Geely acquires existing production capacity from rivals to accelerate NEV expansion

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Auto giant Geely is delivering on its promise to massively scale up global production without building new manufacturing capacity.
On November 3, the company announced it had acquired a 26.4% minority stake in French automaker Renault’s Brazilian subsidiary.

The deal will grant Geely access to Rena...

Geely acquires existing production capacity from rivals to accelerate NEV expansion

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