BEIJING -- Volvo Car owner Geely will team up with the Renault group on hybrid vehicles in China and South Korea, in the latest European alliance for the largest private-sector Chinese automaker in the world's biggest auto market.
Joint venture to build cars under French company's brand in world's largest market
A Renault hybrid vehicle: The French automaker is eyeing a slice of what stands to be an enormous market for low- and zero-emissions cars. © Reuters
BEIJING -- Volvo Car owner Geely will team up with the Renault group on hybrid vehicles in China and South Korea, in the latest European alliance for the largest private-sector Chinese automaker in the world's biggest auto market.