About the Company
Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely ( JEE-lee; Chinese: 吉利; pinyin: Jílì; lit. 'auspicious'), is a Chinese multinational automotive company, headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese entrepreneur Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto subsidiary. As of 2023, the company ranks 225 in the 2023 Fortune Global 500 list of the world's largest companies. The company produces and sells vehicles under its own brands such as Geely Auto, Livan, Lynk & Co and Zeekr (under Geely Automobile Group), along with foreign-located subsidiaries, such as Volvo Cars, Polestar, Proton, and Lotus, as well as commercial vehicles under the London EV Company, Ouling Auto and Farizon Auto brands. It also produces motorcycles under its subsidiary Zhejiang Geely Ming Industrial (Jiming and Geely brands), Qianjiang Motorcycle (QJMotor and Keeway brands) and Benelli. The group owns a 9.7% stake in Mercedes-Benz Group. It also held a 7.6% shareholding in Aston Martin Lagonda Global Holdings plc, the owner of British car brand Aston Martin. In 2024, the group produced a total of 2.79 million vehicles globally. 980,000 units were plug-in electric vehicles.
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