Volvo, Polestar, Lotus, Lynk & Co, Zeekr, Geometry, London Electric Vehicle Company, Proton, Radar Auto, Farizon Auto, Ouling Auto – these are some (but not all) brands owned by Geely. The automotive giant owns half of Smart through its 50:50 joint venture with Mercedes at which it's one of the biggest shareholders. Last September, it bought a 7.6 percent stake in Aston Martin Lagonda. Now, it's more than doubling its share to reach around 17 percent.
To boost its share, Geely has spent £234 million (about $292M at current exchange rates) and is now the third-largest shareholder, behind Lawrence Stroll and Saudi Arabia's Public Investment Fund. It's ahead of Mercedes-Benz, but the three-pointed star said in October 2020 it would increase its share in Aston Martin Lagonda to as much as 20 percent by the end of 2023.
