Changan Automobile and Geely Holdings have signed a strategic co-operation framework agreement aimed at promoting closer working ties between each other and their various brands.
The agreement between the two Chinese car makers – which centres on the areas of new energy, intelligence, overseas market expansion and mobility – has been conceived to improve the core competitiveness of each company, according to a media statement jointly issued by Changan and Geely on Wednesday.
In April 2023, Changan ranked third among China's car makers by global sales volume and Geely was fifth.