Geely restructures smart driving R&D in latest cost cutting move: report
Volvo’s parent Geely to build $170 million joint factory in Vietnam. Credit: Geely Chinese automaker Geely Holding Group is merging three existing divisions that develop intelligent driving technologies—and together employ more than 3,000 engineers—into one, in a sweeping restructuring that also includes the hiring of a senior executive from Huawei,…
bubmagAugust 5, 2025