How many brands has Geely acquired?
1 Answers
Geely has acquired 8 brands including Volvo, Proton, Lotus, London Electric Vehicle, Farizon Auto, Lynk & Co, Polestar, and Geometry. Below is the acquisition history of Geely: Geely's acquisition history: In 2017, Geely acquired Proton. In February 2013, it acquired the British London Taxi Company. On August 2, 2010, it acquired 100% of Volvo's car business. In 2017, it acquired 9.69% of Daimler's shares, becoming the largest shareholder. Geely's management rights: Geely Auto Group currently owns the Geely Auto brand, Lynk & Co brand, and Geometry brand, holds 49.9% of Proton's shares with full management rights, and owns 51% of the luxury sports car brand Lotus. In April 2019, Geely Auto officially signed a contract with the 19th Asian Games Organizing Committee to become the official automotive service partner of the Hangzhou Asian Games, marking a new phase in Geely Auto's brand upgrade journey.