Volvo Cars and Geely to create standalone engine development company

Jerrica · Oct 8, 2019 11:12 AM

Volvo Geely new engine company

Volvo Cars and Geely announced that they have plans to create a standalone business focused on developing the next generation combustion engines and hybrid powertrains.

The new arrangement is to allow Volvo Cars to focus on developing electric drivetrains. Volvo has high hopes that by 2025, 50% of the brand’s sales volume will be fully electric. 

This latest development comes in line with Volvo Cars’ ambitions to include a hybrid and full-electric powertrain for all their models.

Volvo XC60 T8

For Geely, the planned new entity means technologically advanced and efficient combustion engines and hybrid powertrains would be easily available to Geely Auto, Proton, Lotus, London Electric Vehicle Company (LEVC), and Lynk & Co.

Jerrica

Writer

There isn’t a time in memory that doesn’t involve staring at cars. After discovering the excitement of watching Schumacher vs Hakkinen, Formula 1 became a major part of life. The love for cars and F1 ultimately led to a job with CAR Magazine. The untimely death of the magazine meant a hiatus from cars at lifestyle women’s magazine Marie Claire before another opportunity came knocking again.

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