GEELY AUTO(HK:00175) Cai Jing Wang·2025-11-19 07:47Core Insights - Renault-Geely Brazil Company announced an investment of 3.8 billion Brazilian Reais (approximately 5.1 billion RMB) to promote the localization of new energy technology platforms and related models in Brazil [1][3] - This investment aims to enhance the capacity utilization of industrial parks and accelerate Geely's expansion into the new energy market in Latin America [1][3] Group 1 - The investment will facilitate the localized production of two new models based on Geely's GEA new energy architecture, with plans to launch them in the Brazilian market in the second half of 2026 [3] - A new energy technology platform will be developed, with the first Renault model based on this platform expected to be produced in 2027 [3] - Geely's EX5 and EX2 models have already been launched in Brazil through Renault's dealership network, indicating the initial steps of their collaboration [3] Group 2 - The partnership enhances competitiveness in Brazil, the largest automotive market in Latin America, allowing Renault to leverage Geely's new energy technology to expand its product line [4] - Geely can quickly enter the Brazilian market through Renault's dealership network, creating a "technology output - capacity sharing - market co-creation" global layout [4] - The strategic cooperation follows previous initiatives, including a joint project in South Korea and the establishment of a global powertrain company, HORSE Powertrain [3]