China's Geely Holding (GEELY.UL), the main owner of Volvo Cars , Lotus and other auto brands, has appointed a new board chair ...

STOCKHOLM (Reuters) -China's Geely Holding, the main owner of Volvo Cars, Lotus and other auto brands, has appointed a new board chair at its key European investment company to replace founder ...

Geely Sweden Holdings AB (GSH) - a wholly owned subsidiary of Zhejiang Geely Holding and the largest shareholder of Volvo Cars - announces the appointment of Lone Fønss Schrøder as Chair of the Board.

Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company controlled by Geely Holding founder Li Shufu.

FILE PHOTO: Volvo Cars and Geely Chairman Eric Li (Li Shufu) attends the Volvo Cars Annual General Meeting in the Volvohallen in Gothenburg, Sweden April 3, 2025.

Lone Fønss Schrøder will therefore step down from the Board of Volvo Cars, where she has served as a member since 2010 and as Vice Chair since 2018. During her 15-year tenure, she has played a key ...

Published On Jun 17, 2025 at 01:35 PM IST See more on: Geely investment, volvo cars stake, equity investment, eric li, market challenges for EV, Polestar investment, Polestar equity transaction ...

The Swedish electric vehicle maker will sell more than 190 million Class A American depositary shares (ADS) to PSD Investment - which will now hold 44% of Polestar. After the transaction Li Shufu will ...

The wrongful-death lawsuit against the two men comes after the inmates were awarded a combined $367,500 from New York City as ...