# Geely and Volvo discuss merger of engine businesses

Geely Automobile and Volvo Car Group are exploring merging their engine businesses to create a global powertrain unit, including hybrid powertrains. The project is in planning stage.

- Type: Partnership
- Announced: 2024-01-15
- Status: rumored
- Products: engines, hybrid powertrains
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Geely Automobile Holdings](https://endata.com/companies/27939.md) (partner)
- [Volvo Car](https://endata.com/companies/29430.md) (partner)

## Sources

- [haythink.com](https://www.haythink.com/chinese-carmaker-geely-and-volvo-discuss-merger-of-engine-business/), 2024-01-15: "Geely Automobile Group and Volvo Car Group under Zhejiang Geely Holding Group are exploring the possibility of merging their engine business."

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