Volvo Agrees to Share Vehicle Technology With Geely
Swedish automaker Volvo has agreed to share its vehicle technologies with parent company, Geely, which will include the automaker’s midsize vehicle platform or underpinning technology, interior air quality, and safety systems.
Three technological cooperation agreements were signed by both automakers, though specifics and details were not released. It appears that Geely’s first and foremost objective is to use Volvo’s technology to improve the in-car air quality of its vehicles due to the poor air pollution in China.
SEE ALSO: Volvo Sale To Geely Completed
Much of what Volvo is sharing will be phased out over the next couple of years.
“Volvo Car enjoys a leading advantage in a number of technologies… These technologies and experiences are valuable to Zhejiang Geely Holding Group’s exploration into overseas market and its product quality improvement,” Geely said.
[Source: Reuters]
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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