Renault and Geely sign MoU to focus on hybrid vehicles in China, Korea
Both companies plan to develop Renault-branded hybrid vehicles on Geely’s open EV architecture
French vehicle manufacturer, Renault Group and one of China’s leading carmakers, Geely Holding Group have signed a MoU framework to focus on the growing hybrid vehicle market in China and South Korea, the two companies said in a joint statement released on 9 August.
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