Shock to EVs: $7bn Renault & Geely Deal

New JV to develop and manufacturer NEW Petrol, Diesel & Hybrid Engines

Renault and Geely have just announced a joint venture to develop and build petrol, diesel and hybrid engines – going against the tidal wave of the EV Revolution. With potentially huge investment from Saudi Aramco for its $7 plan, headquartered in the UK – where sales for new petrol and diesel cars are planned to be banned in just 7 years’ time. Utter craziness or insightful genius? Does the ICE fightback start here?

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