Horse Powertrain Limited is a joint venture holding aimed at producing powertrains, including internal combustion engines (ICE) and hybrid systems. The venture holding was established in May 2024 and is equally owned by Renault and Geely (including Geely Holding and Geely Auto). It is headquartered in London, United Kingdom.
The company has two major subsidiaries, including Aurobay, a former Geely-owned powertrain company operating in Sweden and China with 9,000 employees, and Horse, a former Renault powertrain division with 9,000 employees. In total the company has 19,000 employees.[1]
History
The joint venture project was announced in November 2022 and codenamed Horse project by Renault and Rubik project by Geely.[2][3]