Volvo Cars to set up new tech JV with parent Geely, take significant minority stake in LYNK & CO

by Lei Xing   2017-07-21

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STOCKHOLM – Volvo Cars signed separate MOUs on July 20 with parent company Geely Holding Group to set up a new joint venture technology company and for the Swedish carmaker to a significant minority stake in LYNK & CO, the international premium brand launched by Geely last year.
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