Renault, China’s Geely Sign $8.8 Billion Powertrain Tie-Up
France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co. to set up a new combustion engine and hybrid powertrain company.
July 11, 2023Nissan Says New Powertrains May Cut Hybrid Costs Up to 30%
Nissan Motor Co. is developing new modular powertrains that will help streamline production and drive manufacturing costs for hybrid cars down by as much as 30%.
March 9, 2023Renault, China’s Geely Announce Powertrain Joint Venture
Renault SA and China’s Geely announced plans on Nov. 8 for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs.
November 8, 2022Xos Forms Powertrain Division
Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.
June 18, 2021CEOs Pivot Business Models to Feature Electrification
GRAPEVINE, Texas — Rick Dauch, CEO of Delphi Technologies, maker of fuel injectors for the light and commercial vehicle sectors, told an audience of aftermarket experts the powertrain space will consolidate very quickly over the next 12 months to five years.
February 5, 2020