Renault, Geely to make, sell zero & low emission cars in Brazil

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Shanghai (Gasgoo)-  On February 17, Renault Group and Geely Holding Group announced a framework agreement to expand their strategic cooperation in the production and sales of zero and low-emission vehicles through Renault do Brasil. As part of the agreement, Geely Holding will invest in Renault do Brasil as a minority shareholder, gaining access to localized production, sales, and service resources. The partnership remains subject to the signing of definitive agreements and regulatory approvals. Photo credit: Renault Group Under the collaboration, the two advanced production facilities of Renault Group's Ayrton Senna Complex in São José dos Pinhais, Paraná will be utilized to manufacture new vehicles for both Renault and Geely Holding, in addition to Renault's existing lineup. On the sales front, Renault do Brasil will become the distributor of Geely Holding's portfolio of zero and low-emission vehicles in Brazil. This will allow Geely to leverage Renault's commercial expertise and ………………………………