Zhejiang Geely, the Chinese automaker best known in the West for its ownership of Volvo and its recent acquisition of Lotus, has just purchased an 8.2-percent stake in AB Volvo for an estimated $3.3 billion U.S. dollars. Though it appears a small stake, the 8.2-percent makes Geely the largest shareholder of AB Volvo and the second largest by voting rights, just behind the investment firm Industrivarden. This puts Geely in a power position over both Volvo cars and AB Volvo’s commercial truck and bus business. A Geely spokesperson said the company has no intention of reuniting the two Volvo divisions, which had separated in 1999. Geely purchased the stage from the investment firm Cevian Capital.