82. Joint Venture with Geely - an opportunity to coolaborate
Release Date: 03/12/2018
Joint Venture with Geely - an opportunity to coolaborate
2017 a new company was founded called Geely Volvo Automobile Technology. The scope for this Joint Venture company between Volvo Cars and Geely Auto is to share technology in order to save resources and use our common competence in the Geely group as optimal as possible.
We have already reaped the fruit of successful corporation when Volvos first car the XC40 on the common CMA-platform just won the prestigious award “Car of the year 2018”. The JV-company has two offices. One in Göteborg and one in China. Hans Lindh with a long carrier for more than 30 years is the CEO of the Goteborg based office. We meet and talked about the setup of the company and all opportunities but also on risks for this new corporation. Please join us in the dialog.