Volvo or deepens technical cooperation with Geely

According to informed sources, in addition to safety technology and air quality in the car, the cooperation between the two parties will be further diversified. Volvo Car Group announced that the core of the future generation of Volvo cars SPA (Extensible Vehicle Platform Architecture) and VEA (Volvo Engine Cluster) The main research and development work has been completed, and the company has entered the operational stage of designing physical products and upgrading production facilities.

It is reported that the above two platforms are the main part of Volvo’s $11 billion investment project since last year. Informed sources told the "Securities Daily" yesterday that after Volvo made no suspense, Geely intensified its cooperation with Volvo, especially the technical level, and did not rule out future cooperation from the aforementioned investment projects.

Ten billion US dollars to create a platform

At the 2011 Frankfurt Auto Show, Volvo announced for the first time the development of SPA's extensible vehicle platform architecture and VEA engine clusters, and became a major part of Volvo’s $11 billion investment.

Among them, SPA can expand the vehicle platform architecture, covering most of Volvo's future models. It forms a product series and performs flexible production through sharing modules, which means that the multi-line production of the enterprise will end the situation of high cost. The VEA engine cluster has the same modular design, and the engine's fuel economy can be increased by 35%.

“The improvement of these two platforms will enable Volvo to get rid of the dilemma of “growth” between brand power and product power, and increase scale efficiency.” Peter Mortens, senior vice president of R&D at Volvo Car Group, stated that the new platform architecture The next product will account for about two-thirds of the total sales in the future, and about 40% of the parts will be common on all models.

Geely will accelerate cooperation

Volvo is not only about to step into the domestic ranks, but in the introduction of more than 10 new models in the next five years, the above platform will be used as the basic platform for the product. "The scale and efficiency of the new platform and the cost control have a certain relationship with Geely. In the future, both parties will not rule out the origin of these two platforms in their technical cooperation," said the person familiar with the matter.

On March 9th this year, Geely and Volvo signed a technology transfer agreement to jointly develop small-displacement, high-performance, green environmental protection series of engines, environmentally friendly small-sized vehicle platforms, electric vehicles, hybrid vehicles, and plug-in hybrid vehicles. New energy vehicle assembly system technology.

Just last week, Geely Automobile announced that the controlling shareholder Zhejiang Geely Holding Group and Volvo Cars have signed three technical cooperation agreements, involving the upgrading of the GMC (intermediate model) platform, the in-car air quality, and the technical cooperation in the GX7 model safety field. .

In addition, with the expansion of production capacity of Geely's mid- to high-end models (such as Emgrand's expansion of 100,000 capacity in Hangzhou Bay next year) and the application of 6AT transmissions by all three brands (Dihao, Global Hawk, and England), Volvo's safety technology and air Quality standards will also be injected.