Geely, the owner of Volvo and Lotus, has purchased a stake in Aston Martin.

share in Aston Martin has been acquired by the Chinese MegaCorp, which also holds ownership in Volvo, Lotus, Polestar, and Lynk & Co.

Geely announced today that it had purchased 7.6 percent of the “ultra-luxury British performance brand.” Geely has been interested in Aston Martin for quite some time, and its most recent acquisition brings to a close a few years of trying to purchase a stake in one of the most-renowned automobile-manufacturers in the world.

“We are delighted to announce our-investment in Aston-Martin and believe that with our well-established track record and technology-offerings, Geely-Holding can contribute to Aston Martin’s future success,” Zheijang Geely-Holding-Group boss Daniel Donghui Li said.

“We look forward to exploring potential-opportunities to engage and collaborate with Aston-Martin as it continues to execute its strategy to achieve long-term, sustainable growth, and increased profitability.”

A share in Aston Martin has been acquired by the Chinese MegaCorp, which also holds ownership in Volvo, Lotus, Polestar, and Lynk & Co.

Geely announced today that it had purchased 7.6 percent of the “ultra-luxury British performance brand.” Geely has been interested in Aston Martin for quite some time, and its most recent acquisition brings to a close a few years of trying to purchase a stake in one of the most renowned automobile-manufacturers in the world.