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Reuters reveals Geely, oil group could take stakes in Renault engine company

Reuters exclusively reported China’s Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit Renault plans to separate from its electric vehicle business. But Renault’s alliance partner, Japanese carmaker Nissan, does not plan to take a stake in the combustion engine unit. 

The post Reuters reveals Geely, oil group could take stakes in Renault engine company appeared first on Reuters News Agency.

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