Volvo Cars and Geely team up for new hybrid engine venture

BusinessGreen staff
clock • 2 min read

'It's not like the combustion engine is going to be a growing business,' says Volvo CEO

Volvo Cars and Geely have announced plans to merge their existing combustion engine operations into a stand-alone business, in a bid to accelerate the development of hybrid drivetrains and allow Volvo's...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

BusinessGreen staff
Author spotlight

BusinessGreen staff

View profile
More from BusinessGreen staff

Climate finance still treats women as a risk - but the real risk is continuing to overlook them

TNFD: A tick-box exercise or genuine driver of sustainable change?

More on Automotive

The UK's EV transition is accelerating - but can it be sustained?
Automotive

The UK's EV transition is accelerating - but can it be sustained?

New official data suggests EV adoption in the UK is 'on track' to meet government targets, but the auto industry is continuing to demand an 'urgent review' of targets it fears are too ambitious

Stuart Stone
Stuart Stone
clock 12 March 2026 • 9 min read
Electric vehicle prices fall in Europe for first time in five years
Automotive

Electric vehicle prices fall in Europe for first time in five years

New Transport & Environment analysis shows EU's tougher CO2 rules helped drive down price of electric vehicles across the bloc by four per cent

Amber Rolt
clock 12 March 2026 • 4 min read
'Blind spot': Poll shows anti-EV myths continuing to gain traction with the public
Automotive

'Blind spot': Poll shows anti-EV myths continuing to gain traction with the public

Over half of non-EV drivers erroneously think EVs are more likely to catch fire than petrol models, while a third mistakenly believe EVs fail to deliver lifetime emissions savings

James Murray
James Murray
clock 09 March 2026 • 6 min read