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Geely acquires 26.4 per cent of Renault do Brazil

Geely ex5 brazil launch
The cooperation between French carmaker Renault and Chinese competitor Geely in Brazil, first announced in February, is taking shape. The latter is acquiring a 26.4 per cent stake in Renault do Brasil – and Renault will be able to use Geely’s electric vehicle architecture, GEA, for the local market. Read more…

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