Geely acquires stake in Renault do Brasil

Business |Mergers & Acquisition

Geely takes 26.4% of Renault do Brasil; the pair co-produce and sell zero/low-emission models (incl. EX5), with Renault adopting Geely’s GEA platform.

524 views | Date: November 4, 2025

Geely acquires stake in Renault do Brasil

Boulogne-Billancourt, France- Renault Group., and Geely Holding Group., have signed definitive agreements expanding their strategic partnership in Brazil. Renault do Brasil will produce and sell zero- and low-emission vehicles for both the Renault and Geely Auto brands, with Geely acquiring a 26.4% stake in Renault do Brasil. Renault Group remains the majority shareholder and will continue consolidating the entity in its accounts. As a minority investor, Geely gains access to Renault do Brasil’s industrial and commercial assets to accelerate its growth in Brazil, the region’s largest auto market.

The Geely EX5 electric SUV is already on sale through dedicated Geely dealerships operated by Renault’s network. Geely Auto-branded models will be built alongside Renault vehicles at the Ayrton Senna plant in São José dos Pinhais, Paraná boosting output and competitiveness at this advanced manufacturing hub. Renault will also adopt Geely’s GEA new-energy architecture to broaden its Brazilian lineup with additional zero- and low-emission models.

Commercially, Renault do Brasil will distribute Geely Auto’s portfolio of zero- and low-emission vehicles nationwide, creating new opportunities across sales, financing, and services. Together, Renault Group and Geely strengthen their foothold in a pivotal market that accounted for over 40% of Latin America’s vehicle registrations in H1 2025, accelerating the development of both brands in Brazil.

Mr. François Provost, CEO Renault Group, said, “The partnership we are announcing today with Geely in Brazil marks a decisive step forward in our international strategy. It establishes an agile cooperation founded on industrial excellence and technological leadership. Once again, combining our strengths will make us more competitive, more innovative, and more responsive in a fast-evolving automotive market.”

Mr. Eric Li, Chairman of Geely Holding Group, said, “Our continued cooperation with Renault in exploring new markets and new opportunities will make for a win-win scenario as both Renault and Geely are able to leverage technology scales on a global level to bring the best products to market.”