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Original title: Rumors come true Geely and Daimler jointly research hybrid technology Source: Fast Technology
The rumors come true! A few days ago,Daimler (parent company of Mercedes-Benz AG) and Geely Holding Group (parent company of Volvo Cars) intend to collaborate on an efficient fuel system for next-generation hybrid vehicle technology.It is reported that the partners intend to jointly develop hybrid power system solutions to create economies of scale and increase competitiveness in the global market. Areas of cooperation are expected to include engineering research and development, procurement, industrialization and efficiency measures.
From official information, this cooperation can be understood from approximately four aspects:
One is that the two sides will use their respective global research and development networks to jointly develop next-generation gasoline engines for hybrid technology;
The second is that the engine will be manufactured by partners in engine plants in Europe and China;
Third, the engine could be adopted by Mercedes-Benz and its existing partners in China and used in multiple brands under Geely Holdings, including Volvo;
Fourth, exporting the engine from China overseas will also be one of the possibilities.
It is worth mentioning that there have been rumors that cooperation between Geely and Daimler on engines will officially begin in 2024 and hundreds of thousands of gasoline engines will be jointly produced each year. Daimler will be responsible for engine development, while Geely will be responsible for Product. in China, this will save Daimler hundreds of millions of euros in costs every year.
Although the official did not release specific information this time, judging from the previously exposed news, the above rumors all fall within a reasonable range. Of course, it does not rule out that the two sides will have further cooperation in the future.
The partnership between Geely and Daimler can be traced back to 2018, when Geely Group Co., Ltd. acquired 9.69% of Daimler’s shares. Subsequently, Daimler said it could partner with Geely.
At present, the two sides have carried out a number of cooperation projects,It includes joint operations and promotion of intelligent brand transformation and upgrade on a global scale and provision of high-end travel services in the Chinese market.
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