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GEELY AT A GLANCE

Since its founding in 1986, Geely has been redefining the automotive landscape. Today, Geely Holding oversees a diverse portfolio of iconic brands, including Geely Auto, Volvo Cars, Polestar, Lotus, Zeekr, Lynk & Co, the London Electric Vehicle Company, Farizon, and more.

Fortune Global 500 Leader

A FORTUNE GLOBAL 500 LEADER

In 2024, Geely Holding Group secured the 185th position on the Fortune Global 500 list, marking our 13th consecutive year among the world’s most influential companies.

One of the World's Top 10 Auto Brands

ONE OF THE WORLD’S TOP 10 AUTO BRANDS

In 2022, Geely Holding Group ranked 8th in Brand Finance’s list of the Top 10 Most Valuable Auto Portfolio Brands.

Global Sales Surpassing 17 Million

GLOBAL SALES SURPASSING 17 MILLION

By the end of October 2020, Geely Auto became the first Chinese auto brand to achieve over 10 million global sales. By 2024, that number had exceeded 17 million, securing Geely Auto the title of China’s top-selling auto brand for five consecutive years.

Brand History

  • 1986
  • 1997
  • 1998
  • 2001
  • 2002
  • 2003
  • 2005
  • 2010
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Geely Is Founded

Geely is founded by Eric Li (Li Shufu) in Taizhou City, Zhejiang Province, China as a refrigerator parts manufacturer.

Geely Enters the Automotive Industry

Geely Enters the Automotive Industry

Geely Auto enters the automobile industry with the vision of producing cars that ordinary people can afford, becoming China's first privately-owned auto manufacturer.

First Geely Auto Vehicle Comes Offline

First Geely Auto Vehicle Comes Offline

The first Geely Auto car (Haoqing) rolls off the assembly line in Linhai, Zhejiang Province, China.

Geely Becomes the First Private Car Maker in China

Geely Becomes the First Private Car Maker in China

Geely Auto becomes the first privately-owned auto manufacturer officially listed on China's automobile manufacturer index.

Geely Auto Joins the Ranks of China's Top Ten Automakers

Geely Auto Joins the Ranks of China's Top Ten Automakers

Geely Auto's increasing popularity and sales allows it to join the ranks of China's top ten automakers.

Zhejiang Geely Holding Group Established

Zhejiang Geely Holding Group Established

Zhejiang Geely Holding Group is established with all of Geely's automotive businesses placed under it.

Geely Auto Listed on the Hong Kong Stock Exchange

Geely Auto Listed on the Hong Kong Stock Exchange

Geely Auto becomes the first Chinese automaker to be listed on the Hong Kong Stock Exchange (HK: 0175).

Geely Holding Acquires Volvo Car Corporation

Geely Holding Acquires Volvo Car Corporation

Geely Holding Group acquires 100% of the shares of Volvo Car Corporation from the Ford Motor Company. The agreement is signed on 28 March 2010 and the transaction is completed on 2 August 2010.

Geely Forms Strategic Partnership with Proton and Acquires Lotus

Geely Forms Strategic Partnership with Proton and Acquires Lotus

Geely signs an agreement to acquire a 49.9% stake in Malaysian automaker PROTON and acquires a 51% controlling stake in luxury sports car brand Lotus from DRB-HICOM Berhad of Malaysia.

Geely Acquires American Flying Car Company Terrafugia

Geely Acquires American Flying Car Company Terrafugia

Geely enters into an agreement with Terrafugia Inc, a US-based company focused on the innovation, engineering and production of flying cars and technologies, to acquire its operations and assets in their entirety.

Geely Acquires Strategic Stakes in AB Volvo

Geely Acquires Strategic Stakes in AB Volvo

Geely announces they would become largest holder of share capital in Sweden's leading commercial vehicles and industrial engineering group, Volvo AB, after acquiring Cevian Capital's entire 8.2% share capital holding and 15.6% voting rights in the company.

Geely Holding Group Purchases Stake in Daimler AG

Geely Holding Group Purchases Stake in Daimler AG

Geely Holding announces it had acquired a 9.69% stake in Daimler AG through open market purchases of shares.

Geely Becomes Official Partner of the 2022 Asian Games

Geely Becomes Official Partner of the 2022 Asian Games

Geely Auto Group signed an agreement to become an Official Partner of the 2022 Asian Games in Hangzhou, participating under the slogan "Enjoy E-mobility @ the Asian Games with Geely."

Geely Launches CMA Platform

Geely Launches CMA Platform

Geely launches Compact Modular Architecture (CMA), marking the brand's entry into its 4.0 "Advanced Geely" products era.

Geely and Daimler Form Global Joint Venture to Develop smart

Geely and Daimler Form Global Joint Venture to Develop smart

Daimler AG and Geely Holding Group announced the formation of a 50-50 globally focused joint venture to own, operate and further develop smart as a leader in premium-electrified vehicles.

Mercedes-Benz and Geely Establish smart Automobile Co., Ltd.

Mercedes-Benz and Geely Establish smart Automobile Co., Ltd.

Mercedes-Benz and Geely Holding formally establish their global joint venture "smart Automobile Co., Ltd." for the smart brand.

Geely Holding Launches SEA Architecture

Geely Holding Launches SEA Architecture

Geely Holding launches its open-source electric vehicle architecture, SEA (Sustainable Experience Architecture), powering the next generation of connected EVs.

Geely Auto Surpasses 10 Million Global Sales

Geely Auto Surpasses 10 Million Global Sales

Geely Auto became the first Chinese auto brand to successfully surpass 10 million units in global sales.

Geely Officially Joins IATF

Geely Officially Joins IATF

Geely Officially Joins Global Automotive Quality Standards Organization IATF, reinforcing its commitment to world-class manufacturing standards.

Geely Auto Group Unveils Intelligent Geely 2025 Strategy

Geely Auto Group Unveils Intelligent Geely 2025 Strategy

Geely Auto Group unveils its ambitious Intelligent Geely 2025 Strategy, charting a bold course toward smart, connected, and electrified mobility.

Geely Launches "Leishen" Global Powertrain Brand

Geely Launches "Leishen" Global Powertrain Brand

Geely Auto launches "Leishen", a new leading intelligent high-efficiency powertrain solutions provider, setting new benchmarks in fuel and hybrid efficiency.

Geely to Acquire 34.02% of Renault Korea Motors

Geely to Acquire 34.02% of Renault Korea Motors

Geely Automobile Holdings announces its agreement to acquire 34.02% of the shares of Renault Korea Motors, further expanding its global footprint.

Geespace Successfully Launches First Nine Satellites

Geespace Successfully Launches First Nine Satellites

Geespace successfully launches its first nine low-earth orbit satellites, advancing Geely's vision for global vehicle connectivity and autonomous driving.

Geely Holding 11th Year on Fortune Global 500

Geely Holding 11th Year on Fortune Global 500

Zhejiang Geely Holding Group was listed in the 2022 Fortune Global 500 for the 11th consecutive year with a ranking of 229th, after its revenues reached US$55.86 billion.

Geely Opens Innovation Center in Italy

Geely Opens Innovation Center in Italy

Geely opens a new Innovation Center in Italy, deepening its European design and engineering capabilities while strengthening ties with the global automotive community.

Geely Holding Increases Shares in Aston Martin

Geely Holding Increases Shares in Aston Martin

Geely Holding increases its shareholding in iconic British luxury brand Aston Martin, reinforcing its position as a global automotive powerhouse.

Geely Future Mobility Constellation Launches 10 Satellites

Geely Future Mobility Constellation Launches 10 Satellites

Geely's Future Mobility Constellation launches 10 satellites, accelerating its mission to deliver next-generation connected and autonomous driving experiences worldwide.

BEYOND ROADS: PIONEERING
THE FUTURE OF MOBILITY

Geely’s vision reaches far beyond the traditional automobile.

GeeSpace

GeeSpace is building a global constellation of low-earth orbit satellites to power next-level vehicle connectivity, autonomous driving, and smart mobility services worldwide.

Aerofugia

Aerofugia is taking innovation to the skies with urban air mobility solutions, developing flying vehicles seamlessly integrated with ground transport.

ECARX

ECARX is transforming how people and vehicles interact through advanced infotainment systems, AI-driven interfaces, and full-stack smart mobility platforms.

DreamSmart

DreamSmart bridges the gap between consumer electronics and automotive technology, developing everything from EV innovations and smartphones to in-house operating systems and smart wearables.