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Volvo CEO Hakan Samuelsson offers factories to Geely, Zeekr, Lynk & CO in Europe

Hakan Samuelsson was brought out of retirement to revive Volvo.
Volvo CEO Hakan Samuelsson says sibling brands within the Geely family "should talk with Volvo and see if they can utilize capacity we already have.” (BLOOMBERG)
June 17, 2026 07:36 AM EDT

Volvo Cars CEO Hakan Samuelsson has offered the Swedish automaker’s European factories to build vehicles for Chinese sibling brands Geely, Zeekr and Lynk & CO, saying it would give them a faster, cheaper path into Europe than investing in new plants as stricter European Union investment rules loom.

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