Geely, Renault to announce hybrid-focused auto JV for Asia

Geely, Renault to announce hybrid-focused auto JV for Asia

REUTERS/Damir Sagolj

Geely Holding and France’s Renault are likely to soon announce a deal to jointly produce the Chinese automaker’s hybrid vehicles in South Korea and look at possibly exporting cars duty-free to the United States, three people familiar with the matter said.

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