Thursday, November 14, 2024
Renault and Geely have jointly established HORSE Powertrain in the UK, specializing in combustion and hybrid drivetrains. This entity will cater to industrial clients like Nissan, Mitsubishi Motors, Proton, and more. The venture aims to enhance traditional auto operations with advanced powertrain solutions, focusing on fuel efficiency and sustainability.
Volkswagen has chosen to move forward independently with its affordable EV project after concluding discussions with Renault. The decision to end talks with Renault pertains to the collaborative development of an affordable electric version of the Twingo, impacting the competitive landscape against Chinese automotive brands in Europe.
Rimac Technology enters partnership with BMW to power Latest EVs. This is a significant collaboration following Rimac's work with other big players in the industry. The technology is known for developing powertrains.
Nissan's potential investment in Fisker could mark a strategic move in the EV market. Discussions involve a significant investment by Nissan, granting access to Fisker's electric pickup truck. This partnership may provide vital support to Fisker amid financial challenges while aligning with Nissan's long-term goals and its recent alliance restructuring with Renault.
