US EditionGeely’s Quiet Factory Play: How China’s Auto Giant Plans to Build Volvos Inside Fortress Europe
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Geely’s Quiet Factory Play: How China’s Auto Giant Plans to Build Volvos Inside Fortress Europe
While Washington and Brussels race to erect tariff walls against Chinese electric vehicles, Zhejiang Geely Holding Group is doing something deceptively simple. It’s making cars where the customers are. The Chinese automotive conglomerate — parent company of Volvo Cars, Polestar, Lotus, and the fast-growing Zeekr brand — is accelerating plans to shift production of key models into existing European factories, effectively sidestepping the trade ba…
To circumvent tariffs in Europe, the Chinese group Geely could manufacture its electric cars in Volvo's factories. This is what the owner of the Swedish brand is advocating, wanting to capitalize on underutilized sites. [Read more] Want to find the best Frandroid articles on Google News? You can follow Frandroid on Google News with one click.
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