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A new golden decade? Interpretation of the merger
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The dust settled! After ten years of holding hands, Geely Automobile and Volvo Car finally handed in an answer sheet on the merger.
On the evening of February 24, Volvo Cars Co., Ltd. (referred to as "Volvo") and Geely Automobile Holdings Co., Ltd. (referred to as "Geely") jointly announced that the two parties reached the best merger plan. Among them, the merger plan involves powertrain business, next-generation pure electric exclusive modular architecture, autonomous driving solutions, joint procurement scope and scale, and Lynk & Co's overseas channels.(More: [Link removed - login to see]
On the evening of February 24, Volvo Cars Co., Ltd. (referred to as "Volvo") and Geely Automobile Holdings Co., Ltd. (referred to as "Geely") jointly announced that the two parties reached the best merger plan. Among them, the merger plan involves powertrain business, next-generation pure electric exclusive modular architecture, autonomous driving solutions, joint procurement scope and scale, and Lynk & Co's overseas channels.(More: [Link removed - login to see]