Geely, Renault plan Brazil push

Geely and Renault will invest BRL 3.8 billion in Brazil to co-develop new models, including two vehicles built on Geely’s zero- and low-emission platform starting in late 2026. Additional funding will refresh Renault’s lineup through 2027. Geely’s deal to buy 26% of Renault’s Brazil unit expands access to its distribution and engineering network.