Geely Acquires 26.4% Stake in Renault Brazil

Geely has purchased a 26.4% stake in Renault’s Brazilian operations, forming a new joint venture. This strategic move accelerates Geely’s entry into the Latin American market and boosts Renault’s local electrification efforts.

The partnership will leverage Renault’s manufacturing base and dealer network in Brazil. Future plans include launching new vehicles based on Geely’s advanced electrified platforms, with local production of new models expected to begin by 2026.

This collaboration combines Geely’s EV technology with Renault’s established market presence, positioning the alliance as a key player in Brazil’s evolving automotive sector and the transition to sustainable mobility.