dozen factories. Renault’s side of the planned Horse internal-combustion JV has begun operations, with 9,000 employees, eight manufacturing sites and three research centers.…
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