The two companies are aiming to become the leader in developing and supplying hybrid and ICE powertrains.
The objective is to develop products that will meet the future demand for safer vehicles and to save more lives.
The new vehicle will be designed to be rider-centric from the outset, says Geely.
The all-electric Maple 30x model was released via an online launch ceremony.
The proposed new business would clear the way for Volvo Cars to focus on the development of its all-electric range of premium cars. By the middle of the next decade the automaker expects half its global sales to be fully electric and the other half hybrid, supplied by the new unit.
Linglong and Geely began their cooperation in 2012. During the past eight years, Linglong has been providing OE service to full range of models of Geely’s automobiles with excellent products and services.
Garmin will support Geely’s high quality standards by utilizing its state-of-the-art production facility in China to manufacture the automotive grade camera and recording systems.
Reuters reports that the business is worth approximately $3.3. billion.