Navistar has started full series production on the new International S13 integrated powertrain at the company’s Huntsville, Alabama, plant — the last internal combustion engine the company will ever ...

Even though EVs are continuing to sell in bigger numbers, they aren't selling as well as many automakers were expecting. Multiple factors are contributing to this situation, such as vehicle cost as ...

Saudi Arabia-based energy company Aramco has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited, a Renault-Geely JV powertrain company. Aramco said it will ...

But now a company called Horse Powertrain is offering an alternative to carmakers who are hesitant to go fully electric while still allowing them to develop EVs—and keep their EV production lines.

The world’s most profitable company, Saudi Arabia’s Aramco, has signed a letter of intent to become a potential minority shareholder in a new powertrain technology company to be established by Geely ...

Aramco to acquire 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company established by Renault Group and Geely HORSE Powertrain Limited is expected to have an ...

France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co. to set up a new combustion engine and hybrid powertrain company, while Saudi Aramco is ...

'Aramco's investment is expected to directly contribute to the development and deployment of affordable, efficient, and lower-carbon emission internal combustion engines globally'. Image by amgun via ...

The Saudi energy giant executed the transaction through its wholly owned subsidiary, Aramco Asia Singapore. Credit: rarrarorro/Shutterstock. Saudi energy giant Aramco has concluded the acquisition of ...

The company in February 2020 broke ground on a 110,000 sq. ft. expansion. The now-410,000-sq.-ft. facility has fully transitioned from a single assembly line to two (one for the T14 transmission and ...