L Catterton Asia Acquisition Corp (LCAA)

[barnyarddog]

Li Shufu, also known as Eric Li

Li Eric $19B
2023 Billionaires Net Worth as of 4/4/23
https://www.forbes.com/profile/li-eric/?sh=188c7fbe194a

Founder and chairman of Geely
Chairman of Volvo Cars

Li founded Geely in November 1986, now the second-largest private automobile manufacturer in China

Geely Automobile Holdings has a market cap or net worth of $12.28 billion as of September 9, 2023..
https://en.wikipedia.org/wiki/Li_Shufu

Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and Zeekr. Chinese automotive tycoon Eric Li is letting more people into his $30 billion-plus private garage. It is full of old brands, new tech/
https://flipboard.com/topic/volvo/-/a-UUS-Aay1QtqyJuziJ2OOng%3Aa%3A3660038-%2F0?format=amp

...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.detroitnews.com/story/business/autos/foreign/2023/02/01/geelys-lotus-going-public-via-spac-at-5-4-billion-valuation/69860675007/