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GELYY Geely Automobile Holding Ltd (PK)

36.07
-0.315 (-0.87%)
07 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Geely Automobile Holding Ltd (PK) USOTC:GELYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.315 -0.87% 36.07 35.61 36.77 36.36 35.995 36.27 17,780 22:00:01

Renault, Geely Automobile May Be Bringing Aramco Into Engine Venture, Reuters Reports

17/01/2023 6:02am

Dow Jones News


Geely Automobile (PK) (USOTC:GELYY)
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From Jan 2023 to Jan 2025

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-- French automobile maker Renault S.A. and China's Geely Automobile Holdings Ltd. are looking to bring in Saudi Arabian state oil producer Aramco as an investor into an engine venture, Reuters reports, quoting people familiar with the matter.

-- The venture involves the development and supply of gasoline engines and hybrid technologies, reports Reuters.

-- All three companies are working to complete a letter of intent in the coming weeks, according to one of the sources familiar with the matter, Reuters reports.

 

Full story: https://reut.rs/3HavsaD

 

Write to Justina Lee at justina.lee@wsj.com

 

(END) Dow Jones Newswires

January 17, 2023 00:47 ET (05:47 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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