From Beijing to the sites of Avellino and Bologna, where Menarinibus has production and research respectively. Geely enters the former Italian bus industry with an important role and role
The first Chinese company to enter the industrial fabric of the Italian automotive is Geelythrough the acquisition of 25% of Menarinibus. The operation, of which many details are not known, was welcomed with satisfaction by the Minister of Business and Made in Italy Adolfo Urso: “The relaunch of Menarinibus is the symbol of the industrial rebirth of the country and the Chinese members will play an important role in This industrial project. ” The details of the relaunch, which would concern the Research Center of Menarinibus In Bologna and the production site of Avellino, they could emerge on 10 February downstream of the table scheduled at the Ministry of Companies and Made in Italy, also extended to the unions. The Geely group It is already present in Europe through the ownership of historical brands such as Volvo and Lotuswith the new brands Polestar and Zoekr, in addition to the participations in Daimler (also in Daimler Trucks), 9.7%, and in Aston Martinfor 7.6%. At least in terms of synergies and know-how Industrial, there should be no doubt about the positive contribution that the Chinese group will make in a company for years looking for relaunch.
Menarinibus
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Menarinibus, until 16 October 2024 known as Italian bus industryin June 2024 it was purchased by serious industrial, a company active in the battery business but not in the automotive field. Downstream of the acquisition, the goal of taking on 180 people by 2025. The hope is that the arrival of Chinese capital stimulates the hiring and relaunch of the company after years of crisis in the public transport sector, which has a key role in the mobility that chases sustainability. The Menarini bus fleet also includes the Citymood 12e, the only 12 -meter bus entirely designed and built in Italy. Geely will bring her know-how to Italy to develop new zero-emissions minibuses of 6 and 8 meters. The fear of the unions is that the new partner can decide to move the production of the components to its Chinese systems, putting his hands on one of the most strategic sectors of the Italian automotive industry.