Volvo Cars and Geely Holding create Aurobay joint venture

Volvo Cars and Geely Holding have agreed to create a joint venture named Aurobay for their powertrain operations, transferring Volvo's engine plants in Sweden and China to the new company.

“The new company will be a global supplier of complete powertrain solutions including next generation combustion engines, transmissions and hybrid solutions.”volvocars.com

• 2 sources
• volvocars.comVolvo Cars and Geely Holding create Aurobay for joint powertrain operations | Volvo Cars Media IntlJul 8, 2021
• electrive.comVolvo & Geely found powertrain joint venture - electrive.comChris RandallJul 8, 2021

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