Renault and Geely Seal Major Partnership in Brazil, with Chinese Group Taking 26.4% Stake in Renault do Brasil
At the start of November, the spotlight in the automotive world shifted between Paris and Hangzhou as Renault Group and Geely Holding Group announced a deepened strategic partnership in South America. As reported by Reuters, the deal gives Geely a 26.4 percent stake in Renault do Brasil, making it a minority shareholder while Renault retains majority control.
According to Renault’s official statement, the partnership covers both manufacturing and commercial operations. Geely will gain access to Renault’s industrial complex in São José dos Pinhais, in the state of Paraná, home to the well-known Ayrton Senna plant. This will allow the Chinese manufacturer to produce and market its own vehicles alongside Renault’s in Brazil.
At the same time, Renault will benefit from Geely’s GEA new energy platform to expand its line-up of electric and low-emission vehicles. As Electrive.com noted, the goal is to turn Brazil into one of Renault’s key markets in South America, supporting the group’s broader global electrification strategy.
Reuters added that both brands’ vehicles—including the Geely EX5 electric SUV—will be built in the same facility that currently produces Renault models. Sales and distribution will run through Renault’s existing dealer network, which includes more than 300 outlets across Brazil.
Brazil accounts for over 40 percent of all new car registrations in Latin America, making it one of the most strategically valuable markets for both manufacturers. For Renault, the move strengthens its regional footprint, complementing production of the Duster, Kwid and Oroch. For Geely, it provides a ready-made entry into a major market without the cost of building infrastructure from scratch.
Automotive World observed that the deal reflects a broader industry trend, with European and Asian carmakers increasingly joining forces to share production costs and accelerate electrification. The Renault–Geely alliance already includes Renault Korea Motors and the Horse Powertrain joint venture, which develops hybrid systems.
Unlike many past automotive tie-ups driven by idealism, this partnership is pragmatic. Renault gains access to Geely’s technology and cost-efficient manufacturing, while Geely secures a foothold in a stable, high-volume market. Both brands strengthen their electric vehicle portfolios, while Brazil stands to benefit from new jobs and investment.
In the bigger picture, the deal underscores a new reality for the global car industry: survival no longer depends on national pride, but on partnerships that unite engineering, capital and local expertise.
