# Volvo Cars and Geely Holding create Aurobay joint venture for powertrain systems

Volvo Cars and Geely Holding agreed to create a joint venture named Aurobay to supply powertrain systems, including internal combustion engines, transmissions, and hybrid solutions.

- Type: Partnership
- Announced: 2020-06-19
- Status: announced
- Products: powertrain systems, internal combustion engines, transmissions, hybrid solutions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volvo Cars](https://endata.com/companies/21173.md) (partner)
- [Geely Holding](https://endata.com/companies/25757.md) (partner)
- [Aurobay](https://endata.com/companies/48003.md) (partner)

## Sources

- [star.gr](https://www.star.gr/eidiseis/autokinito/549644/synergasia-ths-volvo-gia-ta-systhmata-kinhshs), 2020-06-19: "Η Volvo Cars και η μητρική της εταιρεία, Geely Holding, συμφώνησαν να δημιουργήσουν κοινοπραξία υπό το όνομα Aurobay για τα συστήματα κίνησης."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.