Geely
Zhejiang Geely Holding Group Co., Ltd., commonly known as Geely (/ˈdʒiːli/ 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. Geely Auto is the seventh-largest automobile manufacturer in China, with 1.328 million sales in China in 2021. Globally, the group sold over 2.2 million cars in 2021, and over 17,926 plug-in electric vehicles in January 2022.
Company type | Private | ||||||
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Industry | Automotive | ||||||
Founded | 6 November 1986 in Taizhou, Zhejiang, China | ||||||
Founder | Li Shufu | ||||||
Headquarters | Binjiang District, Hangzhou, Zhejiang, China | ||||||
Area served | Worldwide | ||||||
Key people |
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Products | Automobiles, Motorcycles, engines, transmissions, luxury vehicles | ||||||
Revenue | CN¥92.1 billion (2020) | ||||||
CN¥9.636 billion (2020) | |||||||
CN¥6.44 billion (2020) | |||||||
Total assets | CN¥206.74 billion (2020) | ||||||
Total equity | CN¥64.21 billion (2020) | ||||||
Owner | Li Shufu | ||||||
Number of employees | 80,000 | ||||||
Subsidiaries | List
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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 | ||||||
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Website | zgh | ||||||
Footnotes / references in consolidated financial statement; shareholders' equity figure excluded perpetual bond |
The company produces and sells vehicles under its own brands such as Geely Auto, Geometry, Livan, and Zeekr, and under foreign-located subsidiaries, such as Volvo Cars, Polestar, Lynk & Co, Proton, and Lotus, as well as commercial-only vehicles under the London EV Company, Ouling Auto and Farizon Auto brands. It also produces electric vehicles under some of the previously listed brandings, and motorcycles under its subsidiary Zhejiang Geely Ming Industrial (Jiming and Geely brands), Qianjiang Motorcycle (QJMotor and Keeway brands) and Benelli. In September 2022, the group acquired a 7.6% shareholding in Aston Martin Lagonda Global Holdings plc, the ultra-luxury British performance brand Aston Martin.