Publisher: Maaal International Media Company
License: 465734
Tuesday, 15 April 2025
Aramco may acquire stake in Renault’s future thermal engine business – source
Saudi Aramco could take a stake in the future thermal engine business that Renault plans to separate from its electric vehicle (EV) division, a source familiar with the matter told Reuters on Thursday.
The source added that China’s Geely Automobile Holdings and an oil group were in talks over taking stakes in the fossil-fuel engine business.
Reuters said that this oil company is Saudi Aramco.
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