On May 18th, Geely Holdings Group, China’s largest private automotive enterprise, announced a new cooperation agreement with British luxury performance brand Aston Martin Lagonda Global Holdings (referred to as “Aston Martin”). As part of the collaboration, Geely Holdings has completed an increase in its stake in Aston Martin, reaching approximately 17%.
According to the announcement released by Aston Martin on the London Stock Exchange, Geely Holdings will become the third-largest shareholder of this legendary luxury performance brand.
In September 2022, Geely Hold …
