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.
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
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
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
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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 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
The first Geely Auto car (Haoqing) rolls off the assembly line in Linhai, Zhejiang Province, China.
Geely Receives the License From Chinese Authorities and 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’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 is established with all of Geely’s automotive businesses placed under it.
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 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 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 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 entirely.
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 announces it had acquired a 9.69% stake in Daimler AG through open market purchases of shares.
Geely Auto Group Signed an Agreement to Become an Official Partner of the 2022 Asian Games in Hangzhou - Geely will participate in the Asian Games under the slogan of “Enjoy E-mobility @ the Asian Games with Geely.
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 - Daimler AG and Geely Holding Group announced the formation of 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of the small urban vehicles, as a leader in premium-electrified vehicles.
Mercedes-Benz and Geely Holding Formally Establish Its Global Joint Venture “smart Automobile Co., Ltd.” For the smart Brand
Geely Auto successfully surpassed 10 million units in global sales in 2020 - Geely Auto became the first Chinese auto brand which succeeded in selling more than 10 million units globally.
Geely Officially Joins Global Automotive Quality Standards Organization IATF
Geely Auto Group Unveils Intelligent Geely 2025 Strategy
Geely Auto Launches “Leishen” Global Powertrain Brand, a new leading intelligent high-efficiency powertrain solutions provider
Geely Automobile Holdings to Acquire 34.02% of the Shares of Renault Korea Motors
Geespace Successfully Launches First Nine Satellites
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 last year revenues reached US$55.86 billion.
At the heart of every car lies its architecture. Geely is shaping the future of mobility through advanced modular platforms, designed to power the next generation of innovative vehicles.
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.
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.
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