Renault, Geely to Invest €319 Million in Brazil, Expand Partnership
17 Articles
17 Articles
Renault will build in Brazil a new electrified model based on Geely's GEA platform. It is one of the most significant steps of the collaboration between the two groups, which in the South American country gave life in November 2025 to Renault Geely do Brasil. It will arrive in 2027 and will be the first model produced locally within the framework of the new futuREAy strategic plan of the French house. To support the project there is a new invest…
With the new contributions, the volume of resources contributed by companies in the country will reach R$ 5.35 billion by 2027
Partnership between the assemblers, started in November, includes a total contribution of R$ 5.8 billion by the end of 2027
Renault, Geely to invest €319 million in Brazil, expand partnership
PARIS, Sept 15 : Automakers Renault and Geely said on Tuesday they will make a new €319 million investment in Brazil, through their joint venture, reinforcing their industrial partnership in the largest Latin American market, where rival BYD has been gaining ground with its affordable pure electric and plug-in hyb
Renault Geely of Brazil announced a new round of investments for the factory of São José dos Pinhais (PR) to expand local production. More R$ 2 billion will be injected by 2027, adding to R$ 3.8 billion already announced in November 2025.
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