Daimler and Geely to co-develop highly efficient hybrid powertrains


Daimler and Geely have announced plans to collaborate on developing highly efficient hybrid powertrains to be used in the next-generation vehicles. More specifically, both automotive groups will utilize their global R&D networks to work together on a next-generation gasoline engine for hybrid applications, to be produced at the companies’ powertrain facilities in Europe and China.

Our goal continues to be CO2-neutrality. By 2039, our ambition is a completely carbon-neutral new passenger car fleet. The consequent electrification of our powertrain portfolio therefore is an integral part of our drivetrain strategy. To this end, we are systematically converting our portfolio, so that by 2030 more than half of our passenger car sales will be comprised of plug-in hybrids or purely electric vehicles. We are looking forward to the future; when, together with Volvo’s ICE unit and Geely, we will further extend our synergies in the field of highly efficient drivetrain systems in China and the world. – Markus Schäfer, Member of the Board of Management of Daimler and Mercedes-Benz; responsible for Daimler Group Research and Mercedes-Benz Cars COO

Being under the Geely umbrella, Volvo Cars appears to play a key role in this collaboration. Both companies are also considering to export the engines from China to the markets elsewhere.

Also read: smart joint venture confirms global executive team

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