Renault: Aramco to acquire 10% of HORSE Powertrain Ltd.
Renault Group and Geely will each retain a 45% stake.
Aramco's investment will support the growth of HORSE Powertrain Limited and contribute to the development of a competitive powertrain and synthetic fuels offering.
HORSE Powertrain Limited's annual production is expected to reach five million powertrains, encompassing a comprehensive portfolio of advanced technologies for its partners worldwide.
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