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...Chinese carmaker Geely took control of British sports car brand Lotus in 2017, and plans to float shares in a new unit within the company, called Lotus Technology, which makes electric SUVs in China....
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...Qingfeng Feng, chief executive of both Lotus Group and its subsidiary, Lotus Tech, said the tie-up will “help position Lotus Tech as a leading global luxury EV company”....
...Led by mainland billionaire Eric Li, Geely is keen to park the Aston brand in a car portfolio with marques such as Volvo’s high-end electric-vehicle maker Polestar and Lotus sports cars....
...chief executive Daniel Li told the Financial Times Future of the Car Summit in London last week that the company “loves the brand” and wanted to “generate synergies” with its current business that includes Lotus...
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