# Geely Holding and Foxconn form joint venture for automotive OEM services

Geely Holding Group and Foxconn Technology Group signed a strategic agreement to form a joint venture company, each holding a 50% stake, to provide OEM and customized consulting services for whole vehicles, parts, and intelligent drive systems to global automakers.

- Type: Partnership
- Announced: 2021-01-13
- Status: announced
- Products: whole vehicles, parts, intelligent drive systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang Geely Holding Group](https://endata.com/companies/24488.md) (partner)
- [Foxconn Technology Group](https://endata.com/companies/25880.md) (partner)

## Sources

- [foxconn.com](https://www.foxconn.com/en-us/press-center/press-releases/latest-news/524), 2021-01-13: "Geely Holding Group and Foxconn Technology Group signed a strategic cooperative agreement and will establish a joint venture company to provide OEM and customized consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms."

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