# Daimler and Geely partner on next-generation hybrid powertrains

Daimler AG and Geely Holding have signed an agreement to jointly develop the next generation of hybrid gasoline powertrains for Mercedes-Benz and Volvo Cars.

- Type: Partnership
- Announced: 2020-11-21
- Status: announced
- Products: hybrid gasoline powertrains
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Daimler](https://endata.com/companies/3543.md) (partner)
- [Geely Holding](https://endata.com/companies/25757.md) (partner)

## Sources

- [greenmove.hwupgrade.it](https://greenmove.hwupgrade.it/news/tecnologia/daimler-ag-e-i-cinesi-di-geely-holding-insieme-per-i-propulsori-ibridi-di-prossima-generazione-mercedes-benz-e-volvo_93642.html), 2020-11-21: "Lo scopo dell'accordo è far fare alla produzione un salto di livello in termini di economie di scala in aree che vanno dall'ingegnerizzazione alle catene di fornitura, dall'industrializzazione alle misure di efficientamento dei processi."

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