Morningstar

Renault, Geely Progress Brazilian Partnership With $368 Million Plant Investment

Provided by Dow Jones Sep 16, 2026, 6:09:00 AM

By Adam Whittaker

French car maker Renault and China's Geely plan to invest 319 million euros, equivalent to $368.2 million, in Brazilian manufacturing capabilities.

The two manufacturers are partners in the South American country after a 2025 agreement saw Geely acquire a 26.4% stake in Renault do Brasil.

The investment will fund the production of a new electrified Renault vehicle and the Renault Hybrid E-Tech 4x4 flex-fuel technology in Brazil in 2027, the companies said Tuesday.

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

September 16, 2026 02:09 ET (06:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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