Geely Already Has The U.S. Foothold Other Chinese Automakers Want

Geely Already Has One Big Advantage in the U.S.While U.S. politicians continue to push back against Chinese automakers entering the U.S. market, a new CNBC report says Geely Holding may already be the best-positioned Chinese carmaker to break into the U.S. market. Unlike rivals still trying to establish a foothold, Geely already has strong operational ties in the United States through familiar brands such as Volvo, Polestar, and Lotus.Industry analysts interviewed by CNBC pointed out that Geely effectively “already sells cars in America” through its ownership stakes and partnerships. Geely Holding owns nearly 79% of Volvo Cars, controls 51% of Lotus, and maintains major influence over Polestar. Those relationships give the Chinese automaker something competitors like BYD or …