Geely Geely Geely (officially Zhejiang Geely Holding Group Co., Ltd) is a Chinese multinational automotive manufacturing company headquartered in Hangzhou, Zhejiang. It sells passenger vehicles under the Geely Auto, Lotus, Lynk & Co, PROTON, and Volvo brands and commercial vehicles under the London EV Company and Yuan Cheng Auto brands. Geely has owned the Swedish passenger car maker Volvo Cars since 2010, when it acquired the company from Ford. It completed the acquisition of British taxi maker The London Electric Vehicle Company in 2013, and acquired a majority stake in British sports carmaker Lotus Cars in 2017. Geely Automobile Holdings Ltd
PROTON Holdings the new Ertiga on 24 November. The launch of four new Proton models within the span of six months was unprecedented in the company's history. Masazumi Ogawa was recruited as the director of quality control in Proton. On 24 May 2017, parent company DRB-HICOM announced plans to sell a 49.9% stake in Proton to Zhejiang Geely Automobile Holdings. Eventually, DRB-HICOM also sold 51% controlling-stake in Lotus to Geely, and the remaining 49% stake to Etika Automotive. The definitive agreement was in July 2017. Proton had owned Lotus since 1996, and largely struggled to turn the fortunes of the sports car