A new flagship crossover Volga K50 was introduced - yes, it's the Chinese Geely Monjaro (Geely has 78% share in Volvo)

In Russia, a new flagship crossover Volga K50 was introduced  yes, it's the Chinese Geely Monjaro

The car has a 238-horsepower turbo engine with an 8-speed automatic transmission, adaptive suspension, and all-wheel drive. The interior features seats with ventilation and massage, a panoramic roof, and 12 speakers

The original Monjaro in Russia costs from 4,600,000 rubles, while in China with a similar configuration it costs 160,000 (~2,000,000 rubles)

Sales will start in the summer, but prices are not yet available

Volvo Cars (Sweden): Geely is closely tied to Volvo Cars, and Volvo Cars' 2024 corporate governance report says its largest shareholder is Geely Sweden Holdings AB, with about 78.65% of the shares and votes.

Polestar (Sweden): Polestar said in 2024 that Geely Holdings became a major shareholder with roughly 24%, making it one of Polestar's key backers. Polestar also said in 2026 that Geely continued supporting its financing.


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