Volvo Cars, Geely to form JV for next-gen EV technology
JV to be 50:50 owned by Volvo Cars and Geely Holding and be headquartered in China
Swedish carmaker Volvo Cars and sister brand Geely Auto will form a technology joint venture (JV) to develop next generation electrified vehicle technology, Volvo announced in a press release on 20 July.
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