Horse power: Renault-Geely engine unit speeds up as EV shift stutters

Core Insights - The joint venture between French carmaker Renault and China's Geely, which focused on combustion-engine operations, has gained renewed significance in the current automotive landscape [1] Company Overview - Renault and Geely established a venture in 2022 to manage their combustion-engine operations, which initially seemed to be a minor development in an industry shifting towards electric vehicles [1] Industry Context - The automotive industry is experiencing a transformation, with traditional combustion-engine technologies being overshadowed by electric vehicle advancements; however, the Horse Powertrain venture indicates a potential resurgence for combustion-engine technologies [1]