Renault and Geely Ink Deal for Zero-Emission Vehicle Production in Brazil

Renault Group and Geely have inked definitive agreements that extend their strategic cooperation to the production and sales of zero and low-emission vehicles by Renault do Brasil for the Renault and Geely Auto brands in Brazil, Renault Group announced on Monday.

Geely's Access to Brazilian Manufacturing Infrastructure

As part of these agreements, Geely formally acquires a 26.4 per cent stake in Renault do Brasil, with Renault Group remaining the majority shareholder and continuing to consolidate the entity in its accounts. As a minority shareholder, Geely now has access to Renault do Brasil's industrial and commercial resources, allowing it to accelerate its expansion in the region's leading automotive market.

The Geely EX5 electric SUV is available on the Brazilian market through dedicated brand dealerships operated by the Renault network.

Ayrton Senna Plant to Manufacture Dual-Brand EVs

By producing Geely Auto branded vehicles alongside Renault vehicles at the Ayrton Senna plant in São José dos Pinhais, Paraná, Renault do Brasil will be able to increase production and further sharpen the competitiveness of this cutting-edge industrial complex.

At the same time Renault will utilise Geely's leading GEA new energy architecture to extend its line-up with zero and low-emission vehicles for the Brazilian market.

Renault Network to Distribute Geely Portfolio

From a commercial standpoint, Renault do Brasil will distribute Geely Auto's portfolio of zero and low-emission vehicles in Brazil, opening up new growth opportunities in sales, financing and services.

Through this cooperation, Renault Group and Geely enhance their presence in Brazil and accelerate the development of their respective brands in a key market accounting for more than 40 per cent of vehicle registrations in Latin America in H1 2025.

The partnership would be a pragmatic alignment of complementary strengths: Renault contributes established manufacturing facilities, distribution networks and market knowledge, whilst Geely provides advanced electric vehicle architecture and expanding product portfolios. 

The arrangement allows Geely to bypass the substantial investment and lengthy timeline typically required to establish independent manufacturing and retail operations in a new market.

For Renault, access to Geely's GEA platform accelerates its electrification roadmap in Brazil without bearing full development costs, whilst increased plant utilisation through dual-brand production improves manufacturing economics. The shared dealership model enables both brands to reach customers more efficiently than through separate retail networks.