Spinning yarns during electrification

Horse Powertrain, the combustion engine manufacturer of Renault and Geely, aims to become the world’s largest player in the field of combustion engines by 2035. This is significant for both this company and the future of combustion engines in general.
Horse Powertrain is a joint venture of French Renault and Chinese Geely, which we also know as the parent company of Volvo among others. Both parties hold 45 percent of the shares and the remaining 10 percent belongs to oil producer Saudi Aramco. Horse has only existed since 2024 and aims to reduce development costs for both involved automakers regarding combustion engines, which one way or another will at least play a different role in the future of the automotive industry. At the same time, the establishment of ‘Horse’ confirms that Renault and Geely still truly believe in that future, although perhaps in a form that will increasingly cooperate with electric motors. Horse therefore already presented a range extender specifically for ‘dedicated’ EVs.
So far, we know the company in practice mainly from the 1.8-liter four-cylinder that is found in more and more hybrid models from Dacia and Renault. In the future, undoubtedly many more engines from Horse will follow. Very many indeed, if we can believe the latest report from Reuters about this company. Horse would be striving to become the world’s largest manufacturer of combustion engines by 2035. The idea is that more and more automakers will become dependent on suppliers like Horse to limit development costs and be able to focus internally on other matters, and that Horse as an engine manufacturer therefore actually spins yarns during increasing electrification.