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Saudi Aramco will not increase its stake in Horse Powertrain by more than 10% - L'Usine Nouvelle

The Saudi oil giant Aramco, which announced in June that it had acquired a 10% stake in Horse Powertrain, does not plan to increase its stake in this new entity, owned in collaboration with Renault and Geely. But the oil company is multiplying projects in the automotive sector. 10% will suffice. Saudi [...] Read the article
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The Saudi oil giant Aramco, which announced in June that it had acquired a 10% stake in Horse Powertrain, does not plan to increase its stake in this new entity, owned in collaboration with Renault and Geely. But the oil company is multiplying projects in the automotive sector. 10% will suffice. Saudi [...] Read the article

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usinenouvelle.com broke the news in on Tuesday, September 3, 2024.
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