After taking over Volvo, Geely is still expanding its portfolio. They recently announced they are buying majority shares in Lotus which is a British sports car manufacturer. Geely will also acquire nearly half of Malaysian automaker Proton.
At the same time, Geely is in the process of launching the new Lynk & Co brand which would be the most connected car with free Wi-Fi and integrated car sharing services.
This arrangement will put Lotus under new ownership for the 5th time in about 3 decades.
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