Saudi Arabian Oil Company (Aramco), the world's largest oil producer, has signed a letter of intent to join Geely and Renault's powertrain company. The announcement was made on February 24, 2023, by Geely and Renault, and it marks a significant step towards developing cleaner and more sustainable powertrains.
Geely, a Chinese multinational automotive company, and Renault, a French multinational automobile manufacturer, established a joint venture in 2020 to develop and produce next-generation powertrains. The joint venture, called Advanced Powertrain Company (APC), is focused on creating sustainable and efficient powertrain solutions for hybrid and electric vehicles.
Aramco's decision to join APC demonstrates the company's commitment to investing in new technologies and diversifying its business portfolio. As the world transitions towards cleaner and more sustainable energy sources, Aramco recognizes the importance of adapting and evolving its business model to remain competitive.
However, Aramco has not yet specified what stake it will take in the APC joint venture. Still, the company's expertise and resources in the energy sector could significantly contribute to APC's development and production of more efficient and sustainable powertrains.
Renault and Geely's APC joint venture aims to combine the strengths of both companies to develop powertrains that are more efficient, lighter, and more compact. The companies plan to use advanced technologies such as electrification, hybridization, and fuel cells to reduce CO2 emissions and improve fuel economy.
The APC joint venture has already made significant progress in developing next-generation powertrains. In October 2022, the company unveiled its first prototype powertrain, which uses an innovative architecture that integrates the motor, gearbox, and power electronics into a single unit. The prototype powertrain is lighter, more compact, and more efficient than traditional powertrain systems.
Aramco's partnership with APC could potentially accelerate the development and production of sustainable powertrains, allowing the company to keep up with changing industry trends and consumer preferences. The joint venture also aligns with Saudi Arabia's Vision 2030, which aims to reduce the country's dependence on oil and develop new industries and technologies.
In conclusion, Aramco's decision to join Geely and Renault's APC joint venture is a significant milestone in the development of more sustainable and efficient powertrains. By leveraging Aramco's expertise and resources in the energy sector, the APC joint venture could potentially accelerate the development of innovative powertrain solutions and contribute to a more sustainable future for the automotive industry.
Wael is an automotive content writer specializes in creating written content for Motor 283. Producing a wide range of content, including blog posts, articles, product descriptions, reviews, and technical guides related to cars, trucks, motorcycles, and other vehicles, with an unprecedented passion for cars, and motorcycles.
Chevrolet has unleashed the unthinkable in the Corvette ZR1. The King of the Hill returns with the most powerful V8 ever produced in America from an auto manufacturer, mind-bending specs, and iconic design to challenge the world’s best supercars in both coupe and convertible variants.
• Corvette ZR1 features a 5.5L, twin-turbocharged DOHC flat-plane crank V8 engine dubbed the LT7.
• The LT7 engine produces 1,064 horsepower at 7,000 rpm and 828 lb-ft (1123 Nm) of torque at 6,000 rpm, per SAE guidelines — the most power ever from a factory Corvette and the most powerful V8 ever produced in America from an auto manufacturer.
• Corvette ZR1 boasts a GM-estimated top speed of over 215 mph (346 Kph) on the racetrack and will dispatch the quarter mile with a GM-estimated sub-10-second time1.
• Purposeful carbon fiber aero package creates over 1,200 pounds (544 Kg) of downforce at top speed.
• ZR1 revives one of the most iconic styles in Corvette history: the split rear window.
“The team that revolutionized Corvette with a mid-engine architecture took on another challenge: take ZR1 to the next level,” said Scott Bell, vice president, Chevrolet. “Corvette ZR1 is about pushing the envelope with raw power and cutting-edge innovation. From Stingray, to Z06, E-Ray, and now ZR1, the Corvette family continues to elevate with each new iteration — and challenge the best in the world.”
The new 2025 Ram 1500 is now available in the Middle East, featuring an all-new 3.0-liter Hurricane engine family that brings more power, performance, and improved fuel efficiency.
“The new 2025 Ram 1500 brings our customers more: more power, more performance and more fuel efficiency with our all-new 3.0-liter Hurricane engines,” said Chris Feuell, Ram brand CEO – Stellantis. “With a choice of new and proven gas engines or our upcoming electric truck offerings, Ram is built to serve truck buyers everywhere. Our new powertrain offerings add to the unique combination of bold styling, leading-edge innovation and technology, durability and capability Ram customers have come to know and love.”
The automotive world is abuzz with the announcement that Lanzante, the renowned vehicle specialist known for transforming track-focused machines into road-going marvels, is set to convert the Red Bull RB17 hypercar into a street-legal version. This ambitious project aims to bring Adrian Newey’s V-10 beast from the racetrack to the public roads, and while the challenge is daunting, Lanzante's track record suggests they are up for it. The Red Bull RB17, designed by the legendary Adrian Newey, is a testament to cutting-edge engineering and performance. The track-only version of the hypercar weighs a mere 1,984 pounds, making it lighter than a Mazda MX-5 Miata ND. Yet, despite its featherweight design, it boasts a staggering 1,200 horsepower. This immense power allows it to lap Silverstone a second quicker than a Formula 1 car, according to recent simulations.
SHARE
