Renault and Geely commit $714m to joint vehicle projects in Brazil

Renault Group and China’s Geely will invest 3.8bn reais ($714m) in Brazil to jointly develop new vehicles. The plan includes allocating part of the funds to Geely’s new zero- and low-emissions technology (GEA) platform. This architecture will serve as foundation for two new models scheduled to enter production in the second half of 2026. Remaining capital will go towards renovating a current Renault model for 2026 launch and introducing a further new vehicle in 2027. The investment was announced at Ayrt ...