Aston Martin has appointed Geely CEO Daniel Li to its board. The Chinese language automaker is its 3rd greatest shareholder. Geely in Might made a 234-million-pound ($299.4 million) funding within the British automaker, giving it the appropriate to at least one board seat. As a part of the transaction, Geely bought a 17 p.c stake in Aston Martin, buying 42 million stocks from Chairman Lawrence Walk's Yew Tree consortium along side 28 million brandnew stocks, Aston Martin stated on the pace in a keep change submitting. Geely in the past bought a 7.6 p.c stake in Aston Martin in September closing age. Aston Martin has struggled with money and purchased Saudi Arabia's Community Funding Treasure as a shareholder closing age as Walk appears to show across the automaker and pivot to battery-powered sports activities automobiles.