Is Geely's Engine Technology from Volvo?
1 Answers
Geely's engine technology is indeed derived from Volvo. Here are the relevant details: 1. Core Components: Geely's acquisition of Volvo does not imply unrestricted access to Volvo's core components. Prior to the acquisition, both parties would have established clear agreements during the formulation of acquisition details. Additionally, it was Geely Holding Group that acquired Volvo, not Geely Automobile. 2. Factors: From the perspective of engine core technology, Geely naturally sought to gain Volvo's technical support post-acquisition. However, constrained by practical limitations such as cost, personnel, and product strategy, the more prudent approach was to treat this technology as a reserve rather than an immediate application.