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Saturday, January 22, 2022

Fed Up, Renault Partners With Geely For Future Products


Despite being part of the Alliance with Nissan and Mitsubishi, French carmaker Renault has chosen a different partner as it seeks to beef up its presence in Asia: Geely.

Renault formally signed an agreement to build cars using Geely’s Compact Modular Architecture or CMA as well as its hybrid and internal combustion engine technologies. These products will be built at Renault’s facility in South Korea starting in 2024.

The collaboration will allow Renault not only to strengthen its product line-up in South Korea, but possibly expand its markets to include other parts of Asia. Meanwhile, Geely will likely use the Renault plant to build Lynk & Co-branded vehicles for the South Korean market as well as possibly export them to North America.

According to reports, Renault didn’t involve Nissan in its discussions with Geely. However, Renault CEO Luca de Meo is reportedly “fed up” and is “willing to rip the script the company and its alliance partner forged years ago to turn Renault around.”

2 comments:

  1. Does this mean that the Alliance really has many internal problems? Is it time to break up this alliance?

    ReplyDelete
    Replies
    1. even under Ghosn, the Alliance already has internal problems. it's one of the reasons why someone became a whistleblower, aside from his personal gains.

      Delete

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