Is Volvo Owned by Geely?

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Volvo is a car brand owned by Geely, although it was acquired by Geely, Volvo Group operates independently. Below is an introduction to Volvo Cars and Geely Company: Introduction to Volvo Cars: Volvo Cars is an automotive brand founded in 1927 in Gothenburg, Sweden. In addition to passenger cars, it is also a world-renowned manufacturer of commercial vehicles. Its products also include aerospace and aviation equipment, as well as various machinery, covering medium and large trucks, buses, special-purpose vehicles, and various vehicle chassis, engines, transmissions, etc. Introduction to Geely Company: Zhejiang Geely Holding Group Co., Ltd. is a privately-owned passenger car production and operation enterprise. It owns numerous internationally renowned brands, including Geely Auto, Lynk & Co, Volvo Cars, Polestar, Proton, Lotus Cars, London Electric Vehicle Company, Yuan Cheng New Energy Commercial Vehicle, Terrafugia, Cao Cao Mobility, Homt, Saxo Bank, and Mingtai.