Volvo Cars and Geely Holding create Aurobay for joint powertrain operations; engines, transmissions and hybrids
Green Car Congress
JULY 9, 2021
Volvo Cars and its parent company Geely Holding will create a joint venture under the name Aurobay for its powertrain operations, as the companies proceed with their earlier announced plans to merge these into a new, stand-alone business. By 2030, it plans for every car it sells to be pure electric.
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