Volvo Cars divests its holding in Aurobay to Geely Holding; to be part of new Renault-Geely powertrain company
Green Car Congress
NOVEMBER 8, 2022
Volvo Cars has a strategic direction to become fully electric by 2030 and shape the future of mobility. The divestment is yet another important step in Volvo Cars’ transformation towards becoming a fully electric car manufacturer. Earlier post.). The detailed terms of the transaction are not disclosed.
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