Daimler AG and Geely Holding, respective parent companies of Mercedes-Benz AG and Volvo Cars, have launched plans to collaborate on developing hybrid powertrains.
The cooperation is said to enhance the global competitiveness of both groups and create true economies of scale. The next-generation hybrid powertrains will be produced at the companies’ facilities in Europe and China.
Current plans will see the hybrid drivetrain utilised by Mercedes-Benz AG together with its established partners in China, as well as the wider Geely Holding Group portfolio of brands.
These include Volvo, Lynk & Co, Proton, and Lotus.
Want a taste of what future hybrids from Volvo could be like? The S60 Recharge gives us a glimpse!
Or perhaps this Mercedes electric turbocharger is more likely to get your blood going?