Volvo and Geely merging development for engines, still needed in hybrids

Posted By Green Car Reports
Date Thursday, 10 October 2019, at 9:00 a.m.
2020 Volvo XC40 PHEVVolvo will offload its development of internal combustion engines to a new joint project with parent company Geely, the two companies announced Monday, allowing Volvo's in-house propulsion engineers to concentrate exclusively on electric powertrains. While Volvo says it believes ICEs are here to stay for the foreseeable future, it is in the early...

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