At the beginning of Geely's acquisition of Volvo, the technical cooperation between the two parties was basically a single export of Volvo to Geely, including the promotion of automobile design and automobile safety. Later, as Geely's strength in the China market became stronger and stronger, the cooperation between the two sides deepened and joint development began. The CMA platform is a good example.
After the merger of the two brands, the cooperation will be deeper. Mainly in three aspects. First of all, in the new generation of dual-motor hybrid power system and efficient internal combustion engine. Second, * * * develop and use the next-generation pure electric exclusive modular architecture.
Third, based on the rich research and development achievements and experience of both sides, the two sides will jointly develop the world's leading highly autonomous driving solution.
2. In some ways, Geely feeds back Volvo.
The merger of the two brands shows that Geely is really strong now, strong enough to feed back Volvo. For example, both parties will use SEA, a huge architecture platform, which was developed by Geely. In the future, Geely, Volvo, Link and Polaris brands will all enjoy the platform.
Volvo helps Geely go international.
Although Geely has gone international, it is clear that Volvo has more experience in internationalization. After the merger of the two parties, Volvo will help Lexus brand go international, and Lexus will make full use of Volvo's overseas channels and after-sales network to gradually serve global users.
The fundamental reason why Geely and Volvo are merging now is that Geely is already very strong. At the time of acquisition, there was no merger for fear of affecting the development of the other party. But now, after the merger, we can realize deeper technical enjoyment and lower cost.
Extended data:
Geely and Volvo merge
On the evening of February 24th, Geely Holding Group held an online conference. Volvo Car and Geely Automobile jointly announced at the meeting that they had reached the best merger plan.
According to the information provided by Geely Holding, the merger plan of Volvo Car and Geely Automobile mainly includes six points. First of all, the two parties merged the powertrain business into a new company, focusing on the research and development of a new generation of dual-motor hybrid system and efficient internal combustion engine.
Secondly, the two parties jointly develop and use the next-generation pure electric exclusive modular architecture. The two sides will jointly develop the world's leading highly autonomous driving solution based on their respective rich research and development achievements and experience. The two sides will expand the scope and scale of joint procurement and reduce costs.
In addition, Link Auto will make full use of Volvo Car's overseas channels and after-sales network to gradually serve global users. Volvo Cars and Geely Cars will also maintain their existing independent corporate structures.