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Horse Powertrain
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 had ... [...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.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Western Europe, with a population of 14.9 million. London stands on the River Thames in southeast England, at the head of a tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Roman Empire, Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of Government of the United Kingdom, the national government and Parliament of the United Kingdom, parliament. London grew rapidly 19th-century London, in the 19th century, becoming the world's List of largest cities throughout history, largest city at the time. Since the 19th cen ... [...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; thus 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 hea ... [...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 most of the world's List of national legal systems, 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. Supporters of intellectual property laws often describe their main purpose as encouragin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hangzhou
Hangzhou, , Standard Mandarin pronunciation: ; formerly romanized as Hangchow is a sub-provincial city in East China and the capital of Zhejiang province. With a population of 13 million, the municipality comprises ten districts, two counties, and one county-level city in northwestern Zhejiang. It is situated at the head of Hangzhou Bay and the estuary of the Qiantang River. Established as a county seat in 221 BC, Hangzhou later served as the capital of the Wuyue Kingdom (923–997) and the Southern Song dynasty (1138–1276). The city has three UNESCO World Heritage Sites, which are the West Lake Cultural Landscape, the Grand Canal, and the Archaeological Ruins of Liangzhu City. Hangzhou is designated as a sub-provincial city. Hangzhou ranked ninth in GDP among mainland Chinese cities and 14th according to the Global Innovation Index. The city hosts the headquarters of Alibaba Group, Ant Group, DeepSeek, Geely, and NetEase. According to the Nature Index, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aramco
Saudi Aramco ( ') or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. , it is the fourth- largest company in the world by revenue and is headquartered in Dhahran. 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. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2024, its oil production total was 12.7 million barrels of oil equivalent per day, 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. Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world's largest onshore oil field) and the Safaniya Field (the world's largest offshore oil field). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsubishi Motors
is a Japanese Multinational corporation, multinational Automotive industry, 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, and included in the Renault–Nissan–Mitsubishi Alliance. Besides being part of the Renault–Nissan–Mitsubishi Alliance, it is also a part of Mitsubishi Group, Mitsubishi ''keiretsu'', formerly the biggest industrial group in Japan. The company was originally formed in 1970 from the automotive division of Mitsubishi Heavy Industries. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nissan
is a Japanese multinational Automotive industry, automobile manufacturer headquartered in Yokohama, Kanagawa, Japan. The company sells its vehicles under the ''Nissan'' and ''Infiniti'' brands, and formerly the ''Datsun'' brand, with in-house performance tuning products (including cars) under the Nismo and Autech brands. The company traces back to the beginnings of the 20th century, with the Nissan ''zaibatsu'' or 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 15% voting stake in Nissan, while Nissan holds the same stake in Renault. Since October 2016, Nissan held a 34% controlling stake in Mitsubishi Motors. In November 2024, Nissan reduced its stake in Mitsubishi Motors from 34% to 24%. Nissan planned to merge with Honda Motor Company in 2026, after an announcement in December 2024. However by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proton Holdings
Proton Holdings Berhad, commonly known as Proton (stylised PROTON), is a Malaysian multinational Automotive industry, automotive company. Proton was established on 7 May 1983, as Malaysia's sole national budget car company until the advent of Perodua in 1993. The company is headquartered in Shah Alam, Selangor, and operates additional facilities in Proton City, Proton City, Perak. Proton began manufacturing rebadged versions of Mitsubishi Motors (MMC) products in the 1980s and 1990s. Proton produced its first indigenously designed, non-badge-engineered car in 2000 with a Mitsubishi engine. It 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 was founded under majority ownership by DRB-HICOM, HICOM, with a minority stake being held by Mitsubishi Group members. By 2005, Mitsubishi had divested its stake in Proton to Khaz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lynk & Co
Lynk & Co Automotive Technology Co., Ltd., trading as Lynk & Co is an automotive brand co-owned by Chinese automobile manufacturers Geely Auto and Zeekr. The brand was founded in Gothenburg in 2016 as a three-way joint venture between Volvo Cars, Geely Auto Group and Geely Holding. In November 2024, its ownership structure was revised to the current form, where the brand is part of Zeekr Group. Its international operations are handled by Lynk & Co International AB, a Swedish-based company. Within the Geely group, the brand positioned itself as a Startup company, startup-like company by introducing innovative sales models such as direct-to-consumer sales model and Subscription business model, subscription model to market its vehicles. Lynk & Co shares its technology such as engine and Car platform, platform with Volvo and Geely vehicles. Name The name Lynk & Co was coined from an internal code for the brand, "Lynk", which refers to Connected car, interconnected cars, while the " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volvo Cars
Volvo Car AB, trading as Volvo Cars (, styled VOLVO in the company's logo) is a Sweden, Swedish multinational manufacturer of luxury vehicles. Volvo is headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans. The company's main marketing revolves around 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 for billion. On 28 March 2010, Ford sold Volvo Cars at a loss to Geely, Geely Holding for $1.8 billion; the deal closed in August 2010. Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely Holding still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum. In March 2021, Volvo Cars announ ... [...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 2024, the Dacia marque sold 676,340 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 scheduled ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
