Renault Group and Geely Sign Joint Venture Agreement to Launch Leading Powertrain Technology Company

WSC Legal advised Geely Automobile Holdings Limited and Geely Holding Group on the creation in Argentina of a 50/50 joint venture with Renault Group. The JV is poised to become the global leader in developing, manufacturing, and supplying best-in-class hybrid and highly efficient internal combustion engine powertrains.  WSC Legal was led by partner Laurence P. Wiener and senior attorneys Magdalena Podio and Cristián Bruno.  Jones Day, led by Angel Huang (Partner, Mainland China), Leon N. Ferera (Partner, London) and Melissa Zhu (Of Counsel, Beijing), served as global advisers to Geely.

More information can be found here https://zgh.com/media-center/news/2023-07-11/?lang=en and here https://www.jonesday.com/en/practices/experience/2023/07/geely-forms-joint-venture-with-renault-group-to-launch-leading-powertrain-technology-company.

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