PARIS, March 21 (Reuters) – Renault has appointed the management of its heat engine entity “Horse”, which it will split from the rest of the group in a joint venture with Chinese Geely, and should establish this ci in Madrid from the coming summer, two sources familiar with the matter told Reuters.
The entity, which will be headed by Patrice Haettel, hitherto director of industrial strategy and engineering for the diamond group, is part of Renault’s ambitious strategic plan aimed at bolstering the financial resources of its historic activity. thermal engines and to develop at the same time an entity dedicated to electric vehicles, “Ampère”. (Gilles Guillaume, editing by Kate Entringer)
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