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 "Future Geely": Uncommon ripple intake grille, sportive and retro. Peter thinks that a car should look active, since it's not something like a furniture. The interior is mostly chrome plated. Orange decorating LED light strip and ACC (Autonomous cruise control system) were available. It is equipped with double wishbone suspension tuned by automotive technology company Prodrive. The Borui engine options include a 1.8T GDI engine and 3.5L V6 aluminum engine, as well as a six-speed direct shift gearbox provided by Australian transmission producer DSI, which was acquired by Geely in 2009. 2015: 1.8T 163hp L4 petrol 2.4L 162hp L4 petrol