Proton set to share advanced technologies from Geely’s involvement


KUALA LUMPUR ― Zhejiang Geely Holdings Group’s purchase of a stake in Proton Holdings Bhd is proving to be highly positive as the national car manufacturer will now be able to tap into advanced auto technology given the Chinese group’s acquisition of Mercedes Benz owner Daimler AG just last month.

There is now the looming prospect of sharing electrical car technologies since Proton has become part of a potentially lucrative and technologically-advanced auto group.

This includes international brands such as Daimler, Mercedes Benz, Volvo cars and trucks,  Lotus as well as London Taxi Cabs.

Geely bought Daimler as it is racing to build electric cars to meet tough Chinese emission standards and produce energy-efficient cars.

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