He also plans for half of Geely's sales to be exports from China.

FORBES

By country, Chinese local brands now account for 32 percent of the total, their highest ever, with Geely, BYD, Great Wall and Chery all finishing on the top 10 assembler list for the month.

FORBES: China Passenger Car Sales Surge In January

Finally, Geely may set an important example for other Chinese companies.

FORBES: China's Coming M&A Boom

Manganese and Geely signed a joint venture agreement in 2006 and own a factory in Shanghai that produces taxis for the international market.

BBC: Manganese Bronze to call in administrators

Peter Johansen, vice president of Geely UK's black cab operation, said that the Coventry factory would be supplying vehicles for the UK while others will be made in the sister factory in Shanghai for the left-hand drive market.

BBC: England

Geely broke the equivalent of the sound barrier in China autos when it emerged as the winning bidder for Volvo, the first Chinese car company to make an overseas acquisition of a premium brand.

FORBES: BYD and Geely Hit Potholes

For example, Jaguar Land Rover was acquired by Tata motor (India) in 2008 and Volvo was sold to Geely Automobile in China in 2010.

FORBES: Auto's P&L problem