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Horse Powertrain Limited will produce ICEs, transmissions, hybrid systems, and batteries.<\/li>\n
Renault, Geely, Volvo, Proton, Nissan, and Mitsubishi will use engines sourced from the venture.<\/li>\n
The new company is owned 50-50 percent by Renault and Geely and is headquartered in London.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
Renault and Geely<\/a> have finalized their internal combustion engine joint venture. The new company, dubbed Horse Powertrain Limited, will be 50-50 owned by the two car manufacturers and plans to produce 5 million engines annually.<\/p>\n
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