Horse project
The Horse project[lower-alpha 1] is a proposed joint venture that is set to develop and manufacture internal combustion engined and hybrid powertrains. It would be owned by Renault and Geely.[2]
 | |
| Type | Joint venture (proposed) |
|---|---|
| Founded | November 8, 2022 (official announcement) |
Area served | Worldwide |
| Products | Internal combustion engines, hybrid systems, transmissions |
| Owners | |
Number of employees | 19,000[1] |
Tentatively named Horse project by Renault, the proposed 50-50 partnership[3] is set to develop the new powertrains in five global research and development centers.[4] The Renault Group and Geely namesake brands would be the first to receive the powertrains and they would later be supplied to Dacia, Volvo, Lynk & Co and Proton cars,[5] as well as Nissan and Mitsubishi Motors ones.[4] Sourcing to third parties is also part of the plan.
References
- provisional name
- "Renault to reorganise towards electric future". www.euractiv.com. November 8, 2022.
- "Renault And Geely Establish New Company To Produce ICE, Hybrid Powertrains". Motor1.com.
- "Renault Group: Renaulution, now Revolution". GlobeNewswire News Room. November 8, 2022.
- "Renault launches Ampere electric car business unit and Geely ICE joint-venture". Auto Express.
- "Renault has big plans for Dacia: more models and higher production". Romania Insider. November 9, 2022.
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