Renault Group and China's Geely are set to launch a joint venture company able to produce annually up to five million efficient powertrains, including hybrids and plug-in hybrids.
The JV will have 17 engine plants and five research and development centres across three continents, and will provide powertrain technology for their own brands plus other OEMs.
It is a sign that carmakers believe there is life yet in internal combustion engines, despite the UK and Europe's mandates for electric vehicles from the 2030s.
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An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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