My Honda+ app to offer simpler subscription options and extend cover to all new hybrid and electric models

My Honda+ connected car application has been improved and refined to provide a range of comfort, convenience, and security features App coverage has expanded to cover all new Honda hybrid, plug-in hybrid, and battery electric vehicles Subscription model streamlined to simplify user experience with a new, clearly defined package Honda has relaunched its advanced connected car application following consultation with Owners and Users. The MyHonda+ app now covers the brand’s full current range of hybrid, plug-in hybrid and battery electric vehicles – allowing owners to control a wide range of functionality and further integrate their vehicle into their lives. From July 1st 2024, owners of the Jazz e:HEV, Civic e:HEV, HR-V e:HEV, ZR-V e:HEV and the latest-generation CR-V e:HEV will be able to access the virtual dashboard, remote vehicle operation, location finder, and geo-fencing to ensure peace of mind when leaving the car. In addition, Honda’s Digital Key will be made available for all models except Jazz, allowing owners to transform their smartphone into a key and safely share vehicle access with up to five additional drivers. Other features of the revised MyHonda+ app include the ability to send a point of interest to the sat-nav, create favourite routes, plus the use of a smartphone camera when pairing with the vehicle. Revisions to the app also mean more timely and accurate updating of the vehicle status once the ignition is switched off. All-electric and plug-in hybrid models will gain further functionality, allowing users to remotely schedule vehicle charging to meet their needs, as well as pre-heating or pre-cooling the cabin via the AC system prior to a journey. Subscription modelsHonda has also simplified and streamlined the MyHonda+ subscription process to ensure customers fully understand what services will be available – rolling the previous ‘Core Connectivity’, ‘Safety & Journey’, and ‘Honda Digital Key’ packages into one. This will be available free of charge for three years from the vehicle’s first registration date, followed by a low monthly payment thereafter. This new structure also allows second and subsequent owners to use the functionality free of charge if the vehicle is purchased within three years from the vehicle’s first registration. Previously, this was only available to the first registered owner of the vehicle. The updated My Honda+ will be rolled out for all existing and new users from July 1st, 2024. Current owners of the Jazz e:HEV, Civic e:HEV, HR-V e:HEV, ZR-V e:HEV and the latest generation CR-V e:HEV can book an appointment at their local dealer to activate the TCU module within the car, to enable the vehicle to sync with the app. New and prospective owners can also experience the app and trial its new functionality at dealerships.

Aston Martin set to thrill with dynamic display at Goodwood Festival of Speed

An incredible line-up of Aston Martin sports cars has been assembled to supply velocity with verve at the 2024 Goodwood Festival of Speed, including Valkyrie, Valour, Valiant, Victor and Vantage Aston Martin Valiant will make its global debut at Goodwood and two-time Formula One® World Champion Fernando Alonso will take the wheel on Friday The 2024 Goodwood Festival of Speed takes place 11-14 July 01 July, Gaydon, UK: Aston Martin will supply velocity with verve at the 2024 Goodwood Festival of Speed (11 – 14 July) when Valkyrie, Valour, Valiant, Victor and Vantage headline the marque’s line-up of ultra-luxury sports cars heading up the famous Goodwood Hillclimb. The Festival of Speed, held at Goodwood every July is a highlight of the British summer season. The event has become an unmissable pilgrimage for lovers of speed who travel from across the world to revel in the sights and sounds of the world’s finest sports cars, driven by the racing stars of the past, the present and the future. Visitors to this year’s Festival are in for some high-octane thrills, courtesy of Aston Martin, as they witness the global debut of Aston Martin Valiant, one of just 38 ultra-exclusive, track-focused, road-legal special editions, created following a personal commission by Aston Martin Aramco Formula One® Team driver, two-time Formula One® World Champion Fernando Alonso, who will drive the new car on Friday at Goodwood. Embodying Aston Martin’s commitment to build pure driver’s cars, Valiant is sure to be one of the stars of the show, especially in its Muncher-inspired specification, which is a nod to the legendary Aston Martin Le Mans race car. Joining Valiant in the Supercar Paddock and on the Goodwood Hillclimb is a truly eye-watering line-up of Aston Martins. Valkyrie, Aston Martin’s game-changing hypercar is back. The crowd-pleasing, head-turner made its dynamic debut at Goodwood in 2021 and is now the inspiration for the new Aston Martin Valkyrie AMR-LMH-hypercar that is set to return the brand to the top echelons of sports car racing in 2025. Next up is Valour, created to celebrate the 110th anniversary of Aston Martin. With it’s bespoke 6-speed manual transmission, uniquely mated to a 5.2 litre Twin-Turbo V12 for maximum driver engagement and timeless classic appeal, Valour is the last of an era. The one-of-a-kind Aston Martin Victor, described by Top Gear as “the hypercar the eighties never had” was created by the brand’s unique personalisation service – ‘Q by Aston Martin’ – with a manual gearbox and, naturally, a V12 engine. The Festival of Speed provides a rare opportunity to see this unique car in action on the hillclimb and up-close in the Supercar Paddock. Launched just a few months ago, the new Aston Martin Vantage is Aston Martins truly focused sportscar. The latest car to take the vaunted Vantage nameplate is continuing the brand’s tradition of creating potent front-engined, rear-wheel drive sports cars, engineered to deliver maximum thrills with maximum confidence. Vantage is the heartbeat of the Aston Martin brand and this new model exemplifies the brand in every way. The new Aston Martin Vantage will also be represented in the motorsport paddock by the one-off Official FIA Safety Car of Formula 1® and by the new-for-2024 Vantage GT3 race car, which competes across the globe in series including the FIA World Endurance Championship. Joining all the ‘V’ models at Goodwood, is the World’s first Super Tourer, the Aston Martin DB12 – the first of the new generation of sports cars. Also on display in the First Glance paddock is the new DBX707, showing off its striking new interior design, complete with new, state-of-the-art infotainment system, developed in-house at Aston Martin. Marco Mattiacci, Global Chief Brand & Commercial Officer said: “The Festival of Speed is the highlight of the season for those who worship at the temple of speed. We are proud to play a part in this incredible, annual celebration of speed and this year we are delighted to offer up quite the array of Aston Martin sports cars and also the brand-new spec of DBX707. We look forward to this event every year as it is a great opportunity to showcase our brand to true connoisseurs of sports cars.” The 2024 Goodwood Festival of Speed gets underway on July 11th and runs through until July 14th.

Maserati MSG Racing faces challenging Saturday in Portland

A challenging Saturday for Maserati MSG Racing in Portland The Race in Numbers Maximilian GüntherFree Practice One // P9Free Practice Two // P18Qualifying // P19 [1:10.345, Group A]Race // DNFPositions Gained // N/AFastest Lap // 1:13.642Championship Position // P8 [69 points] Jehan DaruvalaFree Practice One // P11Free Practice Two // P20Qualifying // P20 [1:10.127, Group B]Race // P16Positions Gained // +2Fastest Lap // 1:12.169Championship Position // P20 [8 points] Maserati MSG RacingChampionship // P7 [77 points] Maserati MSG Racing experienced a challenging first race in the double-header 2024 Portland E-Prix, with the team narrowly missing out on points following a late surge in the United States. The Monaco-based team entered the penultimate race weekend of Formula E’s 10th season with high aspirations and worked hard to make progress after struggling for initial pace across practice. In Qualifying for Race One, drivers Maximilian Günther and Jehan Daruvala fell short of the duel stages and started from 17th and 18th thanks to grid penalties after placing 19th and 20th. With an action-packed peloton race ahead, however, there was cause for optimism, with the duo perfectly positioned to save crucial energy from the outset. The pair started the race by holding position but quickly began to fight forward, with Jehan taking an early first Attack Mode on lap four before pressing his advantage while Max continued to hold ground. As the race continued to evolve, Max and Jehan adjusted their approach appropriately, and after building an energy advantage over their closest competitors, set out in pursuit of the top 10. After taking both of his Attack Modes in quick succession, Max broke into the points-paying positions on lap 15 and continued to fight forward, running as high as sixth. Unfortunately, the 26-year-old lost track position late in the race and was shuffled outside of the top 10, but was forced to retire after contact with Jehan on lap 24. Jehan, meanwhile, finished 16th. In Their Words Maximilian Günther, Driver, Maserati MSG Racing“A tough day for us. All weekend we have been struggling for pace, and Qualifying was especially difficult. We found in challenging to put the car in the right operating window, and that meant that we started quite far from the front. From there, we tried to execute a good race on energy, but we had a few issues. Unfortunately, in the final stages, Jehan made contact with me in Turn One, and that ended my race.” Jehan Daruvala, Driver, Maserati MSG Racing“Today’s race was obviously frustrating, and I’m very sorry for the team. Late in the race I was running behind Max, my brakes locked up into Turn One, and after that I was pretty much a passenger and tried to avoid him as much as I could. It was my mistake, and I take full responsibility for it. Tomorrow is a new day with fresh opportunities, and hopefully, we can both score points to make up for today.” Cyril Blais, Deputy Team Principal, Maserati MSG Racing“The outcome of today’s race wasn’t something we deserved, nor was it remotely close to what we set out to achieve. Reflecting on today, I think there’s a lot for us to debrief and digest, but I’m confident that we can put the necessary changes in place to come back stronger on Sunday. We have another chance to score points tomorrow, and we need to take advantage of that opportunity.” Giovanni Sgro, Head of Maserati Corse“Unfortunately, we’ve been unlucky today, and racing can be disappointing sometimes. Portland is an extremely fast circuit, and it hasn’t been kind to us. Every round is a challenge and a learning opportunity: for Maserati, Formula E isn’t only a series of races, but most of all the ideal platform to extend our commitment to the new era of electrification, which we have entered with the Folgore range. We’ll make up for it tomorrow: I’m aware of our drivers’ talent and determination and I’m sure they’ll be providing us with great performance and decent results in the last three rounds of the season.” Maserati S.p.A.Maserati produces a complete range of unique cars, immediately recognizable for their extraordinary personality. Thanks to their style, technology, and innately exclusive character, they delight the most discerning, demanding tastes and have always been a benchmark for the global automotive industry. A tradition of successful cars, each of them redefining what makes an Italian sports car in terms of design, performance, comfort, elegance, and safety, currently available in more than 70 markets internationally. Maserati line-up includes the Levante – the first SUV made by Maserati, the Grecale, the “everyday exceptional” SUV, the GranTurismo, the iconic Italian grand tourer, and the GranCabrio, the new convertible of the Trident; all models characterized by the use of the highest quality materials and excellent technical solutions. A range equipped with 4-cylinder hybrid powertrains – available for Grecale and Levante – and V6 petrol, with rear-wheel and four-wheel drive, embodying the performance DNA of the Trident Brand. The top of the range is made up of the MC20 super sports car and the MC20 Cielo spyder, powered by the ground-breaking 100% Maserati Nettuno V6 engine, which incorporates F1-derived technologies into the power unit of a standard production car for the first time. The GranTurismo is available with both the high-performance V6 petrol engine, derived from the Nettuno, and a 100% electric version: the GranTurismo Folgore, the first car in the Modena-based brand’s history to adopt this solution. Today the full-electric range includes also the Grecale Folgore, Maserati’s first full-electric SUV, and the latest addition, GranCabrio Folgore. By 2025, all Maserati models will also be available in a full-electric version, and the entire Maserati range will run on electricity alone by 2028. For further information:MASERATIRoberta Marchetti – Maserati Corse Communications Manager – roberta.marchetti@maserati.com Maserati MSG RacingMaserati MSG Racing is one of the founding teams of the FIA Formula E World Championship and, in December 2013, became the first manufacturer to join the first all-electric category in motorsport. As one of the…

One-two finish for Maserati in Race 1 of Fanatec GT2 European Series round 3, Spa

Spa-Francorchamps, 29 June 2024 – One year after the car and sports plans were unveiled, Maserati returns to Spa-Francorchamps for round 3 of the Fanatec GT2 European Series Powered by Pirelli. Over a weekend when the 24 Hours of Spa is also being held, the three Maserati GT2s were the stars on Friday, achieving a magnificent one-two in Race 1 with the victory of LP Racing’s number 1 car, driven by Leonardo Gorini and Carlo Tamburini who finished ahead of teammate Philippe Prette, the winner in the Am class. In the same class, the third Maserati, the TFT Racing team’s number 24 driven by Alexandre Leroy, crossed the finish line in second (fifth overall). In Race 2, the Belgian took the bottom step of the podium for the class. At the end of qualifying for Race 1, the Maseratis took the top three places with Leroy taking his first pole position of the season. At the start, the number 24 picked up on the advantage to maintain the lead in the race but was forced to give way to the number 1 Maserati GT2 with Gorini at the wheel, who made his way to the front of the pack after a few laps. Passing the baton to Tamburini, the latter then made a mistake at Les Combes, giving his teammate Philippe Prette the opportunity to catch up significantly, although he still kept the lead. Tamburini was the first to the chequered flag, with Prette finishing 2.8 seconds behind, confirming the Maserati one-two and his third win of the year in the Am class. Leroy remained in the battle for the overall podium all throughout, but then dropped to fifth to take second in the Am class. In the second 50-minute race held on Saturday morning, Prette was forced to pit in the early laps due to a puncture, compromising the rest of the race. After a good start, Tamburini found himself in fourth, but after about 20 minutes he slipped to eighth after contact with an opponent. At the end of the mandatory pit window, Gorini – who took over from Tamburini – began to make up for falling behind but was unfortunately forced to pit again due to a puncture; he ended up finishing tenth. Leroy, with a steady pace throughout the race, finished sixth overall and third in the Am class. The next event, round 4 of the Fanatec GT2 European Series Powered by Pirelli, is scheduled to take place in Hockenheim, Germany, from 19 to 21 July. Giovanni Sgro, Head of Maserati Corse: “Our winning streak with Maserati GT2 continues: I couldn’t have hoped for anything better this weekend at the Spa-Francorchamps circuit, despite a bit of bad luck in Race 2. Once again, taking the first and second places in Race 1 demonstrates that we have developed an outstanding car for motorsport customers, professional racing teams and gentleman drivers. Maserati’s racing vocation, recently celebrated with the two MC20 Icona and MC20 Leggenda special editions for the 20th anniversary of the MC12’s debut, both in GT1 and Stradale versions, is the common thread that binds all our cars. Starting from the MC20, via the Maserati GT2 to the MCXtrema, our brand reiterates its intent to develop cutting-edge technologies and to meet customers’ requirements, both on the road and on the track. We can’t wait to line up on the grid for the next round of the 2024 Fanatec GT2 European Series Powered by Pirelli at Hockenheim”. Maserati S.p.A.Maserati produces a complete range of unique cars, immediately recognizable for their extraordinary personality. Thanks to their style, technology, and innately exclusive character, they delight the most discerning, demanding tastes and have always been a benchmark for the global automotive industry. A tradition of successful cars, each of them redefining what makes an Italian sports car in terms of design, performance, comfort, elegance, and safety, currently available in more than 70 markets internationally. Maserati line-up includes the Grecale, the “everyday exceptional” SUV, the GranTurismo, the iconic Italian grand tourer, and the GranCabrio, the new convertible of the Trident; all models characterized by the use of the highest quality materials and excellent technical solutions. A range equipped with 4-cylinder hybrid powertrains – available for Grecale – and V6 petrol, with rear-wheel and four-wheel drive, embodying the performance DNA of the Trident brand. The top of the range is made up of the MC20 super sports car and the MC20 Cielo spyder, powered by the ground-breaking 100% Maserati Nettuno V6 engine, which incorporates F1-derived technologies into the power unit of a standard production car for the first time. The GranTurismo is available with both the high-performance V6 petrol engine, derived from the Nettuno, and a 100% electric version: the GranTurismo Folgore, the first car in the Modena-based brand’s history to adopt this solution. Today the full-electric range includes also the Grecale Folgore, Maserati’s first full-electric SUV, and the latest addition, GranCabrio Folgore. By 2025, all Maserati models will be available in a full-electric version, and the entire Maserati range will run on electricity alone by 2028. For further information:MASERATIRoberta Marchetti – Maserati Corse Communications Manager – roberta.marchetti@maserati.com

Polestar delivers first customer Polestar 3 electric SUVs

GOTHENBURG, SWEDEN – 27 June 2024. Polestar (NASDAQ: PSNY) has made its first customer deliveries of Polestar 3. The SUV for the electric age plays an important role in the Company’s development, as Polestar now has three models on the roads, including two SUVs. The initial vehicles are being handed over to customers across two continents in the coming days, with deliveries set to accelerate throughout the summer. With significant acclaim from global automotive media, customer interest for Polestar 3 remains high, resulting in the initial batch of customer test drives being over-subscribed. Additional test-drive slots have now been made available during the summer months, across Polestar’s Spaces. At Polestar’s headquarters in Gothenburg, Sweden, the first Polestar 3 handovers were completed in a special ceremony at the brand’s iconic Cube. Alongside their launch edition Polestar 3s, finished in a mixture of Magnesium and Space, these first customers also received a special Polestar gift package to mark the special occasion. Thomas Ingenlath, CEO of Polestar said: “This is an important milestone – first deliveries of Polestar 3 to our customers. Test drives start at all Polestar Spaces this coming weekend in Europe. Thousands of hand-raisers are invited to experience our great, luxurious performance SUV. Polestar is becoming a global player with the most attractive electric product range.” Customers across the world are about to experience the same in local handover ceremonies. More customer deliveries will take place in Germany and Norway tomorrow while in the USA, where additional Polestar 3 manufacturing will start during the summer, the North American Polestar team is handing over the first customer Polestar 3sin California, Illinois, Indiana and New York. A mix of Long range Dual motor and Long range Dual motor with Performance Pack models, these Launch Edition cars are finished in a mixture of Snow, Thunder and Magnesium. Kristian Elvefors, Global Head of Commercial at Polestar said “We always knew the Polestar 3 was going to be popular, but even we were blown away by the global media’s reviews and the response to opening up test drive bookings. It’s testament to the excitement in the market for this car and customer interest to get behind the wheel of our flagship electric SUV.” Test drives of the Polestar 3 can be booked from your local Polestar Space by clicking the followinghttps://www.polestar.com/test-drive/booking/ps3 Ends. Media Contact:Graeme LambertPolestar Product PRgraeme.lambert@polestar.com About PolestarPolestar (Nasdaq: PSNY) is the Swedish electric performance car brand determined to improve society by using design and technology to accelerate the shift to sustainable mobility. Headquartered in Gothenburg, Sweden, its cars are available online in 27 markets globally across North America, Europe and Asia Pacific. Polestar plans to have a line-up of five performance EVs by 2026. Polestar 2, the electric performance fastback, launched in 2019. Polestar 3, the SUV for the electric age, launched in late 2022. Polestar 4, the SUV coupé transformed, is launching in phases through 2023 and into 2024. Polestar 5, an electric four-door GT and Polestar 6, an electric roadster, are coming soon. The Polestar 0 project supports the company’s ambitious goal of creating a truly climate-neutral production car by 2030. The research initiative also aims to create a sense of urgency to act on the climate crisis, by challenging employees, suppliers and the wider automotive industry, to drive towards zero. Forward Looking Statements This press release contains statements that are not historical facts, but rather forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Polestar or its management believes or anticipates may occur in the future. All forward-looking statements are based upon, as applicable, our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including those risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Polestar’s Form 20-F, and other documents filed, or to be filed, with the U.S. Securities and Exchange Commission by Polestar. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.

Don’t ignore your EV’s “other battery”

Maintain 12-volt battery to avoid EV breakdowns “The other battery” essential for many EV functions Many electric car drivers remain unaware their EV has a crucial 12-volt battery that is essential to running their car, reveals leading breakdown provider Start Rescue. A faulty or flat 12-volt battery is the leading reason for an EV breakdown, rather than unfounded worries about the main battery’s range. Start Rescue’s research shows 23.7% of EV call-outs are due to the car not starting with the key, which is less than the 29.7% figure for petrol and diesel cars for the same issue. “EVs are very reliable but, like all cars, it has a 12-volt battery that needs to be looked after,” says Lee Puffett, Managing Director of Start Rescue. “Overall, EVs are less likely to require a breakdown call-out than ICE (internal combustion engine) vehicles, but EVs need to be driven to avoid the 12-volt battery going flat over time.” Alongside the large high voltage battery that powers an EV’s motor, the 12-volt system is vital for door locks, ignition, air conditioning, safety equipment, and running crucial controls for the electric drivetrain. The 12-volt battery in an EV is simple to maintain and Start Rescue advises drivers to use their EV regularly as the best way to look after both of its batteries – especially the 12-volt battery for all of the important systems that make it work. Lee Puffett adds: “Charging up the car regularly will top up the 12-volt battery as it charges differently to an ICE car. Pre-conditioning the car’s cabin temperature while it’s on charge is a big help, and you can also use a ‘trickle’ charger if you know the car will be parked up for longer periods, such as when you go on holiday.” Because the 12-volt battery is so important for EVs to function, Start Rescue advises any EV driver to read the vehicle’s manual to learn how to maintain the 12-volt battery’s charge. You can also ask a dealer for advice. Lee Puffett sums up: “There are so many electric vehicles with differing operating systems that it’s vital you learn how to maintain your EV’s 12-volt battery to avoid a breakdown.” Start Rescue has a 4.4-star rating on Trustpilot, a five-star Defaqto* rating and has achieved Which? Recommended Provider status for five years running. Start Rescue has also been awarded best Breakdown Cover provider in the Finder Customer Satisfaction Awards 2024 (www.finder.com), scoring 4.9 out of 5 for overall satisfaction with a 94% recommendation rate. In the What Car? Survey of Best Breakdown Cover, Start Rescue came top for best response time, reaching 77% of call-outs in 30 minutes to an hour and didn’t leave anyone waiting for more than two hours. Start Rescue also won best in the survey for performing temporary repairs that let people continue with their journeys. Launched in 2009, Start Rescue is an integral part of the nation’s fourth largest breakdown and recovery service, Call Assist, which now has more than two million UK customers. For further breakdown advice, please visit startrescue.co.uk.

Renault Group announces key appointments to support commercial ambitions in France and UK

From October 1, Guillaume Sicard will become VP Renault Brand for the market area France Adam Wood is appointed Managing Director Renault brand UK and Country Head Renault Group UK replacing Guillaume Sicard Guillaume Sicard and Adam Wood report to Ivan Segal, who was recently appointed VP Global Sales and Operations for the Renault Brand Managing Director of the Renault brand in the UK, Guillaume Sicard, is appointed VP Renault Brand for the market area France, replacing Ivan Segal as of October 1. In his new role, Sicard will report to Ivan Segal, recently appointed VP Sales and Operations for the Renault brand. As Managing Director of the Renault brand in the UK, in a complex post-pandemic environment, Sicard has delivered a significant business expansion and steered Renault’s re-emergence as a leading player in the UK market. Sicard has extensive automotive experience in France, in development of international markets and will continue to implement the Renaulution strategic plan in France and reinforce the Renault brand’s leadership in its home market. Sicard is a graduate of Orléans University and Essec (Ecole Supérieure des Sciences Economiques et Commerciales). In 1999, he joined the Renault Group’s marketing department in Spain, then Le Mans Renault Retail Group as Director. He was then appointed Vice President Marketing for Renault South Africa, before becoming Renault’s South-East Regional Director in France. After serving as COO of Renault Turkey, he joined Nissan Motor Corporation as President of the India Region for the Nissan and Datsun brands. He then became Vice President Sales and Marketing for the Asia-Pacific Region and Managing Director of South Asia for the Renault Group, before becoming Managing Director of Renault China. Adam Wood is appointed as Managing Director, Renault brand UK and Country Head Renault Group UK, replacing Sicard. His appointment marks a homecoming, as he returns to Renault UK having started on the company’s graduate programme after achieving a French degree from University of Bristol, before going on to achieve a Master of Science (MSc) qualification in International Business from the University of Nottingham. During his previous 14 years at Renault UK, Wood worked in roles covering marketing communications, product marketing and brand management, including senior positions as Dacia Brand Director, Marketing Director, Head of Marketing Communications and Corporate Planning Manager. He was Marketing Director of Vauxhall prior to his most recent role as Managing Director for Peugeot UK. Wood is joining Renault UK at a pivotal time. Renault is one of the fastest-growing brands in the UK over the past two years by registration volumes, and is seeking to drive home the early successes of the Renaulution with further growth as it renews and expands its model line up across passenger cars and LCVs. ABOUT RENAULTRenault, a historic mobility brand and pioneer of electric vehicles in Europe, has always developed innovative vehicles. With the ‘Renaulution’ strategic plan, Renault has embarked on an ambitious, value-generating transformation moving towards a more competitive, balanced and electrified range. Its ambition is to embody modernity and innovation in technology, energy and mobility services in the automotive industry and beyond. For further information, please contact:Camille CrosVP Renault brand Communicationscamille.cros@renault.com +33611724064 Jim HolderDirector of Communications, UKjim.holder@renault.co.uk – 07779 227930 Céline MoussyDirector of Communications, Franceceline.moussy@renault.com +33 677103217

Suzuki makes plans for an electric future

Suzuki will introduce its first fully electric car later next year followed by further EV models in the range through to 2030. In the lead up to this, Suzuki is in preparation to transition the brand and its dealer network to fully comply with all UK and EU legislation and will streamline its model range from the end of this year. Dale Wyatt comments ‘‘The departure of these models will make room for EV and enable us to compete during a period where our sales ratio of hybrid versus EV products will drive our business. We’re exiting the ICE era with a focus on SUV’s and new Swift, then starting in the second half of 2025 we’ll begin a period of EV growth.‘‘ In summary, by early 2025 – or sooner if dealer stock depletes, Swift Sport, Jimny LCV, Ignis and Swace will be discontinued from the model range. The Hybrid model line-up will then comprise of Swift, Vitara, S-Cross and Across PHEV. For this calendar year, Suzuki will sell similar volumes as achieved in 2023 in the UK and Republic of Ireland. Up to Seven Years Warranty – Free of Charge.Introduced last year and with over 26,000 customers now registered, low cost of ownership is bolstered with the inclusion of up to seven years warranty. This is offered free of charge once the car reaches the end of its standard manufacturer warranty period and is then booked in for its next scheduled service within the Suzuki Dealer network. This warranty stays in place until the next qualifying service and is then simply renewed again up to a maximum vehicle age of 7 years / 100,000 miles – whichever comes first.

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

Aramco has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited (“HORSE”) valuing the target at €7.4 billion enterprise value. Renault Group and Geely each retain 45% equity stakes. The investment by Aramco, will support the growth of HORSE Powertrain limited and contribute to the development of competitive powertrains and synthetic fuel solutions. HORSE Powertrain Limited is expected to have an annual production of five million powertrain units, encompassing a complete portfolio of advanced powertrain technologies for partners around the world. DHAHRAN, Saudi Arabia, Hangzhou, Hong Kong SAR, China, Boulogne-Billancourt, France and London, United Kingdom, June 28, 2024 – Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited, the new global powertrain solutions company, alongside Renault Group, Zhejiang Geely Holding Group and Geely Automobile Holdings Limited (“Geely”). HORSE Powertrain Limited was formed on May 31, 2024, by Renault Group and Geely and is incorporated and headquartered in London, UK. Aramco will acquire a 10% equity interest in HORSE Powertrain Limited in equal parts from Renault Group and Geely, which will each retain 45% equity stakes. The price to be paid by Aramco at closing, which is subject to customary closing conditions including the receipt of regulatory approvals, will be based on a €7.4 billion enterprise valuation. This investment will enhance Aramco’s contribution to the global energy transition through the development and commercialization of more sustainable mobility solutions. The agreements also include collaboration arrangements for Aramco and Valvoline on technologies, fuels, and lubricants to collectively improve the performance of HORSE Powertrain Limited internal combustion engines (ICE). Aramco, Renault Group, and Geely share the view that successful decarbonization of the automotive industry will require a combination of various technologies — including highly efficient ICE, transmissions and hybrid powertrains, alternative fuels such as lower-carbon synthetic fuels and hydrogen, as well as vehicle electrification — to support an orderly energy and mobility transition around the world. HORSE Powertrain Limited’s mission is to lead the race towards ultra-low emission next generation technologies, and Aramco’s unique capabilities, including a global network of R&D centers where research on synthetic fuels, hydrogen, and ICE optimization is conducted, will facilitate development of long-term sustainable and accessible decarbonized solutions. Ahmad O. Khowaiter, Aramco Executive Vice President of Technology & Innovation, said: “Aramco’s investment is expected to directly contribute to the development and deployment of affordable, efficient, and lower-carbon emission internal combustion engines globally. With Geely and Renault, we plan to leverage our collective expertise and resources to support ground-breaking advances in both engine and fuel technologies. With a strong emphasis on innovation, our goal is to provide solutions that can reduce transport emissions while meeting the needs of both vehicle manufacturers and motorists. In securing long-term partnership between Valvoline and HORSE Powertrain Limited, Renault Group, and Geely in connection with this investment, we are also demonstrating Aramco’s ability to both create and capture value at the global level.” Luca de Meo, Renault Group CEO, said: “Decarbonizing the automotive industry won’t be a solo play. It requires the best players to join forces to open new paths and come up with innovative solutions. That is what’s happening today as we welcome Aramco as a strategic partner in HORSE Powertrain Limited. A dream team is born to reinvent the future of ICE and hybrid technologies.” Daniel Li, Geely Holding CEO, said: “To achieve net zero emissions will require global synergies, multi-faceted technological solutions, and the sharing of expertise. With Aramco’s support and expertise in fuel technologies, HORSE Powertrain Limited further cements its role as a leader in pioneering low-carbon and carbon-free fuel technology solutions such as methanol and hydrogen.” Matias Giannini, HORSE Powertrain Limited CEO, said: “I am delighted that Aramco has joined HORSE Powertrain Limited. Their expertise in synthetic fuels and hydrogen makes them a great partner for us to deliver cutting-edge, low-emission powertrain solutions, driving our industry’s decarbonisation forward. Together, we will set new benchmarks for innovation in the automotive sector.” HORSE Powertrain Limited factsheet: 17 global plants 9 industrial customers in 130 countries 5 R&D centers c. 19,000 employees Strategic footprint focused on China, Europe, and Latin America Expected c. 5 million powertrain units per year All types of powertrain solutions covered – full hybrids and long-range plug-in hybrids as well as internal combustion engines that use alternative fuels such as ethanol, methanol, LPG, CNG, hydrogen, etc. ARAMCOMEDIA RELATIONS media.inquiries@aramco.com @aramco RENAULT GROUPPRESS RELATIONS Rie Yamane+33 6 03 16 35 20rie.yamane@renault.com François Rouget+33 6 23 68 07 88francois.rouget@renault.com RENAULT GROUPINVESTOR RELATIONS Philippine de Schonen+33 6 13 45 68 39philippine.de-schonen@renault.com GEELY HOLDING GROUPPRESS CONTACT Elaine Lin+86 135 1581 7888Jing.lin1@geely.com About AramcoAramco is a global integrated energy and chemicals company. We are driven by our core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.aramco.com About Renault GroupRenault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors and its unique expertise in electrification, Renault Group comprises four complementary brands – Renault, Dacia, Alpine and Mobilize – offering sustainable and innovative mobility solutions to its customers. Established in more than 130 countries, the Group has sold more than 2.235 million vehicles in 2023. It employs nearly 106,000 people who embody its purpose every day, so that mobility brings people closer. Ready to pursue challenges both on the road and in competition, Renault Group is committed to an ambitious transformation that will generate value. This is centered on the development of new technologies and services and a new range of even more competitive, balanced, and electrified vehicles. In line with environmental challenges, the…

Development of the Audi Power Unit for Formula 1: “significant milestones and goals achieved”

Adam Baker, CEO of Audi Formula Racing GmbH, and CTO Stefan Dreyer in a double interview Complete F1 Power Unit runs on the test bench and has already covered simulated race distances Development at the Neuburg site with 22 state-of-the-art test benches Neuburg a. d. Donau/Hinwil, June 28, 2024 – Work on the Power Unit for Audi’s Formula 1 entry has been underway for more than two years. The specially created Audi Formula Racing GmbH (AFR) in Neuburg a. d. Donau is responsible for the development of the F1 hybrid drive (“Power Unit”) and has successfully completed the set-up phase. Together with the Hinwil facility, the team from Neuburg will form the future factory team with which Audi will compete in the top class in 2026. The Audi F1 Power Unit “Made in Germany” is making great progress behind closed doors. AFR CEO Adam Baker and AFR CTO Stefan Dreyer provide an insight into the current status. Work on the development of the Audi Power Unit for Formula 1 has been underway at the Neuburg facility since spring 2022. What has been achieved so far?Baker: After just two years, our Power Unit, consisting of a combustion engine, electric motor, battery and control electronics, is running dynamically on the test bench. Successfully marrying the various components into a single unit is the result of hard work and great teamwork. The Audi Power Unit has already covered simulated race distances on the test bench. We gained a lot of testing time with the individual components in 2023 and were able to incorporate the experience gained into the next construction stages in parallel. Significant milestones and goals have been achieved, which gives the entire team a good feeling. Dreyer: We implemented a very ambitious modernization and expansion of our test facility. Today, we have 22 state-of-the-art test benches at the site. Our new development tools are state-of-the-art and have enabled us to achieve a steep learning curve. By testing on the test bench under simulated racing conditions we gain important insights in this phase of the project. After the successful race distances with the Power Unit we will soon be doing the same with the entire drive system, which means the combination of Power Unit and transmission. At the same time, we are going full throttle with performance development in order to achieve the goals we have set ourselves. On which tracks has the Audi Power Unit already been driven? Dreyer: We run the Power Unit on the test bench with different layouts from the current F1 calendar, depending on the purpose of the test. For example, Las Vegas is interesting for our development team in terms of overall energy management. Several alternating fast and slow corners and almost two kilometres of full throttle driving on the Las Vegas Strip provide the perfect development environment for fine-tuning the combustion engine and the ERS (Energy Recovery System) components. Baker: Hearing the Audi Power Unit being simulated today on tracks like Spielberg, Singapore or Las Vegas, not only gives everyone involved goosebumps, but also gives us the feeling that we are a big step closer to our first race in 2026. How has the development department set itself up for this challenging project? Dreyer: It was particularly important to establish a broad base in all areas, to create a good foundation for the development of the individual components – combustion engine, electric motor, battery, control electronics, software – to coordinate them with each other at an early stage. Our experience from previous motorsport projects with high-voltage technology, Le Mans, Formula E, but also from the current Dakar project, has helped us a lot. We have already proven in the past that we can develop conventional, hybridized and purely electric drivetrains. Nevertheless, the challenge in Formula 1 is a completely different one in terms of cutting-edge technology and competition. This also applies to our partners and suppliers – we are experiencing a very strong commitment from all sides. Even though the construction in Neuburg has been completed, is the intensity still increasing? Baker: There have been special milestones almost every month since the start of the project in spring 2022, for example the start of construction for our infrastructure expansion, the start of testing for the single-cylinder, the first test bench run of the electric motor and the V6 engine and the first race distances with the complete Power Unit. The fact that our entire team can fully concentrate on the development of the Power Unit for 2026 is an advantage for Audi. The remaining time until 2026 is all about achieving our development goals in terms of maximum overall vehicle performance with full focus. It will remain exciting until the first race – and after that, of course, too. Dreyer: Intensity is a good keyword for our performance development. The regulations allow a total of three test benches for single-cylinder tests, for example, which are not limited by the FIA in terms of operating times. We use this maximum number at the facility as intensively as possible for the development of combustion processes for internal combustion engines. So far, we have achieved all the targets we set ourselves for performance and efficiency in this phase. In addition, our fuel development has been running since 2022 with a strong partner who has many years of experience in Formula 1. This is a really decisive factor for our project, as the new sustainable fuel for 2026 will have even greater competitive relevance. A cost cap has also been in place for the development of the Power Unit since this year. How can we imagine day-to-day business under the FIA’s cost cap? Baker: Like all other Formula 1 teams and Power Unit manufacturers, we were faced with the challenge of setting ourselves up accordingly. It’s all about cost-cap efficiency and cost-cap conformity. One advantage was that we were able to start on a blank sheet of paper, so to speak, creating our own company, Audi Formula Racing GmbH, for…