Geely to build an innovation center in Sweden
Geely signed an agreement with the Swedish authorities to build a new innovation center at Volvo's headquarter in Gothenburg.
It will be the main investment in this regard made by the Chinese carmaker in the Old Continent.
The facility will extend over an area of more than 70,000 square meters and it will be operational starting in 2020.
Geely is already active in Europe with design centers in Sweden and Barcelona, alongside those in California and Shanghai.