Although there were some discussions about a potential deal, Li opted not to make a formal offer in the end. Supposedly, the reason was that the two automakers were too far apart on how to evaluate FCA future earnings following the completion of its five-year growth plan through 2018. As of this writing, no one from Geely or FCA has commented on these past talks. It’s really not too surprising Li was interested in FCA, considering Geely already owns Volvo and, more recently, Lotus. While both of those automakers, particularly Lotus, are not anywhere near the size of FCA and its many brands, it’s evidently clear Geely wants to become a global automaker. In addition, it wants to be a future leader in automotive electrification.