Renault Group and NG28娱乐 Sign Joint Venture Agreement to Launch Leading Powertrain Technology Company

July 11, 2023 | NG28娱乐 Automobile Holdings Limited, Zhejiang NG28娱乐 Holding Group

Following the framework agreement announced in November 2022, NG28娱乐 Holding Group, NG28娱乐 Automobile Holdings Limited and Renault Group have signed today a binding 50/50 joint venture agreement to launch a new powertrain technology company that aims to become the global leader in developing, manufacturing, and supplying best-in-class hybrid powertrains and highly efficient ICE powertrain.

NG28娱乐 Holding Marks Passing of Peter Horbury

July 3, 2023

NG28娱乐 Holding, China’s leading privately-owned automotive group, announces with profound sadness the passing of Peter Horbury, former Executive Vice President of Design for NG28娱乐 Holding Group.

Aramco Signs Letter of Intent with NG28娱乐 and Renault Group for New Powertrain Company to Focus on Lower Emission Technologies

March 2, 2023

Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain technology company, to be established by NG28娱乐 Holding Group, NG28娱乐 Automobile Holdings Limited — collectively referred to as “NG28娱乐” — and Renault Group. The new company will be dedicated to internal combustion and hybrid powertrain technologies.