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Renault and Geely Commit R$3.8 Billion in Brazil, Launch Joint Unit and Map 2026–27 Model Push

The partnership marries Geely technology with Renault’s Paraná plant to begin local production of electrified models in 2026.

Overview

  • Renault Geely do Brasil was created and will be led by Ariel Montenegro, with the announcement made at Renault’s São José dos Pinhais complex alongside Brazil’s vice president Geraldo Alckmin and Paraná governor Ratinho Junior.
  • The R$3.8 billion program funds a Geely GEA zero/low‑emissions platform for two Geely models from the second half of 2026, a Renault model refresh in the second half of 2026, and a new Renault electrified platform yielding a 2027 model.
  • Geely confirmed the EX5 EM‑i plug‑in hybrid as its first locally built vehicle, with production at the Complexo Ayrton Senna in the first half of 2026 and sales starting in the second half of 2026.
  • Renault set two Brazil launches for 2026: the Grand Koleos hybrid in the first half and the Niagara unibody pickup in the second half, with detailed specifications and pricing to follow closer to launch.
  • Geely has acquired about a 26% stake in Renault’s Brazil operations, pairing its electrification platforms with Renault’s manufacturing base and dealer network as factory upgrades progress into 2026.