Renault, Geely Automobile May Be Bringing Aramco Into Engine Venture, Reuters Reports
17 Enero 2023 - 12:02AM
Noticias Dow Jones
-- French automobile maker Renault S.A. and China's Geely
Automobile Holdings Ltd. are looking to bring in Saudi Arabian
state oil producer Aramco as an investor into an engine venture,
Reuters reports, quoting people familiar with the matter.
-- The venture involves the development and supply of gasoline
engines and hybrid technologies, reports Reuters.
-- All three companies are working to complete a letter of
intent in the coming weeks, according to one of the sources
familiar with the matter, Reuters reports.
Full story: https://reut.rs/3HavsaD
Write to Justina Lee at justina.lee@wsj.com
(END) Dow Jones Newswires
January 17, 2023 00:47 ET (05:47 GMT)
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