Renault, Geely to produce low-emission vehicles in Brazil

Quick Summary:

PARIS : French automaker Renault and its Chinese partner Geely said in a joint statement on Monday that they had agreed to produce and sell zero- and low-emission vehicles in Brazil.

Reuters reported last week that the two firms were set to announce a deal on expanding their cooperation to Brazil as they seek new growth markets amid broadening global trade wars.

FILE PHOTO: The logo of Renault is seen on a car in Brussels, Belgium January 16, 2025.

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Article Details

Category: EconomyBusiness

Markets: SingaporeBelgiumBrazil

Topics: File Geely Chinese Holding Photo: Brasil Partner Brazil 2025 Renault Logo

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 01:11:33 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26230017

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