Geely to Build EVs at Volvo Plants in Europe From 2028
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Geely plans to produce Chinese luxury models in Volvo's European plants from 2028, a move that would allow the Asian group to avoid tariffs imposed by Brussels on imports of electric cars made in China. The plan was confirmed by An Conghui, Geely's new chairman, at a time of change at the top of the car giant. An Conghui replaced founder Li Shufu, who remains one of the central figures in the group that controls Volvo. Local production, a respon…
Seeing Chinese cars coming out of the chains of a Volvo factory in Europe with a Geely logo or Zeekr on the grille... This scenario still seemed theoretical. Yet, this scenario will materialize. The Chinese group Geely decided to use the European industrial tool of Volvo. The aim is to assemble its high-end models from 2028. Against the background, an accelerated attack by Chinese manufacturers on the Old Continent. And a Europe that increased t…
The discussions will have lasted very little. Just two months ago, Volvo's boss opened the doors of the... Read more Chinese Geely will use Volvo's plants in Europe first appeared on Automobile Clean.
The chairman of the car manufacturer Geely Automobile, which has the same main owner as Volvo Cars, states that the Swedish company will start manufacturing cars for more brands within the group. “This is speculation,” says Magnus Holst, press spokesman for Volvo Cars.
It is at the semi-annual results conference that An Conghui, Geely's leader, announced that Volvo will lend its European factories and that the series production of its high-end vehicles will begin in 2028. Geekly has already announced in July this objective of installation in Europe in a Volvo plant. The leader confirms it again, on 18 August, in front of the shareholders. Geely relies on Volvo to produce in Europe First, let's put a bit of con…
Geely sees European factories as essential to its international strategy, in particular those of Volvo - which will produce premium models of its portfolio, which also includes brands such as Zeekr.
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