Volvo’s owner will offer its ‘transformative’ EV tech to competitors
It’s not uncommon in the car industry for competitor brands to work together to develop common technologies. However, in the following case, it seems that Geely, the Chinese carmaker that also owns Volvo, Polestar, and Lotus, is just going to sell its tech directly to its rivals. According to a Financial Times report, Geely has created a new process for building electric vehicles, which it hopes will be one of a handful of platforms that will dominate the industry in the coming years. The report says the new BEV (battery electric vehicle) platform could offer ranges of up to 700…
This story continues at The Next Web
