Horse, the new London-based ICE powertrain tech firm formed by Renault and Geely, will make some five million units a year as it supplies car makers including Volvo and Nissan.
The new company, announced last July and today officially formed, aims to become the “global leader” in developing, manufacturing and supplying "best-in-class" and highly efficient hybrid, petrol and diesel powertrains as the wider Renault and Geely groups work to electrify their model ranges.