Geely Automobile Group now owns Geely Automobile Brand, Lectra Brand and Geometry Brand, owns 49.9% of Proton Automobile and all the operating rights, and owns 5 1% of luxury sports car brand.
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Important Notes of Geely Automobile in Recent Years:
On the evening of February 10, 2020, Geely Automobile announced that the management of the company was in preliminary discussions with the management of Volvo Cars to explore the possibility of restructuring through the business merger (proposed transaction) between the two companies. After the reorganization, Volvo Car's assets will be incorporated into Geely Automobile's Hong Kong listed company, and it will consider listing in Sweden in the future.
On September 7th, 2020, Geely completed the acquisition of Maanshan valin star horse, and Li Shufu became the actual controller.
202111,Baidu announced the formal establishment of a smart car company, and entered the automobile industry as a vehicle manufacturer. Geely Holding Group will become a strategic partner of the new company.
On February 24th, 20021,Geely and Volvo jointly announced that they had reached the best merger plan. ? [85]? The two sides announced a series of business mergers and cooperation on the basis of maintaining the existing independent corporate structure. Business portfolio and cooperation focus on powertrain, electrification, autonomous driving and operational cooperation.
Baidu Encyclopedia-Geely Automobile
Baidu Encyclopedia-China Geely Automobile