Renault has announced a new partnership with Geely to launch a new electric car company called Ampere.
The company will be used to create hybrid, carbon-free and low-emission technologies for cars and plans to supply products to a wide range of automakers.
Luca De Mayo, CEO of Groupe Renault: “As Groupe Renault accelerates its transformation of Renault to capture value throughout the new automotive value chain, we are delighted to enter into an ambitious partnership with Geely to continue the development of the internal combustion engine and hybrid engine technology, which will remain a key part of the automotive supply chain for decades to come. We will be able to deliver best-in-class powertrain and electrification solutions to multiple OEM brands around the world, unlocking the market potential of this low-emission technology .”
Li Qiyuan, Chairman of Geely Holding Group, said: “Today’s agreement with Groupe Renault will help build a global leader in hybrid technology and provide efficient and advanced solutions for global automakers. We look forward to working with Luca de Meo and his Renault The team worked together to make this partnership a reality. This agreement builds on our commitment to leverage our group’s extensive technology expertise and brand portfolio to continue our pioneering journey in sustainability and value creation, resulting in Bringing great consumers.”
Ampere will supply Renault, Dacia, Geely Automobile, Volvo Cars, Lynk & Co, Proton as well as Nissan and Mitsubishi Motors, you can find more details in the link below.
Source Renault, Auto Express
Filed Under: Automotive News
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