Geely owns Volvo and IIRC a significant portion of Volvos are Chinese made now.
There's a number of companies or brands that are now Chinese owned. China knows that home grown brands (like Geely) don't work on an international stage, so they buy well known brands like Volvo.
It's a bit of a silent behind the scenes takeover but I'd say that China is now seriously making competitive cars. If you can follow the brands and notice.
Lol, the fully homegrown BYD is destroying Tesla everywhere outside the US where it’s basically banned and you’re taking about Geely and Volvo and behind the scenes. It’s all out there on the stage.
I'm honestly not sure what you're referring to.
Geely owns Volvo and IIRC a significant portion of Volvos are Chinese made now.
There's a number of companies or brands that are now Chinese owned. China knows that home grown brands (like Geely) don't work on an international stage, so they buy well known brands like Volvo.
It's a bit of a silent behind the scenes takeover but I'd say that China is now seriously making competitive cars. If you can follow the brands and notice.
Lol, the fully homegrown BYD is destroying Tesla everywhere outside the US where it’s basically banned and you’re taking about Geely and Volvo and behind the scenes. It’s all out there on the stage.
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