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A comment on Volvo and Daimler bet on hydrogen truck boom this decade. Parent comment

Re:Volvo and Daimler bet on hydrogen truck boom this decade by mywittyname on Thursday May 13, 2021 @04:35PM (#27147082)
AB Volvo is owned by Geely. Volvo Trucks is wholly owned subsidiary of AB Volvo.

Volvo Cars is owned directly by Geely, but is not a subsidiary of AB Volvo. Which is probably where your confusion is coming from.

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Re:Volvo and Daimler bet on hydrogen truck boom this decade by laurencerowe on Thursday May 13, 2021 @06:03PM (#27148056)
> AB Volvo is owned by Geely. Volvo Trucks is wholly owned subsidiary of AB Volvo.

According to https://en.wikipedia.org/wiki/Volvo they remain an independent company with Geely as their second largest shareholder at 8.2%.

More complete breakdown here: https://www.volvogroup.com/en/investors/the-volvo-share/owne...

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