Renault CEO: ready to welcome others to its 'Horse' project

renault ceo: ready to welcome others to its 'horse' project

Renault Group’s CEO Luca de Meo, speaks as he stands next to the Renault 5 Electric car displayed on the media day of the 91st Geneva Auto Show, in Geneva, Switzerland, February 26, 2024. REUTERS/Denis Balibouse

GENEVA (Reuters) – French carmaker Renault is ready to welcome other players to its ‘Horse’ combustion engine joint venture project, said Renault CEO Luca de Meo at the Geneva car show.

While he did not name any potential joiners, De Meo said this new partner could potentially be an automotive supplier with an ability to help the alliance develop its engines.

De Meo added that Renault hoped to make more progress on securing regulatory approvals for the ‘Horse’ project, which also involves the companies Geely and Aramco in the ‘coming weeks’.

(Reporting by Gilles Guillaume; writing by Sudip Kar-Gupta, editing by Tassilo Hummel)

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