According to a Reuters report, French automotive manufacturer Renault is actively pursuing collaborative agreements with multiple carmakers worldwide, with Chinese automaker Chery among the potential partners being considered for joint manufacturing and sales ventures.
Fabrice Cambolive, who serves as Renault Group's chief growth officer, disclosed these ongoing negotiations during a Friday press briefing where he announced the finalisation of a Brazilian partnership with China's Geely, set to be completed this coming Monday.
The strategic approach reflects Renault's growing emphasis on establishing alliances with international manufacturers, particularly those from China, as the company seeks to optimise factory operations across its global network and strengthen its competitive position in various markets.
Under the newly finalised Brazilian arrangement, Geely will acquire a 26.4% stake in Renault's Brazilian operations, as detailed in Monday's official announcement. This collaboration positions both companies to compete in Latin America's dominant automotive market, where Chinese electric vehicle giant BYD has been establishing manufacturing capabilities and expanding its presence with competitively priced electric and hybrid vehicles.
During the media briefing, Cambolive emphasised the mutual benefits of such collaborative ventures, stating they provide expanded access to diverse vehicle platforms, manufacturing facilities, engineering expertise, and established distribution channels.
The executive confirmed that while Chery represents one of several manufacturers under consideration for similar arrangements, no formal agreements have been reached. Reports from Bloomberg in October had previously indicated discussions between Renault and Chery regarding South American vehicle production.
The Brazilian partnership grants Geely manufacturing rights at Renault's São José dos Pinhais facility in Paraná state, where Geely-branded vehicles will be assembled and marketed through Renault's existing dealer network. Simultaneously, Renault will leverage Geely's vehicle platforms to diversify its product portfolio for Brazilian consumers.
Cambolive noted that improving factory efficiency represents a key objective, as the Brazilian plant currently operates at approximately half of its 400,000-vehicle annual production capacity.
Renault maintains manufacturing operations across roughly twelve nations, including facilities in France, Spain, and India. The company has already implemented platform-sharing strategies, producing the Grand Koleos model based on Geely technology in South Korea since 2024.
