Geely will include eight powertrain plants in China and one in Sweden in its future combustion engine joint venture with Renault and Saudi Aramco , two sources close to the matter said.
Code-named "Horse" by Renault and "Rubik" by China's Geely, the JV was signed into develop more efficient gasoline engines and hybrid systems at a time when the auto industry is focused on the capital-intensive transition to battery electric vehicles.
Renault has previously said the Horse project will have 17 plants - eight from the French carmaker in Latin America, Europe and Turkey - and nine from Geely. and Geely in 2021, which is now fully owned by Geely - eight are based in China and one is in Skovde, Sweden. Geely will bring all of its engine and transmission plants to the JV, but not its electric powertrains.
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