GEELY AUTO(HK:00175) Huan Qiu Wang·2025-11-03 09:04Core Insights - Geely Holding Group and Renault Group have signed a final strategic cooperation agreement to enhance collaboration in the Brazilian market, focusing on the production and sales of new energy vehicles [1][3] - Geely will acquire a 26.4% stake in Renault Brazil, while Renault will maintain its controlling shareholder status and consolidate financial statements [1] - The partnership allows Geely to share Renault Brazil's production capacity and market network, accelerating its expansion in the Latin American automotive market [1] Group 1 - Geely's electric SUV model EX5 will be sold through Renault's brand dealership network across Brazil, creating new growth opportunities in sales, finance, and after-sales services [1] - Renault will leverage advanced new energy technologies to expand its product line and meet the electric vehicle demand in the Brazilian market [3] - The Elton Senna Industrial Park in southern Brazil will produce both Renault and Geely brand products, enhancing production capacity utilization and competitiveness of Renault Brazil [3]