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Renault, Geely Join Hands to Produce New Cars in Brazil
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Renault Group announced that it will produce two new car models in Brazil in the second half of 2026, harnessing the production facilities of its Chinese partner, Geely Automobile. Both companies stated that they will invest BRL3.8 billion (USD714 million) to build an industrial park locally, while also creating a new zero-emission technology platform, which will serve as the foundation for Renault's new models to be launched in 2027. AASTOCKS Financial News Website: www.aastocks.com |
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