Renault, Geely likely to forge engine tie-up by month-end

Renault, Geely likely to forge engine tie-up by month-end

FILE PHOTO: A Renault 5 E-TECH Electric Prototype car is displayed during Renault Group capital market day for its new electric vehicle unit Ampere, in Paris, France, November 15, 2023. REUTERS/Gonzalo Fuentes/File Photo

French carmaker Renault and Chinese rival Geely expect to finalise a joint venture for their combustion and hybrid engines towards the end of February, two sources close to the matter told Reuters.