Geely and Renault to Jointly Develop Gasoline Engines and Hybrid Technology

China’s Geely Automobile Holdings (0175. HK) and French car maker Renault SA (RENA.PA) said on Tuesday they would invest up to 7 billion euros ($7.71 billion) in a new equally held joint venture to develop gasoline engines and hybrid technology for automobiles. The JV aims to manufacture more efficient internal combustion engines and hybrid systems … Continue reading Geely and Renault to Jointly Develop Gasoline Engines and Hybrid Technology