Aurobay joins worldwide powertrain technology company
As of May 31, Aurobay becomes part of HORSE Powertrain Limited – which is set to be a world leader in hybrid and combustion powertrain solutions and systems.Aurobay’s owners Geely Holding Group (Geely Holding) and Geely Automobile Holding (Geely Auto) (collectively referred to as “Geely”) have, together with Renault Group, officially established HORSE Powertrain Limited as a world-leading hybrid and combustion powertrain solutions company. HORSE Powertrain will have an expected c.15 billion EUR in revenues and will produce c. 5 million powertrain units per year. The company will design,