Geely an important step for the Chinese carmaker in their quest to make inroads into the lucrative ASEAN region. In July 2017 the company purchased Terrafugia, an American maker of flying cars. In November 2017, Geely announced completion of the Terrafugia acquisition, including approval from all relevant regulators. In December 2017, Geely invested € 3.25 billion into Swedish truck and construction company Volvo Group, a former parent company of Volvo Cars. The deal has made the company the biggest shareholder with 8.2 % of stake and 15.6 % of voting rights. Furthering its expansion and reach, Geely purchased a 9.7% stake
Geely Borui GE it was the first shown of Geely Borui GE. In 2018 Beijing Auto Show, which was a month and a half after the event in Suzhou, the Borui GE was taking an important place in the booths. The Geely Borui GE multimedia system provides touchable screen and is able to activate and control all systems in the car. The main screen takes some ideas from cell phone. In plug in models, there's also a key which infers users the electric vehicle settings. Borui GE carries a full LED light system, which can be inferred from the word "GEELY FULL-LED TECHNOLOGY"