Daimler and Geely are cooperating in the area of hybrid applications. Together they want to develop a new, highly efficient drive system. The cooperation covers the areas of development, procurement, industrialization and efficiency. Together they want to develop a highly efficient gasoline engine that is also designed for hybrid applications.
Head of Research Markus Schäfer explains: “Our goal is still to be CO2 neutral. We aim to have a climate-neutral new car fleet by 2039. The consistent electrification of our powertrain portfolio is therefore an essential part of our powertrain strategy. ”Schäfer has a clear goal:“ To this end, we are systematically converting our portfolio so that by 2030 more than half of our car sales will consist of plug-in hybrids or purely electric vehicles will exist. “
Hubertus Troska, member of the Daimler Board of Management responsible for China: “We have seen strong momentum in the development of the Chinese automotive industry in recent years and are convinced that China continues to offer great potential in terms of innovation, efficiency and economies of scale. By working with the Geely Holding Group, we will not only improve our presence in the world’s largest automotive market, but also strengthen our position along the industry’s global value chain for the future. “
Volvo is also part of Geely Holding.