Blimey! Hot off the press. Another one bites the dust
"Volvo Cars has shoved its carbon-emitting engine business off its books by moving all of its internal-combustion powertrains to a new joint-venture company called Aurobay.
A creation of Volvo and its Zhejiang Geely Holding Group parent, the Aurobay joint venture means there are no more combustion engines within the Volvo Cars Group, with the carmaker keeping only its electric powertrains on its balance sheet."
https://www.forbes.com/sites/michaeltay ... c672683b48