Aramco signs LOI with Geely and Renault Group for new powertrain company to focus on lower emission technologies

Green Car Congress
By mmillikinMar 2, 2023, 10:30 am407 ptsTop
Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain technology company (PWT), to be established by Geely Holding Group, Geely Automobile Holdings Limited—collectively referred to as “Geely”—and Renault Group. The new company will be dedicated to internal…

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Aramco signs LOI with Geely and Renault Group for new powertrain company to focus on lower emission technologies

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