HORSE Powertrain welcomes Aramco as strategic investor

Aramco to acquire equity in HORSE Powertrain

HORSE Powertrain Limited secures Aramco’s 10% equity investment to advance low-emission technologies.

HORSE Powertrain Limited, the newly established global powertrain solutions company by Renault Group and Geely, has secured a 10% equity investment from Aramco. This deal values HORSE at €7.4 billion, with Renault Group and Geely each retaining 45% equity stakes. The investment by Aramco will support HORSE’s growth and contribute to the development of competitive pow

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