Renault has announced that it is forming a new partnership with Geely to launch a new electric vehicle company called Ampere.
The company will be used to create hybrid, carbon-free and low-emission technologies for cars, and they plan to supply a wide range of automakers.
Luca de Meo, CEO of Renault Group: “As Renault Group accelerates its transformation of Renaulution to capture value in the entire new automotive value chain, we are pleased to agree on plans for an ambitious partnership with Geely to further develop ICE and hybrid engine technologies. It will remain an important part of the automotive supply chain for decades. Coming. We will be able to offer best-in-class powertrain and electrical solutions to many OEM brands around the world, unleashing the market potential of this low-emission technology.”
Eric Lee, Chairman of Geely Group Holdings, said: “Today’s agreement with the Renault Group will create a world leader in hybrid technologies to provide advanced, highly efficient solutions to automakers around the world. We look forward to working with Luca de Meo and his Renault team to make This partnership is a reality. This agreement builds on our commitment to leverage our extensive technology expertise and portfolio of brands to continue our pioneering journey in sustainability and value creation that leads to consumer excellence.”
Ampere will supply Renault, Dacia, Geely Auto, Volvo Cars, Lynk & Co, Proton and also Nissan and Mitsubishi Motors Company, you can find out more details at the link below.
Source: Renault, Auto Express
Filed under: Auto News
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