Volvo Cars, Geely to merge combustion engine operations

volvo

Source: Volvo Cars

Volvo Cars and China’s Geely plan to merge their combustion engine operations, forming an independent new business unit that could also supply other car manufacturers.

Volvo Cars and China’s Geely plan to merge their combustion engine operations, forming an independent new business unit that could also supply other car manufacturers. Volvo Cars, which is part of the Geely Group, said the move will allow it to focus on the electric motors it expects to power half of all cars sold by 2025.

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