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Renault, Geely to produce low-emission vehicles in Brazil

  • Renault and Zhejiang Geely agreed to expand their cooperation on low-emission vehicle production.
  • Under the deal, Geely will invest to become a minority stakeholder in Renault, gaining access to resources.
  • Renault will distribute Geely's low-emission vehicles in Brazil, enhancing its market presence.
  • Brazil is noted as the second largest market for exporting electric vehicles from China, following Belgium.
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Expansion broke the news in on Wednesday, February 12, 2025.
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