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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Renault SA | EU:RNO | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.525 | -1.37% | 37.67 | 37.67 | 37.695 | 37.965 | 37.42 | 37.865 | 126,757 | 08:54:28 |
From Oct 2022 to Oct 2023
By Justina Lee
Saudi Arabian Oil Co. has signed a letter of intent with Renault Group and Geely to acquire a minority stake in a new powertrain company that focuses on lower-emission technology.
The planned company will be a standalone global supplier with an annual production capability of more than five million internal combustion, hybrid and plug-in hybrid engines and transmissions, Renault said Thursday.
The investment from Aramco will support the development of synthetic-fuel solutions and next-generation hydrogen technology.
Write to Justina Lee at justina.lee@wsj.com
(END) Dow Jones Newswires
March 02, 2023 00:12 ET (05:12 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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| V: gb D: 20231003 08:09:28 |
