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

More on Automotive

AA and Autotrader confirm EVs are easier to fix than petrol and diesel models

AA and Autotrader confirm EVs are easier to fix than petrol and diesel models

New AA data shows EVs enjoy a higher roadside repair rate than internal combustion engine cars

James Murray
clock 12 January 2026 • 3 min read
'Maturing segment': Used EVs selling five days faster on average than petrol and diesel models

'Maturing segment': Used EVs selling five days faster on average than petrol and diesel models

Used EVs sales increase by 52 per cent year-on-year, new Autotrader data reveals

Stuart Stone
clock 09 January 2026 • 3 min read
Fastned fast charging network expands to 400 stations in 2025

Fastned fast charging network expands to 400 stations in 2025

Company now operates in nine European countries, with the 50-station milestone crossed in France, Belgium, and Germany in 2025

clock 07 January 2026 • 2 min read