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Thursday, 08/24/2023 3:29:05 PM

Thursday, August 24, 2023 3:29:05 PM

Post# of 77
Geely and other owners are expected to retain an 89.7% shareholding in Lotus Tech after the SPAC merger. Geely’s billionaire owner Li Shufu also controls Swedish carmaker Volvo Car AB and owns stakes in Germany’s Mercedes-Benz Group AG and the UK’s Aston Martin Lagonda Global Holdings Plc

https://www.theguardian.com/business/2023/aug/10/lotus-produce-record-2200-sports-cars-first-half-2023-eletre-electric-suv