Daimler AG and Geely Holding Team Up To Produce Hybrid Powertrains
Daimler AG and Geely Holding, the parent companies of Mercedes-Benz AG and Volvo Cars, have announced their intention to work together in creating highly advanced powertrain systems for next-generation hybrid vehicle applications. As stated by Daimler’s press release, the two companies “work together on hybrid powertrain solutions to enhance their global competitiveness and create…