ten years ago, nobody knew in Europe that Geely was and who Li Shifu was.
Now, the chinese entrepreneur, through his holding company, not only made a name for himself – he has real influence within the european automotive sector.
Zhejiang Geely Holdings Co. is the sole owner of Volvo Cars and surprised many when, in a short time became a major shareholder in Volvo AB and Daimler.
In October 2018 announced Daimler and Geely to jointly launched a mobilitetsföretag in China.
This took many analysts (and managers within the Daimler) on the bed, but was a requirement after the chinese company bought almost ten per cent of Daimler.
But it seems not to stop there.