According to a report, Volvo Cars will merge its engine development and manufacturing assets with Geely.
Oct. 8, 2019—Volvo will merge its engine development and manufacturing assets with Geely, reported Reuters. The merge marks the latest example of consolidation in the engine manufacturing sector as tighter emissions rules raise development costs.
Volvo currently builds 600,000 combustion engines, a number that will rise to about 2 million when combine with Geely's assets.
In the medium term, Volvo will drop diesel engines altogether in favor of focusing on hybrid and electric powertrains.
Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...
Enhance your collision repair workflow with Autel’s IA900, a process-driven solution integrating precision alignment, bi-directional diagnostics, and ADAS calibration. Designed...
The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...
