Renault to explore hybrid vehicles with Geely

BEIJING/SHANGHAI, Aug 9 (Reuters) – Renault (RENA.PA) and Geely said on Monday they would jointly develop petrol-electric hybrid vehicles for China and South Korean markets, as the French automaker revives plans for the world’s biggest car market after exiting a Chinese venture last year.

COVID deals new blow to foreign carmakers’ Indian dream

Foreign automakers’ hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections and limited government room for more stimulus spending suggest a recovery could lag far behind China and the United States.