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    Geely
    Automotive manufacturing

    Geely

    Taiwan flagTaiwan

    "Smart mobility for everyone"

    Founded November 6, 1986 Hangzhou, China CEO: Li Shufu
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    About

    Zhejiang Geely Holding Group began in 1986 as a manufacturer of refrigerator parts before Li Shufu steered the company toward motorcycles in 1994 and automobiles in 1997. The organization restructured into a holding company in 2003 to manage its rapid growth and aggressive global expansion strategy. By 2025, the conglomerate had reached a production milestone of 4.1 million vehicles, with electric models making up more than half of that output.

    The group manages a vast portfolio that spans mass-market segments to high-performance luxury. Its lineup includes the core Geely brand alongside subsidiaries like Lynk & Co, Zeekr, Volvo Cars, Polestar, Lotus, and Smart. Through strategic investments and acquisitions, the company also holds stakes in Aston Martin and operates motorcycle divisions such as Benelli and QJMotor.

    Recent initiatives focus heavily on electrification and smart technology integration. Geely unveiled plans in late 2024 to introduce 14 new car models by 2027, targeting dominance in the electric vehicle market. These efforts include launching high-performance sedans capable of rapid charging and utilizing shared platforms across different brands to enhance safety and efficiency.

    Products & Sub-brands

    Geely AutoVolvo CarsPolestarLynk & CoZeekrLotusSmartBenelliQJMotor

    Frequently Asked Questions

    Who owns Geely?
    Geely is owned by Zhejiang Geely Holding Group, a private conglomerate founded and chaired by Li Shufu, which also holds controlling stakes in Volvo Cars, Polestar, and Lotus.
    Is Geely still in business?
    Yes, Geely is actively expanding; it produced 4.1 million vehicles in 2025 and is currently launching 14 new models by 2027 to strengthen its global EV presence.
    What is the difference between Geely and Volvo?
    While Geely is the parent company that acquired Volvo in 2010, they operate as separate brands with distinct design philosophies, though they share underlying platforms and safety technologies.
    Does Geely make electric cars?
    Yes, over half of Geely's 2025 production volume consists of electric vehicles, including dedicated EV brands like Zeekr and Polestar, with a strong focus on fast-charging capabilities.
    Where is Geely based?
    Geely's global headquarters is located in Hangzhou, China, but it maintains significant operational hubs and manufacturing plants across Europe, Asia, and the Americas.

    Keywords

    automotiveelectric vehiclesmultinationalacquisitionssafetyluxury carsChinese manufacturers

    Sources

    Company Info

    Founded
    November 6, 1986
    Founder
    Li Shufu
    CEO
    Li Shufu
    Headquarters
    Hangzhou, China
    Industry
    Automotive manufacturing
    Parent Company
    Zhejiang Geely Holding Group
    Key Acquisition
    Volvo Cars (2010)
    Acquisition Cost
    $1.8 billion
    2025 Production
    4.1 million vehicles
    EV Share
    Over 50%

    Official Website

    global.geely.com/

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