Geely - Volvo’s owner plans to increase investment in its Polestar’s sub-brand.
According to latest car news from Geely, Volvo’s sportiest models will be likely to benefit from Lotus’s technology. Volvo’s China-based owner has recently acquired a controlling stake in Lotus. This will open the door to a potential cooperation among European auto marques.
Volvo’s sportiest models will be likely to benefit from Lotus’s technology
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Lotus’ expertise is “pretty applicable all over the board" and highly appreciated in automotive industry, shared Roger Wallgren, the new XC60 for sale’s Principal Engineer of Vehicle dynamics. "You need to have a dialogue - you can exchange knowledge back and forth," he added.
Although no decisions have been officially made, Lotus is expected to help Volvo with the basic chassis and suspension engineering or concentrate on Volvo's high-performance Polestar packages. Wallgren strengthened that in any case, Geely would still have “a lot of ambition” for Volvo’s future models, including other investment in Polestar.
Lotus is expected to help Volvo with the basic chassis and suspension engineering.
In addition, Geely officials have also pledged in a statement that it also aimed to “unleash the full potential of Lotus Cars and bring it into a new phase of development” thanks to the company’s experienced accumulated through Volvo Cars. If this comes true, both Lotus and Proton (Lotus’ parent company) will have a promising future.
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With the assistance of Lotus, Geely is believed to build more high-performance Volvos which will directly compete with Mercedes-AMG, BMW M, and Audi Sport.