Geely va produce mașini în fabricile Volvo din Europa

Volvo's European factories are set to produce luxury models for Geely brands starting in 2028, enhancing local production without new investments. An Conghui, the new CEO of Geely Auto, confirmed this plan, although specific models and factories were not disclosed. The Gent factory in Belgium is a strong candidate for this production, following a recent agreement for modernization. This move aims to circumvent EU tariffs on electric vehicles from China, allowing Geely to expand its market presence in Europe. The strategy aligns with Geely's goal to generate two-thirds of its sales outside China and achieve a 5% market share in key regions by 2030.