Geely, Renault to Kickstart Hybrid Car Joint Venture

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BEIJING, December 21 (TMTPOST) — Chinese automaker Geely and French carmaker Renault will soon announce a joint venture to produce hybrid cars in South Korea and potentially export cars duty-free to the United States, Reuters reported, quoting three sources familiar with the matter.The sources said that Zhejiang Geely Holding Group and Groupe Renault will soon announce the deal.The joint venture deal has b