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Horse (company)
Horse Powertrain Limited is a joint venture holding aimed at producing powertrains, including internal combustion engines (ICE) and hybrid systems. The venture holding was established in May 2024 and is equally owned by Renault and Geely (including Geely Holding and Geely Auto). It is headquartered in London, United Kingdom. The company has two major subsidiaries, including Aurobay, a former Geely-owned powertrain company operating in Sweden and China with 9,000 employees, and Horse, a former Renault powertrain division with 9,000 employees. History The joint venture project was announced in November 2022 and codenamed ''Horse project'' by Renault and ''Rubik project'' by Geely. The Renault Group and Geely namesake brands would be the first to receive the powertrains and they would later be supplied to Dacia, Volvo, Lynk & Co and Proton cars, as well as Nissan and Mitsubishi Motors ones. Sourcing to third parties is also part of the plan. In July 2023, Renault announced it ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Motor Vehicle Engine Manufacturers
An engine or motor is a machine designed to convert one or more forms of energy into mechanical energy. Available energy sources include potential energy (e.g. energy of the Earth's gravitational field as exploited in hydroelectric power generation), heat energy (e.g. geothermal), chemical energy, electric potential and nuclear energy (from nuclear fission or nuclear fusion). Many of these processes generate heat as an intermediate energy form, so heat engines have special importance. Some natural processes, such as atmospheric convection cells convert environmental heat into motion (e.g. in the form of rising air currents). Mechanical energy is of particular importance in transportation, but also plays a role in many industrial processes such as cutting, grinding, crushing, and mixing. Mechanical heat engines convert heat into work via various thermodynamic processes. The internal combustion engine is perhaps the most common example of a mechanical heat engine, in which h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intellectual Property
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in the majority of the world's legal systems."property as a common descriptor of the field probably traces to the foundation of the World Intellectual Property Organization (WIPO) by the United Nations." in Mark A. Lemley''Property, Intellectual Property, and Free Riding'', Texas Law Review, 2005, Vol. 83:1031, page 1033, footnote 4. The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hangzhou
Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, which separates Shanghai and Ningbo. Hangzhou grew to prominence as the southern terminus of the Grand Canal and has been one of China's most renowned and prosperous cities for much of the last millennium. It is a major economic and e-commerce hub within China, and the second biggest city in Yangtze Delta after Shanghai. Hangzhou is classified as a sub-provincial city and forms the core of the Hangzhou metropolitan area, the fourth-largest in China after Guangzhou-Shenzhen Pearl River agglomeration, Shanghai-Suzhou-Wuxi-Changzhou conurbation and Beijing. As of 2019, the Hangzhou metropolitan area was estimated to produce a gross metropolitan product ( nominal) of 3.2 trillion yuan ($486.53 billion), making it larger than the economy of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aramco
Saudi Aramco ( ar, أرامكو السعودية '), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company) or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. , it is one of the largest companies in the world by revenue. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. It is the single greatest contributor to global carbon emissions of any company in the world since 1965. On 11 May 2022, Saudi Aramco became the largest (most valuable) company in the world by market cap, surpassing Apple Inc. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2013 crude oil production total was , and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Saudi Aramco operates the Ghawar F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi Motors
is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan.Corporate Profile , Mitsubishi Motors website, 19 June 2008 In 2011, Mitsubishi Motors was the sixth-largest Japanese automaker and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, thus a part of the . Besides being part of the Renault–Nissan–Mitsub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nissan
, trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun brands, with in-house performance tuning products (including cars) labelled Nismo. The company traces back to the beginnings of the 20th century, with the Nissan '' zaibatsu'', now called Nissan Group. Since 1999, Nissan has been part of the Renault–Nissan–Mitsubishi Alliance (Mitsubishi joining in 2016), a partnership between Nissan and Mitsubishi Motors of Japan, with Renault of France. , Renault holds a 43.4% voting stake in Nissan, while Nissan holds a 15% non-voting stake in Renault. Since October 2016 Nissan has held a 34% controlling stake in Mitsubishi Motors. In 2013, Nissan was the sixth largest automaker in the world, after Toyota, General Motors, Volkswagen Group, Hyundai Motor Group, and Ford. In 2014, Nissan was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proton Holdings
Proton Holdings Berhad (PHB; informally Proton) is a Malaysian automotive company and automobile corporation active in automobile design, manufacturing, distribution and sales. Proton was established in 1985 as Malaysia's sole national badged car company until the advent of Perodua in 1993. The company is headquartered in Shah Alam, Selangor, and operates additional facilities at Proton City, Perak. Proton is a Malay acronym for Perusahaan Otomobil Nasional (National Automobile Company). Proton was originally a manufacturer of rebadged versions of Mitsubishi Motors (MMC) products in the 1980s and 1990s. Proton produced its first indigenously designed (though Mitsubishi-engined), non-badge engineered car in the year 2000, and elevated Malaysia as the 11th country in the world with the capability to design cars from the ground up. Since the 2000s, Proton has produced a mix of locally engineered and badge engineered vehicles. Proton cars are currently sold in at least 15 cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lynk & Co
Lynk & Co () is a Chinese-Swedish automobile brand owned by Geely Automobile Holdings. Founded in Gothenburg, Sweden in 2016, the focus of the brand is on internet connectivity and innovative purchasing models, and targets a young professional demographic. Models Lynk & Co has announced three models intended for production, all based on the Compact Modular Architecture (CMA) platform developed by CEVT and used also by Volvo. The first product announced by Lynk & Co was the crossover 01, the production version first shown at the 2017 Auto Shanghai show. Production of the 01 began first in China in 2017. A concept of the second model, the 03 sedan, was first shown along with the production 01 in Shanghai. The third model, also based on the platform shared with the Volvo XC40, is the 02. Smaller than the 01, it is also a crossover. Current models are as follows: * Lynk & Co 01 (2017–present), a compact SUV * Lynk & Co 02 (2018–present), a compact hatchback and a compac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volvo Cars
Volvo Cars ( sv, Volvo personvagnar, styled VOLVO in the company's logo) is a Sweden, Swedish multinational manufacturer of luxury vehicles headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans. The company's main marketing arguments are automotive safety, safety and its Swedish heritage and design. Volvo Cars has been separate from its former parent conglomerate and producer of heavy trucks, buses, and construction equipment (among others) AB Volvo since 1999 when AB Volvo sold its automobile division Volvo Cars to Ford Motor Company. In 2010, Ford sold loss-making Volvo Cars to the company Geely. Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely still retains majority ownership. Volvo Cars and AB Volvo both share the Volvo logo, and cooperate in running the Volvo Museum. In March 2021, Volvo Cars announced that it would be a fully electric brand by 2030. In June 2021, Volvo Cars and Swedish b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobile Dacia
S.C. Automobile Dacia S.A., commonly known as Dacia (), is a Romanian car manufacturer that takes its name from the historical region that constitutes present-day Romania. The company was established in 1966. In 1999, after 33 years, the Romanian government sold Dacia to the French car manufacturer Groupe Renault. It is Romania's largest company by revenue and the largest exporter, constituting 8% of the country's total exports in 2018. In 2021, the Dacia marque sold 537,074 passenger and commercial vehicles. From January 2021 onwards the Dacia company became part of Renault's Dacia-Lada business unit. In May 2022, Renault sold Lada's parent company AvtoVAZ to Russian state-owned institute NAMI. History The first facility in the area was built between 1942 and 1945, as an extension of the IAR aircraft manufacturer. The new factory, built in the Colibași-Pitești area under the order of Marshal Ion Antonescu ('' conducător'' of Romania during World War II), was schedule ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
