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Renault, Geely Unveil R$3.8 Billion Brazil Plan, Launch Joint Unit for 2026–2027 EV Program

The tie-up gives Geely a stake in Renault’s Brazil unit to accelerate electrified models for the region.

Overview

  • Geely is acquiring a 26.4% stake in Renault do Brasil as the partners create Renault Geely do Brasil, led by Ariel Montenegro.
  • The R$3.8 billion investment will modernize the São José dos Pinhais complex to support localized multi‑energy vehicle production.
  • Two Geely vehicles built on a new zero/low‑emissions platform are slated to enter production in the second half of 2026.
  • Renault plans a redesign of an existing model in the same 2026 window and a new electrified model on a fresh platform in 2027.
  • The partnership combines Geely’s platforms with Renault’s distribution and engineering base in Brazil, with specific model names and technical details still undisclosed.