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Finance

Mercedes in early talks with Geely to deepen ties, Bloomberg reports

Published by Global Banking & Finance Review

Posted on March 13, 2026

1 min read

· Last updated: April 1, 2026

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Mercedes in early talks with Geely to deepen ties, Bloomberg reports

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March 13 (Reuters) - Mercedes-Benz has held preliminary talks with Chinese automaker Geely on expanding ties between the companies as the German automaker looks to strengthen vehicle development in

Mercedes Discusses Expanded Partnership with Geely Amid China Growth Plans

Overview of Mercedes-Benz and Geely Partnership Talks

Background of the Discussions

March 13 (Reuters) - Mercedes-Benz has held preliminary talks with Chinese automaker Geely on expanding ties between the companies as the German automaker looks to strengthen vehicle development in its largest market, Bloomberg News reported on Friday, citing people familiar with the discussions.

Verification and Response

Reuters could not independently verify the report.

Official Statements

Mercedes-Benz did not immediately respond to Reuters request for comment.

(Reporting by Dagmarah Mackos; Editing by Louise Heavens)

Key Takeaways

Mercedes-Benz and Geely exploring expanded cooperation, signaling deeper strategic collaboration in China’s automotive ecosystem.
Recent developments include Mercedes planning to leverage Geely’s GEEA 4.0 electronic‑electrical architecture for a new compact EV platform, dubbed 'Phoenix', slated for around 2030.
In 2025, Mercedes-Benz Digital Technology acquired a 3% stake in Geely‑affiliated autonomy tech firm AFARI (formerly Qianli), underscoring increasing involvement in localized intelligent driving technologies.

References

Frequently Asked Questions

What is the main focus of the Mercedes and Geely talks?

The talks focus on expanding ties to strengthen vehicle development in China.

Has Mercedes-Benz confirmed the discussions with Geely?

Mercedes-Benz has not immediately responded to requests for comment about the talks.

Why is Mercedes interested in deepening ties with Geely?

Mercedes aims to enhance its vehicle development in its largest market, China.

Who reported on the talks between Mercedes and Geely?

Bloomberg News reported on the preliminary discussions, citing sources familiar with the matter.

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Mercedes in early talks with Geely to deepen ties, Bloomberg reports

Mercedes Discusses Expanded Partnership with Geely Amid China Growth Plans