Geely partners with Sweden to establish innovation center

Updated 2017-06-29 10:00:27 Xinhua

Chinese auto maker Geely Wednesday signed an agreement with Sweden to set up an innovation center.

Based in Volvo's western Swedish hometown of Gothenborg, the center will be Geely's largest investment in a research facility in Europe.

The innovation center, covering 70,000 square meters, will start operations in 2020, a new home for Geely's previous Gothenborg R&D center CETV and design center.

Geely acquired Volvo in 2010.

Geely is best known for its low-priced cars, but the company is reinventing itself as an innovator through new-energy and Internet-equipped vehicles.

Geely has four design centers in Sweden, Shanghai, Barcelona and California.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58September 26 2017 18:48:44

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16September 26 2017 18:48:44

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18September 26 2017 18:48:44

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords