Aramco could take a stake in the thermal entity of Renault-source


RENAULT

Aramco could take a stake in the thermal entity of Renault-source | photo credits: shutterstock

PARIS, Sept 1 (Reuters) – Saudi oil giant Saudi Aramco is in talks with Renault over a possible stake in the French carmaker’s future combustion engine business, a close source said on Thursday. of the file, confirming information from Le Monde.

Reuters revealed on Tuesday that Renault could welcome the Chinese car manufacturer Geely Automobile Holdings and an oil group in the capital of this future company, called to coexist with an entity dedicated to electricity and software.

According to Le Monde, it is with the Saudi oil group that Renault “could work on post-oil and synthetic fuels”.

Renault and Aramco declined to comment on this information. (Gilles Guillaume report, with Maha El Dahan, written by Marc Angrand and Bertrand Boucey)





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