Chinese automaker Geely leverages U.S. stakes in Volvo, Polestar, and Lotus to expand in America despite trade tensions.

Chinese company Zhejiang Geely Holding Group, known as Geely, holds significant stakes in U.S.-active automakers Volvo, Polestar, and Lotus, giving it access to dealer networks and factory capacity in the U.S. Despite bipartisan opposition and high tariffs on Chinese electric vehicles, Geely benefits from its investments, including a Volvo factory in South Carolina with room to increase production. Geely's Chinese brand Zeekr is also poised for U.S. market entry, supported by partnerships like Waymo's use of Zeekr vehicles for autonomous driving tests. This strategic positioning could allow Geely to grow its U.S. presence amid political challenges and evolving market demand.