Zhejiang Geely Holding Group
6 November 1986; 35 years ago
Binjiang District, Hangzhou, Zhejiang, China
Li Shufu (Chairman, Owner)
An Cong Hui (President)
Automobiles, engines, transmissions, luxury vehicles
Number of employees
Geely Auto, Emerald Automotive, Geely UK, Geely Sweden, Lotus Cars (51%), Lynk & Co, Proton Holdings (49.9%), Shanghai Maple Guorun Automobile, Terrafugia, Volvo Cars, Yuan Cheng Auto (Farizon Auto)
Zhejiang Geely Holding Group (Geely Auto Group)
Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely, is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang.
The company is privately held by Chinese billionaire business magnate, Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto brand.
Geely sells passenger vehicles under the Geely Auto, Lotus, Lynk & Co, Proton, and Volvo brands as well as commercial only vehicles under the London EV Company and Yuan Cheng Auto (Farizon Auto) brands. The group sold over 2.4 million cars in 2020.
Zhejiang Geely Holding Group’s business is divided into five subgroups :
Geely Auto Group, which includes the brands Geely Auto, Lynk & Co, Proton, and Lotus.
Volvo Car Group, which includes the brands Volvo Cars and Polestar.
Geely New Energy Commercial Vehicle Group, which include the brands London Electric Vehicle Company and Yuan Cheng (Farizon).
Geely Group (New Business), which includes the brands Caocao, Terrafugia, Qianjiang Motorcycle, Joma, and other new businesses.
Mitime Group, which includes ZGH educational institutions, motorsports business, and tourism business.
See Also : The BMW Group