Aramco completes acquisition of 10% stake in Renault — Geely’s Horse Powertrain
Aramco’s investment is expected to accelerate Horse Powertrain’s efforts to develop next‑generation ICE and hybrid powertrains
Aramco, one of the world’s leading integrated energy and chemicals companies, through a directly and wholly owned subsidiary, Aramco Asia Singapore Pte. Ltd., has completed the purchase of a 10% equity stake in Horse Powertrain, Geely announced Dec. 2.
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