When two major car companies decide to team up, exciting things usually happen—and Brazil is about to see exactly what that looks like. Renault and Geely Holding Group have joined forces in a partnership that’s bringing $714 million worth of investment to Brazil’s automotive scene. Think of it like when your favorite pizza place teams up with the best ice cream shop in town—you know something amazing is coming.
When automotive giants join forces with $714 million, Brazil’s car scene is about to get seriously exciting.
This isn’t your typical business handshake either. Geely bought a 26.4% stake in Renault do Brasil, creating what experts call a strategic cooperation rather than a traditional joint venture.
Together, they’ve established Renault Geely do Brasil to lead their ambitious plans. Their goal is simple yet bold: become leaders in Brazil’s growing market for electric and eco-friendly vehicles.
The magic happens through Geely’s advanced GEA platform, which serves as the foundation for building cleaner cars. Both companies will share their best technology, like trading baseball cards but with cutting-edge automotive innovations.
Two brand-new models are already planned for production in late 2026, promising Brazilian drivers more environmentally friendly options.
Geely gains access to Renault’s manufacturing facilities in São José dos Pinhais, Paraná, while Renault benefits from Geely’s technological expertise. It’s a win-win situation that’s expected to upgrade existing facilities and boost production capacity dramatically.
The partnership targets Brazil’s dynamic automotive market, focusing particularly on electric and hybrid vehicles. Both brands plan to expand their commercial networks and accelerate sales growth in high-potential segments. The companies have also created Horse Powertrain, a specialized business dedicated to supplying hybrid and combustion powertrain systems. Industry leaders describe this collaboration as unprecedented and potentially transformative for Brazil’s automotive landscape.
Beyond business success, this investment promises meaningful economic and social benefits for Brazil. The partnership is expected to create new jobs, support regional development, and enhance the competitiveness of Brazil’s automotive industry. For investors who own shares in either company, the partnership’s success could influence future dividend payments based on the companies’ financial performance.
Company executives emphasize their commitment to innovation, sustainability, and long-term growth in the Brazilian market. The alliance aims to create scale effects and optimized product offerings through cross-continental cooperation.
This collaboration represents more than just two companies working together—it’s a glimpse into the future of automotive manufacturing in South America, where environmental responsibility meets economic opportunity.
