Geely: Chinese automotive manufacturing company

Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely /ˈdʒiːliː/, is a Chinese automotive company headquartered in Hangzhou, Zhejiang.

Founded in 1986, Geely ventured into the automotive industry in 1997. Geely Auto has emerged as the seventh largest automobile manufacturer in China, achieving sales of 1.328 million units within the country in 2021. On a global scale, the group achieved sales of over 2.2 million cars in 2021. Geely also specializes in plug-in electric vehicles, with sales reaching 17,926 units in January 2022. The company produces vehicles under various brands including Geely, Geometry, Jidu, LEVC, Lotus, Lynk & Co, Maple, Polestar, Proton, Radar, Volvo, Zeekr, and Zhidou.

Zhejiang Geely Holding Group Co., Ltd.
Company typePrivate
IndustryAutomotive
Founded6 November 1986; 37 years ago (1986-11-06)
in Taizhou, Zhejiang, China
FounderLi Shufu
HeadquartersBinjiang District, Hangzhou, Zhejiang, China
Area served
Worldwide
Key people
  • Li Shufu (Founder & Chairman)
  • An Cong Hui (President)
ProductsAutomobiles, Motorcycles, engines, transmissions, luxury vehicles
RevenueIncrease CN¥92.1 billion (2020)
Increase CN¥9.636 billion (2020)
Increase CN¥6.44 billion (2020)
Total assetsIncrease CN¥206.74 billion (2020)
Total equityIncrease CN¥64.21 billion (2020)
OwnerLi Shufu
Number of employees
80,000
Subsidiaries
List
    • Aerofugia
    • Benelli
    • CEVT (China Euro Vehicle Technology)
    • Emerald Automotive
    • Geely Auto
    • Zhejiang Geely Ming Industrial
    • London Electric Vehicle Company
    • Lotus Cars (51%)
    • Lynk & Co
    • Maple
    • Proton Holdings (49.9%)
    • Renault Korea (34.2%)
    • Smart (50/50 joint venture with Mercedes-Benz)
    • Qianjiang Motorcycle
    • Ouling Auto
    • Terrafugia
    • Volvo Cars (82%)
    • Yuan Cheng Auto (Farizon Auto)
    • Zeekr
Chinese name
Simplified Chinese浙江吉利控股集团有限公司
Traditional Chinese浙江吉利控股集團有限公司
Websitezgh.com
Footnotes / references
in consolidated financial statement; shareholders' equity figure excluded perpetual bond

References




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