Geely Auto plans to deepen cooperation with Volvo and other partners

Geely Auto founder Li Shufu said the company plans to use existing factories to produce its own brands and deepen cooperation with partners such as Volvo and Renault. Group founder Li Shufu stressed at an internal meeting that the company has no intention of building factories in Europe or the United States, and he called for "immediate action" in other regions to address the problem of global overcapacity in automobile production.