Renault, Geely Invest 2B Reais in Brazil JV
7 Articles
7 Articles
The strategic alliance between Renault and Geely is accelerating in Brazil, with a major investment, a rise in Geely's capital and prospects for expansion in South America.
Renault has confirmed that it will produce in Brazil, from 2027, a new vehicle based on the GEA platform (Global Intelligent Electric Architecture), developed by Chinese Geely. The model will be manufactured in the Industrial Complex Ayrton Senna, in São José dos Pinhais, Paraná.The advertisement is part of a new investment cycle of R$ 2 billion from Renault Geely of Brazil.With the contribution, the investments planned by the company between 20…
Renault and Geely are strengthening their partnership in Brazil with a new investment of €319 million, including the production of new electrified models on the French manufacturer's industrial site.
Renault Geely of Brazil has confirmed a new investment cycle of R$ 2 billion in the country. The company already has factories in Paraná and employs about 5,000 employees.The announcement took place on Wednesday, 16, in Brasília, after a direct meeting with President Luiz Inácio Lula da Silva (PT). The focus of the investment is on the production of a new Renault electrified vehicle already next year. Motive behind the movementMovement is part o…
Renault Geely do Brasil mobilises 899 million euros between 2025 and 2027 to transform the Ayrton Senna plant into an electric production hub. The additional investment of 319 million announced in September 2026 secures 5,100 jobs...
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