China's Geely won't join Renault's EV company, says French carmaker

Renault to keep Chinese ties separate from alliance with Nissan

20230206N Geely

Chinese automaker Geely Automobile Holdings will invest in a combustion-engine venture with Renault but will not join the French automakers electric-vehicle unit Ampere. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Chinese automaker Geely Automobile Holdings will not join Renault's new electric-vehicle division, Renault's CEO said Monday after his company and Nissan Motor announced a reset of their alliance.

"We are not planning to let Geely enter into Ampere," Luca de Meo said, referring to the new unit for Renault's EV technology and software.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.