Volvo Cars and Geely Holding to form joint venture for technology sharing

Volvo Cars and Geely Holding signed a Memorandum of Understanding to establish a 50/50 joint venture to share vehicle architecture and engine technologies, with headquarters in China and a subsidiary in Gothenburg, Sweden.

“This planned collaboration will strengthen Volvo’s ability to develop next generation electrified cars.”volvocars.com

• 1 source
• volvocars.comVolvo Cars and Geely to deepen partnership and establish joint venture to boost synergies | Volvo Cars Media IntlJul 20, 2017

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