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Aramco signs letter of intent with Geely and Renault Group for new powertrain company to focus on lower emission technologies

Planned Aramco investment would support development of synthetic fuel solutions, and next-gen hydrogen technologies New company aims to have an annual production capability of more than five million internal combustion, hybrid and plug-in hybrid engines and transmissions per year Dhahran, Saudi Arabia, Hangzhou, Hong Kong SAR, China, Boulogne-Billancourt, France, March […]