Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company
Green Car Congress
FEBRUARY 25, 2021
Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales. Volvo Cars and Geely Auto confirmed the combination of their existing powertrain operations into a new standalone company.