Geely Automobile Holdings

This year Geely became the third-ranked carmaker in China, outsold only by Volks­wagen and General Motors. Sales at the Chinese automaker, which also owns the Volvo brand, soared 30% in the first half of the year. The company is well positioned to take advantage of the sector’s shift to low-emission “new energy” vehicles, notably through its car-sharing brand, Lynk & Co, which will launch in Europe next year, and its ownership of the London EV Company. Geely is also reportedly in talks with Toyota to license that company’s hybrid engine technology.