Geely, which owns Volvo Cars and a plethora of shareholdings in major automotive companies including Daimler AG, also took control of British automotive marque Lotus in 2017. Earlier this year, Lotus unveiled Eletre electric SUV that will be built in China and spearhead a broader model lineup with a plan to boost production to 150,000 cars, up from fewer than 2,000.
Source: Auto News
A 3d animation professional with over 20 years of industry experience having served in leading organizations & production facilities of Pakistan, an avid car enthusiast and petrolhead with an affection to deliver writings to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com