HORSE Revenue and Competitors

A lot has been said about the future of mobility, but very little about transitioning to it. The reality is that it’s not just one solution that will take us on the journey to better mobility. New forms of transport as well as EVs will certainly play their role, but the road to decarbonization can never be an either-or scenario, it’s a side by side one, a shared road to low emissions and efficiency for all. With hybrid and new fuel solutions, existing motorization can combine with new technology so that everyone everywhere can benefit. Horse is born to unlock the potential of combustion technology to be a motor for transition. With our 9,000 employees, we design, manufacture and supply efficient powertrain solutions. Born from Renault Group Renaulution, we harness decades of Renault Group’s mechanical expertise and cutting-edge R&D. Our 3 R&D centres and 8 plants are located in 7 countries: Argentina, Brazil, Chile, Portugal, Romania, Spain and Turkey, - and our headquarters are in Madrid (Spain). On 8 November 2022, Renault Group signed a framework agreement with car manufacturer Geely to create a new entity by combining their powertrain activity. This joint venture’s ambition is to become the market leader for the next generation of low-emission internal combustion and hybrid powertrains. Its range of powertrains will cover more than 80% of the market’s requirements. Aramco should join the team, to bring in its expertise in synthetic fuels.