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Wikipedia

Geely

January 01, 1970

For the subsidiary company, see Geely Auto.

Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding or simply 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 owned by Chinese entrepreneur Li Shufu. It was founded in 1986 and entered the automotive industry in 1997 with its subsidiary Geely Auto.[19] As of 2023, the company ranks 225 in the 2023 Fortune Global 500 list of the world's largest companies.[3]

Zhejiang Geely Holding Group Co., Ltd.
Headquarters in Hangzhou, Zhejiang
Company typePrivate
IndustryAutomotive
Founded6 November 1986; 37 years ago (1986-11-06)[1]
in Taizhou, Zhejiang, China
FounderLi Shufu
HeadquartersBinjiang District, Hangzhou, Zhejiang, China
Area served
Worldwide
Key people
  • Li Shufu (chairman)
  • An Conghui (president)
ProductsAutomobiles, motorcycles, engines, transmissions, luxury vehicles
Production output
 2.79 million vehicles (2023)[2]
Revenue US$60.40 billion (2022)[3]
US$945 million (2022)[3]
Total assets US$81.29 billion (2022)[3]
Total equity US$13.01 billion (2022)[3]
OwnerLi Shufu
Number of employees
131,517 (2022)[3]
Subsidiaries
List
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
Transcriptions
Standard Mandarin
Hanyu PinyinZhèjiāng Jílì Kònggǔ Jítuán Yǒuxiàn Gōngsī
Websitezgh.com
Footnotes / references
in consolidated financial statement; shareholders' equity figure excluded perpetual bond[18]

The company manufactures and sells vehicles under the names of Geely, Lynk & Co and Zeekr, which are part of the Geely Automobile Group, along with its subsidiaries and joint ventures, such as Volvo Cars, Polestar, Proton, Smart and Lotus, as well as commercial vehicles under the London EV Company, Radar Auto and Farizon brands. It also produces motorcycles under its subsidiaries Zhejiang Geely Ming Industrial (Jiming and Geely), Qianjiang Motorcycle (QJMotor and Keeway), and Benelli. It also holds a 9.7% stake in the Mercedes-Benz Group and a 17% stake in Aston Martin.[20][21]

In 2024, the group produced a total of 2.79 million vehicles globally. 980,000 units were plug-in electric vehicles.[2]

Overview edit

Geely is a phonetic transliteration of the company's native name 吉利 (pinyin: Jílì), which means "auspicious" or "propitious" in Chinese.[22]

Zhejiang Geely Holding Group was already manufacturing its own cars before it acquired the Swedish passenger car maker Volvo Cars from Ford Motor Company in 2010.[23] It completed the acquisition of British taxi maker London Electric Vehicle Company in 2013,[24] and acquired a majority stake in British sports carmaker Lotus Cars in 2017.[25]

The company's business is divided into five sub-groups: Geely Auto Group which includes the brands Geely Auto, Lynk & Co, Proton Holdings; Volvo Car Group which includes the brands Volvo Cars and Polestar; Geely New Energy Commercial Vehicle Group which include the brands London Electric Vehicle Company and Yuan Cheng (Farizon); Geely Group (New Business) which includes the brands Caocao, Terrafugia, Qianjiang Motorcycle, Joma, and other new businesses; and Mitime Group (铭泰集团) which includes ZGH educational institutions, motorsports business, and tourism business; Its global operations span the automotive value chain, from research, development and design to production, sales and service.[26]

Geely Automobile Holdings Ltd (吉利汽车; Jílì Qìchē) (SEHK: 175), a subsidiary of Zhejiang Geely Holding Group, is listed on the Hong Kong Stock Exchange.[27] On 13 February 2017, it became a constituent of the Hang Seng Index.[28]

History edit

Li Shufu, the founder of Geely Group, has described the company's development as encompassing three eras: the "1.0 era" of machinery, the "2.0 era" of electronics, and the "3.0 era" of intelligence.[29][30]

1997–2007, "1.0 era" edit

Shufu founded Geely in 1986 as a refrigerator maker, borrowing funds from family.[22][31]

After the purchase of a state-run firm,[32] Geely manufactured motorcycles in the mid-1990s.[33] Small van production began in 1998,[34] and a year later, it received state approval to manufacture automobiles.[34] Car production began in 2002.[31] A subsidiary of the group, Geely Auto, had its initial public offering on the Stock Exchange of Hong Kong in 2004.[27]

The company had a booth at the 2005 Frankfurt Motor Show,[35] and a 2006 showing at the North American International Auto Show.[22]

2007–2014, "2.0 era" edit

Geely approached Ford Motor Company in mid-2008 about a possible takeover of Volvo Cars. On 28 October 2009, it was named as the preferred buyer of Volvo by the American automaker.[36] A deal was reached in late March and completed in early August 2010.[37]

In 2010, total sales of over 415,000 units gave the company a near two percent market share.[38][39] Sales were lower than a reported 680,000 units per year production capacity.[40]

In December 2011, it was announced that Geely would begin selling Chinese designed and manufactured cars in the United Kingdom at the end of 2012, with the first model to go on sale being the Emgrand EC7.[41][42] At that time, the company also stated its intention to begin sales in Italy.[43]

2014–present, "3.0 era" edit

In May 2017, Geely confirmed plans to purchase a 51% controlling-stake in Lotus Cars[44] from its owner, DRB-HICOM (Proton).[8] Additionally, Geely was said to have plans to purchase a 49.9% stake in Proton Holdings, to facilitate future export growth in right-hand drive markets.[10][45] The deals were part of the company's financial strategy of making inroads into the lucrative ASEAN region.[25]

In July 2017, the company purchased Terrafugia, an American maker of flying cars.[46] In November 2017, Geely announced completion of the Terrafugia acquisition, including approval from all relevant regulators.[47]

In December 2017, Geely invested €3.25 billion into Swedish truck and construction company Volvo Group, a former parent company of Volvo Cars.[48] The deal made Geely the biggest shareholder by number of shares with an 8.2% stake, and second by voting rights, with 15.6%.[48]

In 2018, Geely purchased a 9.7% stake in Daimler AG, owner of the Mercedes-Benz and Smart brands.[49]

In September 2019, Geely led a round of private funding for Volocopter that raised $55 million for the company. Volocopter's other private investors also include Daimler AG which owns a stake in the company.[50]

In late July 2020, it was announced that the Xingma Group had agreed to transfer a 15.2% stake of its shares in the Ma'anshan-based heavy truck manufacturer Hualing Xingma to Geely New Energy Commercial Vehicle Group, a wholly owned subsidiary of Geely Holdings. After the transaction, Geely New Energy Commercial Vehicle Group would become the de facto controlling shareholder of Hualing Xingma.[51]

In September 2020, Geely started talks with rival car manufacturers, including Daimler AG, to license a new architecture it developed for building electric cars. The new technology is purported to offer increased driving ranges of up to 700 km (430 mi) and lighter cars.[52]

Geely is set[when?] to create an electric vehicle joint venture together with Baidu, a Chinese multinational technology company specializing in Internet-related services, products, and artificial intelligence. Baidu would develop the electric car's software while Geely would manufacture the car itself.[53][54]

On 23 March 2021, Geely announced the launch of its Zeekr brand of electric vehicles. The first 001 Zeeker was launched in April 2021, and deliveries began in October 2021.[55]

In August 2021, Geely formed a strategic partnership with Renault, with a car production joint venture for China.[56] In January 2022, the two companies signed an agreement by which Renault's South Korean subsidiary, Renault Korea Motors, would produce vehicles based on Geely Compact Modular Architecture platform,[57][58] initially intended for the domestic market. As of January 2022, production was slated to start by 2024.[59] In May 2022, Renault said a Geely subsidiary was set to acquire a 34% of Renault Korea Motors through capital increase as part of their partnership, although the company would continue to be majority owned by Renault and a consolidated subsidiary of it.[60][61] In November 2022, Renault said it plans to combine its powertrain production and development operations (including internal combustion engines and hybrid systems) with Geely's into a joint venture holding company with both as co-owners.[62][63] In March 2023, Aramco signed a letter of intent to join the powertrain joint venture.[64]

In February 2023, Geely announced it would launch a new range of electric vehicles[65] and several new models of Geely Galaxy[66] within the next two years.[67]

In February 2024, Volvo Cars transferred a large part of its share in Polestar to Geely Holding, reducing its ownership from 48% to 18%.[68]

Automotive divisions and products edit

Based in China, Zhejiang Geely Holding Group operates in several global locations, via subsidiary brands. The Group's core business activities are within the automotive industry where it controls the following automotive groups and vehicle brands:

Geely Holding Group automotive divisions[69]
Division Subsidiaries/brands
Geely Automobile Holding
  • Geely Auto
  • Lynk & Co
  • Polestar[70][71]
  • Proton Cars(JV)
Volvo Car Group Volvo Cars
Zeekr Intelligent Technology Zeekr
Lotus Group
  • Lotus Cars(JV)
  • Lotus Technology(JV)
Qizheng New Energy Vehicle Livan[72]
Smart Automobile Smart(JV)
LEVC London Electric Vehicle Company
Radar New Energy Automobile Radar Auto
Geely New Energy Commercial Vehicle Group
  • Farizon Auto
  • Hanma Technology(JV)
  • Ou Ling Auto
  • Green Intelligent Link
  • Oneworld Technology
(JV) = joint venture

Vehicle platforms edit

Many of Geely's subsidiaries produce vehicles using shared architectures. Some examples include:

Brands edit

Geely edit

Main article: Geely Auto

Geely Auto is Geely Group's original and mainstream brand, primarily sold in China and select overseas markets. It has two electric vehicle product line, the Geely Geometry for entry-level EV and Geely Galaxy for premium EV/PHEV.

Lynk & Co edit
Main article: Lynk & Co

Owned 50% by Geely Auto, 30% by Volvo Cars, and 20% by Zhejiang Geely Holding Group, Lynk & Co was formed in 2017.[73] It is a Chinese–Swedish car brand based on technology developed jointly by Volvo Cars and Geely Auto.

Polestar edit

Main article: Polestar

Polestar, an all-electric premium car brand established in Sweden, was previously part of Volvo Cars before being spun out into an independent entity. Polestar was initially 50.5% owned by Geely Holding and 49.5% by Volvo Cars.[74]

In February 2024, Volvo Cars transferred 62.7% of its stake of Polestar and it is currently 72% owned by Geely Holding and 18% by Volvo Cars.[75][76]

Zeekr edit

Main article: Zeekr

Zeekr is a brand founded by Geely in 2021 which specializes in luxury EVs.

Livan/Maple edit

Main articles: Livan Automotive and Shanghai Maple

The Maple brand name originated with Shanghai Maple Automobile, a Geely subsidiary established in 1999 and phased out in 2010.[77] The brand was temporarily revived in 2020 by launching its first EV, the Maple 30X.

In 2022, Geely launched the joint venture between Lifan and Maple called Livan (Ruilan, 睿蓝), and the previous Maple products were reconsolidated into Livan brand.

Lotus edit

Main article: Lotus Cars

Owned 51% by Zhejiang Geely Holding Group and 49% by Etika Automotive, Lotus Cars is a British producer of sports and racing cars. The first Lotus car was built in 1948 and in June 2017, Lotus Cars became majority owned by Zhejiang Geely Holding Group.[78]

Volvo Cars edit

Main article: Volvo Cars

Volvo Cars is owned 78.7% by Zhejiang Geely Holding Group (post Volvo Cars IPO).[15] Zhejiang Geely Holding Group acquired Volvo Cars from Ford Motor Company in 2010.[23]

Farizon edit

Yuan Cheng Auto (远程汽车) or Farizon Auto was formed in 2016 to focus on the development of commercial vehicles in China and has launched several long-range capable truck and bus solutions. The company raised over $300 million in a Pre-A Round in October 2022 led by GLP's investment arm Hidden Hill Capital,[79] and $600 million in a Series-A funding round in July 2023, led by Boyu Capital and Yuexiu Industrial Fund.[80] The factory was later acquired by the Chinese electric commercial vehicles company Yuan Cheng Auto, which in conjunction with Myoung Shin. The company plans to manufacture CKD-made electric trucks for the China market.[81]

Products include:

  • Farizon C8E/ C10E/ C12E – city buses
  • Farizon U11E/ U11F – tour buses
  • Farizon Xinghan G – electric and hydrogen heavy duty trucks
  • Farizon Xingzhi H8E – light duty truck
  • Farizon Xingzhi H8M – light duty truck
  • Farizon Supervan – van
  •  
    Farizon E200
  •  
    Farizon E200S
  •  
    Farizon Xingzhi H8E
  •  
    Farizon E5L
  •  
    Farizon E6
  •  
    Farizon Xingxiang
  •  
    A Farizon bus

Farizon also has a sub-brand called Ouling (欧铃) selling gasoline-powered lower end micro trucks.

  •  
    Ouling Fengrui F3

Radar edit

Main article: Radar Auto

Radar is Geely's upscale pick-up truck brand, with its name standing for Rational, Alone, Discovery, Accompany, and Romantic.

The brand's first vehicle, the Radar RD6, was unveiled in 2022.[85]

  •  
    Radar RD6

LEVC edit

Main article: London Electric Vehicle Company

The London Taxi Company, which was acquired by Zhejiang Geely Holding Group in 2013, changed its name to London Electric Vehicle Company (LEVC) in 2017 to reflect its new mission of developing and producing electric commercial vehicles. With a new factory in Ansty Park, near Coventry, it has begun production of a new generation of zero-emission-capable new taxi vehicle in late 2017.[86]

  •  
    LEVC TX
  •  
    LEVC VN5

Ji Yue / Jidu Auto edit

Main article: Jidu Auto

Jidu Auto (集度), a joint venture between Geely and Baidu, intends to release a full portfolio of electric vehicles in different segments starting in 2022.[87] Jidu Auto is owned 55% by Baidu and 45% by Geely.

Ji Yue (极越) brand was established in August 2023, a second company between Geely and Baidu to reconstruct the partnership between the two companies.[88] The Ji Yue brand is 65% owned by Geely and 35% by Baidu which makes Ji Yue brand a subsidiary under Geely Group rather than a joint venture company like Jidu.[89] Due to the Chinese government's policies, Baidu as the controlling company of Jidu, cannot obtain the qualification to manufacture cars. The purpose of establishment of Ji Yue was to make Geely as the controlling company to solve the restriction of car manufacture qualification.[90] The Jidu Auto became a technology solution company to develop AI driving technology and will not be an independent car marque.[91]

With the new Ji Yue brand, the previous Jidu ROBO-01 was renamed as Ji Yue 01. The Ji Yue brand inherited the brand logo created by Jidu Auto.[92]

Proton edit

Main article: Proton Holdings

Owned 49.9% by Zhejiang Geely Holding Group and 50.1% by DRB-Hicom and is managed by Geely Auto Group. Proton is the national car brand of Malaysia, established in the 1980s at the behest of the government and later reverted to private ownership under DRB-Hicom.[93]

The brand Proton, the national carmaker’s first-ever SUV Proton X70 based on first generation Geely Boyue has made its official launch debut in Malaysia on 12 December 2018.[94]

In July 2023, after the internal restructuring in Geely Group, the Proton brand was consolidated into the balance sheets of Geely Group.[95]

smart edit

Main article: Smart (marque)

In 2020, Mercedes-Benz and Geely Holding formally established the smart brand as a global joint venture, targeting at producing zero-emission electric cars.[96] In 2022, the joint venture launched its first model Smart #1.

Motorcycle brands edit

Qianjiang Motorcycle edit

Main article: Qianjiang Motorcycle

Qianjiang Motorcycle is one of the largest manufacturers of two-wheeled vehicles in China. Since September 2016, the majority shareholding (29.8%) of the company has been controlled by the Geely Group. The vehicles are sold under four brands: QJiang, QJMotor, Benelli, Keeway Motors and KSR Moto.

Benelli edit

Main article: Benelli (motorcycles)

Benelli is a subsidiary that produces motorcycles and scooters. Design, development and marketing activities are carried out at the Benelli QJ headquarters in Pesaro, Italy, with production occurring in Wenling, China, for sale globally.

  •  
    Benelli TNT 300

Discontinued brands and models edit

Geely has sold cars under at least three separate brands and may have continued to use the brand name of a purchased company for a short time. The Emgrand, Englon, and Gleagle names were phased out in 2014[97] alongside efforts to reduce sprawl,[98] and the Shanghai Maple brand name was discontinued in 2010 and revived in 2020.[99]

Emgrand edit

Main article: Emgrand

Emgrand (Chinese: 帝豪; pinyin: Dìháo) was launched in 2009 as a medium- to high-end luxury brand.[100] In 2014, Emgrand ceased to be a stand-alone brand, and Emgrand became a sub-brand of Geely, which itself adopted an updated version of the Emgrand logo.

Englon edit

Launched in 2010 and replacing the Shanghai Maple brand,[99] the company claimed Englon (Chinese: 英伦; pinyin: yīng lún) emulated classic, British style, and its model line included a TX4 sold on the Chinese market.[101] Some of its cars were built by Geely subsidiary Shanghai LTI.[102] As Geely fully acquired The London Taxi Company in 2013, the emblem of Englon also became the new logo of The London Taxi Company.[102]

Gleagle edit

Main article: Gleagle
 
The former Gleagle logo can be seen on a Geely LC, which was also sold under that brand name.

Gleagle (Chinese: 全球鹰; pinyin: Quánqiú Yīng) was an entry-level brand.[103] Some Gleagle cars, such as the Gleagle Panda, were available for sale on the Internet in China via the Taobao Mall, a popular e-commerce site.[104][105] While Geely would deliver the car to the customer's address, buying one of the Panda models on offer did necessitate a trip to a traditional dealer.[106] This sub-brand was discontinued in 2015. Most products continued to be sold directly under the Geely brand.

Zhidou edit

Main article: Zhidou

Zhidou Auto or ZD Auto brand specialized in microcars. The brand was discontinued since 2021.

  •  
    Zhidou D2S

Geely Motorcycles edit

Main article: Geely Ming Industrial

Geely also produced motorcycles since 1994 with its own subsidiary, Geely Ming Industrial Co., with the brand Jiming and Geely Motorcycle.

Production facilities edit

 
Part of an assembly line at a Geely plant in Ningbo, Zhejiang, can be seen here.

Headquartered in Hangzhou, Zhejiang, Geely has production bases in Lanzhou, Gansu (completed in 2006, Geely construction in the region continued as of August 2010 either for expanding the existing facility or for a new semi-complete knock-down factory); Xiangtan, Hunan;[107] an unnamed location 40 minutes south of Shanghai;[108] Jinan, Shandong; and at Linhai, Luqiao, and Ningbo in Zhejiang.[27]

There are overseas factories assemble Geely models probably from semi-complete or complete knock-down kits.[citation needed] Such facilities are or have been located in Indonesia, Sri Lanka (in collaboration with Micro Cars),[109][110] Malaysia, Russia (assembly controlled by local firm Derways), Belarus (BelGee),[111] Azerbaijan (NAZ), Tunisia,[112] and Ukraine. These locations are not necessarily affiliated with or owned by Geely.

International investments and holdings edit

Mercedes-Benz Group (9.69% stake)

  • Li Shufu, the founder and chairman of Geely, acquired a 9.69% stake of Mercedes-Benz Group in February 2018, making it the company's largest single shareholder.[113]

Aston Martin (17% stake)

Volvo Group (6.8% stake)

  • In 2017, Geely acquired an 8.2% stake of Volvo AB, which is also about 15% of votes.[120][121]
  • In January 2024, Geely announced to reduce its holdings in Volvo Group by 685 million USD. The stake has been lowered from 8.2% to 6.8%. Despite the reduction, Geely remains the second-largest shareholder in Volvo Group.[122]

Renault Korea (34.02% stake)

  • In 2022, Geely invested over US$200 million to acquire a 34.02% stake in a joint venture in South Korea between Renault and the Samsung Group. The company plans to produce vehicles based on the Geely's Compact Modular Architecture platform, initially intended for the Korean domestic market.[123]

Horse (50% stake)

Drivetrain Systems International (divested)

Non-automotive businesses edit

Geely Technology Group edit

  • CAOCAO (曹操出行)– CAOCAO ride-hailing service was developed by Hangzhou YouXing Technology Company and majority owned by Zhejiang Geely Holding Group. It is the first Chinese new energy focused mobility service.
  • Terrafugia – Terrafugia was founded in 2006 targeting at roadable aircraft. The company was acquired in full by Zhejiang Geely Holding Group in 2017.
  • Zhejiang Qianjiang Motorcycle Group Co – Qianjiang Motorcycle (钱江摩托) was majority acquired by Zhejiang Geely Holding Group in 2016. The company is one of the largest producers of motorcycles in China and owns several renowned brands including Italy's Benelli. It is also known for its lithium battery technology.[126]
  • Geespace plans to create a network of low earth orbit satellites that will send precise positioning information to self-driving cars.[127]

Mitime Group edit

Mitime Group was established in 2004 and is affiliated to Zhejiang Geely Holding Group. It focuses on investment and operation management of higher education, sports, cultural tourism and other businesses. The group consists of three departments: Mitime Speedpark, Mitime Sports and Mitime Cultural Tourism.[128]

  • Mitime Speedpark – Investment and development of motor speedparks around the world. They have already constructed multiple race circuits in China and abroad and currently operate tracks in Ningbo, Chengdu, and North America.
  • Mitime Motorsports – Mitime constructs and operates race tracks for automobiles, motorcycles, and karts around the world. Mitime also organizes motorsport events such as China F4 Championship.
  • Mitime Tourism – Mitime facilitates tourism and manages hospitality services around its tracks.

Meizu edit

Main article: Meizu

In June 2022, Geely acquired a majority stake of Meizu, a Chinese consumer electronics manufacturer based in Zhuhai, Guangdong.[129]

Geely Talent Development Group edit

Previously known as Mitime Education, a subsidary of Mitime Group, the Geely Talent Development Group is the education branch of Geely to cultivate talents for the automotive industry. Geely has established 9 higher education institutions and more than 10,000 student graduate from Geely's schools each year.

  • Beijing Geely University – a private university located in Beijing,
  • Xiangtan Institute of Technology
  • Zhejiang Automobile Vocational and Technical College
  • Hunan Geely Automobile Vocations and Technical College

Sales edit

Dealer network in China edit

Geely refers to its dealer network as 4S stores and also sells some models online.[106] In 2014, it had a reported 900 retail outlets.[98]

Markets edit

 
A Geely MK in Singapore. 770 Geely cars were on Singaporean roads in 2010.[130]

In addition to China, Geely vehicles have been sold in Argentina,[131] Australia,[132] Bahrain,[133] Brazil,[134] Botswana, Burundi, Chile,[135] Colombia,[136] Costa Rica,[137] Egypt,[138] Ethiopia, Indonesia,[139] Iran,[140] Kuwait, Libya, Mali, Malawi, Madagascar, Mozambique,[141] Nepal,[142] New Zealand,[143] Nicaragua, Nigeria,[144] Oman,[145] Pakistan, the Philippines,[146] Romania,[147] Russia, Rwanda, Senegal,[148] Saudi Arabia,[149] South Africa,[150] Suriname, Syria,[151] Taiwan,[152] Turkey,[153] Uganda, Ukraine,[154] Uruguay,[155] and Venezuela.[156] In a number of markets, Geely vehicles are assembled in local factories from complete knock-down kits. Geely is also marketed in Lebanon, through the Rasamny Younes dealership network.

The Cuban government has purchased a considerable number of Geely vehicles, and they are used as police patrol cars[32] or tourist taxis throughout Havana.[157][158]

The Geely automobile brand was touted to be launched in the United Kingdom in late 2012.[159][160] However, this plan was not pursued and the official website has been offline since mid-2014.

In July 2020, a first showroom opened in Doha, Qatar.[161]

Figures edit

In 2010, Geely brand surpassed its 400,000-vehicle sales target goal for the first time selling 415,286 cars[162] of its 680,000 units/year production capacity.[125]

Geely Auto Group (including Geely, Lynk & Co brand) reported annual sales of 1,500,838 units in 2018. That year marks the first time that Geely Auto had reached sales of 1.5 million units.[163]

Geely domestic sales in China, 2003–2020[164]
Calendar year Sales Growth Market share
2003 73,779 N/A   3.44%
2004 98,283   33.21%   3.99%
2005 143,279   45.78%   4.45%
2006 205,346   43.32%   4.89%
2007 219,512   6.90%   4.16%
2008 221,786   1.04%   4.08%
2009 329,018   48.35%   3.98%
2010 414,465   25.97%   3.70%
2011 432,752   4.41%   3.52%
2012 491,445   13.56%   3.72%
2013 549,393   11.79%   3.37%
2014 425,773   -22.50%   2.31%
2015 532,384   25.04%   2.64%
2016 778,896   46.30%   3.30%
2017 1,251,656   60.70%   5.16%
2018 1,382,119   10.42%   5.96%
2019 1,255,480   -9.16%   5.93%
2020 1,134,433   -9.50%   5.77%
Geely Group sales[165][166][167][168][169][170]
Year Total Geely Automobile Holding Livan/Maple Zeekr Volvo LEVC Farizon Lotus Radar Ji Yue Smart[171] Proton[172] Zhidou
Geely Geometry Galaxy Lynk & Co Polestar
2010 425,194 425,194 - - - - discontinued - - - - - - - - - -
2011 857,006 452,161 - - - - - 404,735 - - - - - - - -
2012 905,083 527,918 - - - - - 377,165 - - - - - - - -
2013 979,691 617,484 - - - - - 362,207 - - - - - - - -
2014 878,818 499,165 - - - - - 379,653 - - - - - - - -
2015 1,025,287 578,517 - - - - - 421,374 - - - - - - 25,395
2016 1,333,077 809,079 - - - - - 503,706 - 1,961 - - - - - 20,292
2017 1,938,057 1,273,837 - - 6,012 - - 536,905 - 6,228 1,600 - - - 70,991 42,484
2018 2,276,846 1,401,819 - - 120,414 - - 666,586 1,293 5,024 1,630 - - - 64,744 15,336
2019 2,194,145 1,245,168 12,662 - 128,066 - - 694,831 2,507 7,313 1,320 - - - 100,183 2,095
2020 2,150,134 1,166,920 10,300 - 175,456 9,853 2,620 - 667,159 1,118 5,265 1,378 - - - 109,716 349
2021 2,189,409 1,046,186 55,320 - 220,516 21,940 4,945 6,007 698,693 392 18,980 1,710 - - - 114,708 12
2022 2,312,613 975,391 149,389 - 180,127 51,500 56,140 71,941 615,121 2,508 59,211 641 undisclosed - 9,212 141,432 discontinued
2023 2,790,000 1,034,737 191,346 83,497 220,250 54,600 38,001 118,685 708,716 84,312 6,970 774 154,611

Controversies edit

The 2009 Geely GE concept received criticism for looking like a Rolls-Royce.[173]

An unsuccessful lawsuit was brought against the company in the early 2000s by Toyota, which claimed Geely had "implied in ads that some of the parts [used in Geely vehicles] were made by Toyota".[174] Geely may also have previously used a logo that resembled that of Toyota.[175]

Anecdote edit

Geely is known for imbuing a sense of humor in the names of some of its vehicles. One of the Geely brand sedan is called the "King Kong" and its early model was named Uliou(Chinese: 优利欧, You Li Ou),[31] a play on words that literally means "better than the Tianjin Xiali (Chinese: 夏利, Xia Li) or the Buick Sail (Chinese: 赛欧, Sai Ou), two of its competitors.[176]

See also edit

References edit

  1. ^ . Archived from the original on 18 March 2017. Retrieved 26 June 2021.
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  3. ^ a b c d e f "Zhejiang Geely Holding Group". Fortune. Retrieved 17 April 2024.
  4. ^ "Volocopter announces joint venture with Geely subsidiary Aerofugia". electrive.com. 22 September 2021. Retrieved 5 January 2023.
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External links edit

  • Brands and companies of Geely
  • Official website
  • Business data for Geely:
    • Bloomberg
    • Google
    • Reuters
    • Yahoo!
  • Geely Global
  • Zhejiang Geely Holding Group website

January 01, 1970
geely, subsidiary, company, auto, zhejiang, holding, group, commonly, known, holding, simply, chinese, 吉利, pinyin, jílì, auspicious, chinese, multinational, automotive, company, headquartered, hangzhou, zhejiang, company, privately, owned, chinese, entrepreneu. For the subsidiary company see Geely Auto Zhejiang Geely Holding Group Co Ltd ZGH commonly known as Geely Holding or simply Geely ˈ dʒ iː l i JEE lee Chinese 吉利 pinyin Jili lit auspicious is a Chinese multinational automotive company headquartered in Hangzhou Zhejiang The company is privately owned by Chinese entrepreneur Li Shufu It was founded in 1986 and entered the automotive industry in 1997 with its subsidiary Geely Auto 19 As of 2023 update the company ranks 225 in the 2023 Fortune Global 500 list of the world s largest companies 3 Zhejiang Geely Holding Group Co Ltd Headquarters in Hangzhou ZhejiangCompany typePrivateIndustryAutomotiveFounded6 November 1986 37 years ago 1986 11 06 1 in Taizhou Zhejiang ChinaFounderLi ShufuHeadquartersBinjiang District Hangzhou Zhejiang ChinaArea servedWorldwideKey peopleLi Shufu chairman An Conghui president ProductsAutomobiles motorcycles engines transmissions luxury vehiclesProduction output2 79 million vehicles 2023 2 RevenueUS 60 40 billion 2022 3 Net incomeUS 945 million 2022 3 Total assetsUS 81 29 billion 2022 3 Total equityUS 13 01 billion 2022 3 OwnerLi ShufuNumber of employees131 517 2022 3 SubsidiariesList Aerofugia 4 Benelli 5 CEVT China Euro Vehicle Technology 6 7 Emerald Automotive Farizon Auto Geely Auto Zhejiang Geely Ming Industrial Livan Automotive London Electric Vehicle Company Lotus Cars 51 8 Lynk amp Co Meizu 9 Proton Holdings 49 9 10 Renault Korea 34 2 11 12 Smart 50 50 joint venture with Mercedes Benz 13 14 Qianjiang Motorcycle Ouling Auto Terrafugia Volvo Cars 82 15 Polestar 49 5 16 Zeekr 17 Chinese nameSimplified 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TranscriptionsStandard MandarinHanyu PinyinZhejiang Jili Konggǔ Jituan Yǒuxian GōngsiWebsitezgh wbr comFootnotes referencesin consolidated financial statement shareholders equity figure excluded perpetual bond 18 The company manufactures and sells vehicles under the names of Geely Lynk amp Co and Zeekr which are part of the Geely Automobile Group along with its subsidiaries and joint ventures such as Volvo Cars Polestar Proton Smart and Lotus as well as commercial vehicles under the London EV Company Radar Auto and Farizon brands It also produces motorcycles under its subsidiaries Zhejiang Geely Ming Industrial Jiming and Geely Qianjiang Motorcycle QJMotor and Keeway and Benelli It also holds a 9 7 stake in the Mercedes Benz Group and a 17 stake in Aston Martin 20 21 In 2024 the group produced a total of 2 79 million vehicles globally 980 000 units were plug in electric vehicles 2 Contents 1 Overview 2 History 2 1 1997 2007 1 0 era 2 2 2007 2014 2 0 era 2 3 2014 present 3 0 era 3 Automotive divisions and products 3 1 Vehicle platforms 3 2 Brands 3 2 1 Geely 3 2 1 1 Lynk amp Co 3 2 2 Polestar 3 2 3 Zeekr 3 2 4 Livan Maple 3 2 5 Lotus 3 2 6 Volvo Cars 3 2 7 Farizon 3 2 8 Radar 3 2 9 LEVC 3 2 10 Ji Yue Jidu Auto 3 2 11 Proton 3 2 12 smart 3 3 Motorcycle brands 3 3 1 Qianjiang Motorcycle 3 3 2 Benelli 3 4 Discontinued brands and models 3 4 1 Emgrand 3 4 2 Englon 3 4 3 Gleagle 3 4 4 Zhidou 3 4 5 Geely Motorcycles 4 Production facilities 5 International investments and holdings 6 Non automotive businesses 6 1 Geely Technology Group 6 2 Mitime Group 6 3 Meizu 6 4 Geely Talent Development Group 7 Sales 7 1 Dealer network in China 7 2 Markets 7 3 Figures 8 Controversies 9 Anecdote 10 See also 11 References 12 External linksOverview editGeely is a phonetic transliteration of the company s native name 吉利 pinyin Jili which means auspicious or propitious in Chinese 22 Zhejiang Geely Holding Group was already manufacturing its own cars before it acquired the Swedish passenger car maker Volvo Cars from Ford Motor Company in 2010 23 It completed the acquisition of British taxi maker London Electric Vehicle Company in 2013 24 and acquired a majority stake in British sports carmaker Lotus Cars in 2017 25 The company s business is divided into five sub groups Geely Auto Group which includes the brands Geely Auto Lynk amp Co Proton Holdings Volvo Car Group which includes the brands Volvo Cars and Polestar Geely New Energy Commercial Vehicle Group which include the brands London Electric Vehicle Company and Yuan Cheng Farizon Geely Group New Business which includes the brands Caocao Terrafugia Qianjiang Motorcycle Joma and other new businesses and Mitime Group 铭泰集团 which includes ZGH educational institutions motorsports business and tourism business Its global operations span the automotive value chain from research development and design to production sales and service 26 Geely Automobile Holdings Ltd 吉利汽车 Jili Qiche SEHK 175 a subsidiary of Zhejiang Geely Holding Group is listed on the Hong Kong Stock Exchange 27 On 13 February 2017 it became a constituent of the Hang Seng Index 28 History editLi Shufu the founder of Geely Group has described the company s development as encompassing three eras the 1 0 era of machinery the 2 0 era of electronics and the 3 0 era of intelligence 29 30 1997 2007 1 0 era edit Shufu founded Geely in 1986 as a refrigerator maker borrowing funds from family 22 31 After the purchase of a state run firm 32 Geely manufactured motorcycles in the mid 1990s 33 Small van production began in 1998 34 and a year later it received state approval to manufacture automobiles 34 Car production began in 2002 31 A subsidiary of the group Geely Auto had its initial public offering on the Stock Exchange of Hong Kong in 2004 27 The company had a booth at the 2005 Frankfurt Motor Show 35 and a 2006 showing at the North American International Auto Show 22 2007 2014 2 0 era edit Geely approached Ford Motor Company in mid 2008 about a possible takeover of Volvo Cars On 28 October 2009 it was named as the preferred buyer of Volvo by the American automaker 36 A deal was reached in late March and completed in early August 2010 37 In 2010 total sales of over 415 000 units gave the company a near two percent market share 38 39 Sales were lower than a reported 680 000 units per year production capacity 40 In December 2011 it was announced that Geely would begin selling Chinese designed and manufactured cars in the United Kingdom at the end of 2012 with the first model to go on sale being the Emgrand EC7 41 42 At that time the company also stated its intention to begin sales in Italy 43 2014 present 3 0 era edit In May 2017 Geely confirmed plans to purchase a 51 controlling stake in Lotus Cars 44 from its owner DRB HICOM Proton 8 Additionally Geely was said to have plans to purchase a 49 9 stake in Proton Holdings to facilitate future export growth in right hand drive markets 10 45 The deals were part of the company s financial strategy of making inroads into the lucrative ASEAN region 25 In July 2017 the company purchased Terrafugia an American maker of flying cars 46 In November 2017 Geely announced completion of the Terrafugia acquisition including approval from all relevant regulators 47 In December 2017 Geely invested 3 25 billion into Swedish truck and construction company Volvo Group a former parent company of Volvo Cars 48 The deal made Geely the biggest shareholder by number of shares with an 8 2 stake and second by voting rights with 15 6 48 In 2018 Geely purchased a 9 7 stake in Daimler AG owner of the Mercedes Benz and Smart brands 49 In September 2019 Geely led a round of private funding for Volocopter that raised 55 million for the company Volocopter s other private investors also include Daimler AG which owns a stake in the company 50 In late July 2020 it was announced that the Xingma Group had agreed to transfer a 15 2 stake of its shares in the Ma anshan based heavy truck manufacturer Hualing Xingma to Geely New Energy Commercial Vehicle Group a wholly owned subsidiary of Geely Holdings After the transaction Geely New Energy Commercial Vehicle Group would become the de facto controlling shareholder of Hualing Xingma 51 In September 2020 Geely started talks with rival car manufacturers including Daimler AG to license a new architecture it developed for building electric cars The new technology is purported to offer increased driving ranges of up to 700 km 430 mi and lighter cars 52 Geely is set when to create an electric vehicle joint venture together with Baidu a Chinese multinational technology company specializing in Internet related services products and artificial intelligence Baidu would develop the electric car s software while Geely would manufacture the car itself 53 54 On 23 March 2021 Geely announced the launch of its Zeekr brand of electric vehicles The first 001 Zeeker was launched in April 2021 and deliveries began in October 2021 55 In August 2021 Geely formed a strategic partnership with Renault with a car production joint venture for China 56 In January 2022 the two companies signed an agreement by which Renault s South Korean subsidiary Renault Korea Motors would produce vehicles based on Geely Compact Modular Architecture platform 57 58 initially intended for the domestic market As of January 2022 update production was slated to start by 2024 59 In May 2022 Renault said a Geely subsidiary was set to acquire a 34 of Renault Korea Motors through capital increase as part of their partnership although the company would continue to be majority owned by Renault and a consolidated subsidiary of it 60 61 In November 2022 Renault said it plans to combine its powertrain production and development operations including internal combustion engines and hybrid systems with Geely s into a joint venture holding company with both as co owners 62 63 In March 2023 Aramco signed a letter of intent to join the powertrain joint venture 64 In February 2023 Geely announced it would launch a new range of electric vehicles 65 and several new models of Geely Galaxy 66 within the next two years 67 In February 2024 Volvo Cars transferred a large part of its share in Polestar to Geely Holding reducing its ownership from 48 to 18 68 Automotive divisions and products editBased in China Zhejiang Geely Holding Group operates in several global locations via subsidiary brands The Group s core business activities are within the automotive industry where it controls the following automotive groups and vehicle brands Geely Holding Group automotive divisions 69 Division Subsidiaries brands Geely Automobile Holding Geely Auto Lynk amp Co Polestar 70 71 Proton Cars JV Volvo Car Group Volvo Cars Zeekr Intelligent Technology Zeekr Lotus Group Lotus Cars JV Lotus Technology JV Qizheng New Energy Vehicle Livan 72 Smart Automobile Smart JV LEVC London Electric Vehicle Company Radar New Energy Automobile Radar Auto Geely New Energy Commercial Vehicle Group Farizon Auto Hanma Technology JV Ou Ling Auto Green Intelligent Link Oneworld Technology JV joint venture Vehicle platforms edit Many of Geely s subsidiaries produce vehicles using shared architectures Some examples include Volvo Scalable Product Architecture platform SPA 2014 present Compact Modular Architecture platform CMA 2017 present B segment Modular Architecture platform BMA 2018 present Sustainable Experience Architecture platform SEA 2021 present Brands edit Geely edit Main article Geely Auto Geely Auto is Geely Group s original and mainstream brand primarily sold in China and select overseas markets It has two electric vehicle product line the Geely Geometry for entry level EV and Geely Galaxy for premium EV PHEV nbsp Geely Xingrui nbsp Xingyue L Hi P nbsp Geely Haoyue L Lynk amp Co edit Main article Lynk amp Co Owned 50 by Geely Auto 30 by Volvo Cars and 20 by Zhejiang Geely Holding Group Lynk amp Co was formed in 2017 73 It is a Chinese Swedish car brand based on technology developed jointly by Volvo Cars and Geely Auto nbsp Lynk amp Co 03 nbsp Lynk amp Co 08 nbsp Lynk amp Co 09 Polestar edit Main article Polestar Polestar an all electric premium car brand established in Sweden was previously part of Volvo Cars before being spun out into an independent entity Polestar was initially 50 5 owned by Geely Holding and 49 5 by Volvo Cars 74 In February 2024 Volvo Cars transferred 62 7 of its stake of Polestar and it is currently 72 owned by Geely Holding and 18 by Volvo Cars 75 76 nbsp Polestar 2 nbsp Polestar 3 nbsp Polestar 4 Zeekr edit Main article ZeekrZeekr is a brand founded by Geely in 2021 which specializes in luxury EVs nbsp Zeekr 001 nbsp Zeekr 009 nbsp Zeekr X Livan Maple edit Main articles Livan Automotive and Shanghai Maple The Maple brand name originated with Shanghai Maple Automobile a Geely subsidiary established in 1999 and phased out in 2010 77 The brand was temporarily revived in 2020 by launching its first EV the Maple 30X In 2022 Geely launched the joint venture between Lifan and Maple called Livan Ruilan 睿蓝 and the previous Maple products were reconsolidated into Livan brand nbsp Livan Maple 80V nbsp Livan 7 nbsp Livan 9 Lotus edit Main article Lotus Cars Owned 51 by Zhejiang Geely Holding Group and 49 by Etika Automotive Lotus Cars is a British producer of sports and racing cars The first Lotus car was built in 1948 and in June 2017 Lotus Cars became majority owned by Zhejiang Geely Holding Group 78 nbsp Lotus Eletre nbsp Lotus Emira nbsp Lotus Evija Volvo Cars edit Main article Volvo Cars Volvo Cars is owned 78 7 by Zhejiang Geely Holding Group post Volvo Cars IPO 15 Zhejiang Geely Holding Group acquired Volvo Cars from Ford Motor Company in 2010 23 nbsp Volvo S90 nbsp Volvo XC60 nbsp Volvo XC90 Farizon edit Yuan Cheng Auto 远程汽车 or Farizon Auto was formed in 2016 to focus on the development of commercial vehicles in China and has launched several long range capable truck and bus solutions The company raised over 300 million in a Pre A Round in October 2022 led by GLP s investment arm Hidden Hill Capital 79 and 600 million in a Series A funding round in July 2023 led by Boyu Capital and Yuexiu Industrial Fund 80 The factory was later acquired by the Chinese electric commercial vehicles company Yuan Cheng Auto which in conjunction with Myoung Shin The company plans to manufacture CKD made electric trucks for the China market 81 Products include Farizon C8E C10E C12E city buses Farizon U11E U11F tour buses Farizon Xinghan G electric and hydrogen heavy duty trucks Farizon Xingzhi H8E light duty truck Farizon Xingzhi H8M light duty truck Farizon Supervan van Farizon E5 electric cargo and panel vans 82 Farizon E5L electric cargo and panel vans Farizon E6 electric cargo and panel vans Farizon Xingxiang V series electric cargo and panel vans Farizon Xingxiang V6E micro van Farizon Xingxiang V6E Plus micro van Farizon Xingxiang F1E micro truck Farizon Fengrui series light trucks and micro trucks Farizon Fengrui V5E electric truck Farizon Fengrui F3E electric truck Farizon Fengrui E200S light truck 83 Farizon Fengrui E200X medium duty truck Farizon Fengrui E200 medium duty truck 84 nbsp Farizon E200 nbsp Farizon E200S nbsp Farizon Xingzhi H8E nbsp Farizon E5L nbsp Farizon E6 nbsp Farizon Xingxiang nbsp A Farizon bus Farizon also has a sub brand called Ouling 欧铃 selling gasoline powered lower end micro trucks Ouling Fengrui F3 欧铃 锋锐 F3 single cab and crew cab micro truck nbsp Ouling Fengrui F3 Radar edit Main article Radar Auto Radar is Geely s upscale pick up truck brand with its name standing for Rational Alone Discovery Accompany and Romantic The brand s first vehicle the Radar RD6 was unveiled in 2022 85 nbsp Radar RD6 LEVC edit Main article London Electric Vehicle Company The London Taxi Company which was acquired by Zhejiang Geely Holding Group in 2013 changed its name to London Electric Vehicle Company LEVC in 2017 to reflect its new mission of developing and producing electric commercial vehicles With a new factory in Ansty Park near Coventry it has begun production of a new generation of zero emission capable new taxi vehicle in late 2017 86 nbsp LEVC TX nbsp LEVC VN5 Ji Yue Jidu Auto edit Main article Jidu Auto Jidu Auto 集度 a joint venture between Geely and Baidu intends to release a full portfolio of electric vehicles in different segments starting in 2022 87 Jidu Auto is owned 55 by Baidu and 45 by Geely Ji Yue 极越 brand was established in August 2023 a second company between Geely and Baidu to reconstruct the partnership between the two companies 88 The Ji Yue brand is 65 owned by Geely and 35 by Baidu which makes Ji Yue brand a subsidiary under Geely Group rather than a joint venture company like Jidu 89 Due to the Chinese government s policies Baidu as the controlling company of Jidu cannot obtain the qualification to manufacture cars The purpose of establishment of Ji Yue was to make Geely as the controlling company to solve the restriction of car manufacture qualification 90 The Jidu Auto became a technology solution company to develop AI driving technology and will not be an independent car marque 91 With the new Ji Yue brand the previous Jidu ROBO 01 was renamed as Ji Yue 01 The Ji Yue brand inherited the brand logo created by Jidu Auto 92 nbsp Ji Yue 01 nbsp Ji Yue 07 Proton edit Main article Proton Holdings Owned 49 9 by Zhejiang Geely Holding Group and 50 1 by DRB Hicom and is managed by Geely Auto Group Proton is the national car brand of Malaysia established in the 1980s at the behest of the government and later reverted to private ownership under DRB Hicom 93 The brand Proton the national carmaker s first ever SUV Proton X70 based on first generation Geely Boyue has made its official launch debut in Malaysia on 12 December 2018 94 In July 2023 after the internal restructuring in Geely Group the Proton brand was consolidated into the balance sheets of Geely Group 95 nbsp Proton X50 nbsp Proton X70 nbsp Proton S70 smart edit Main article Smart marque In 2020 Mercedes Benz and Geely Holding formally established the smart brand as a global joint venture targeting at producing zero emission electric cars 96 In 2022 the joint venture launched its first model Smart 1 nbsp Smart 1 nbsp Smart 3 Motorcycle brands edit Qianjiang Motorcycle edit Main article Qianjiang Motorcycle Qianjiang Motorcycle is one of the largest manufacturers of two wheeled vehicles in China Since September 2016 the majority shareholding 29 8 of the company has been controlled by the Geely Group The vehicles are sold under four brands QJiang QJMotor Benelli Keeway Motors and KSR Moto Benelli edit Main article Benelli motorcycles Benelli is a subsidiary that produces motorcycles and scooters Design development and marketing activities are carried out at the Benelli QJ headquarters in Pesaro Italy with production occurring in Wenling China for sale globally nbsp Benelli TNT 300 Discontinued brands and models edit Geely has sold cars under at least three separate brands and may have continued to use the brand name of a purchased company for a short time The Emgrand Englon and Gleagle names were phased out in 2014 97 alongside efforts to reduce sprawl 98 and the Shanghai Maple brand name was discontinued in 2010 and revived in 2020 99 Emgrand edit Main article Emgrand Emgrand Chinese 帝豪 pinyin Dihao was launched in 2009 as a medium to high end luxury brand 100 In 2014 Emgrand ceased to be a stand alone brand and Emgrand became a sub brand of Geely which itself adopted an updated version of the Emgrand logo Englon edit Launched in 2010 and replacing the Shanghai Maple brand 99 the company claimed Englon Chinese 英伦 pinyin ying lun emulated classic British style and its model line included a TX4 sold on the Chinese market 101 Some of its cars were built by Geely subsidiary Shanghai LTI 102 As Geely fully acquired The London Taxi Company in 2013 the emblem of Englon also became the new logo of The London Taxi Company 102 Englon SC3 Englon SC5 RV Englon SC6 Englon SC7 Englon SC7 RV Englon SX5 Englon SX7 Englon TX4 Gleagle edit Main article Gleagle nbsp The former Gleagle logo can be seen on a Geely LC which was also sold under that brand name Gleagle Chinese 全球鹰 pinyin Quanqiu Ying was an entry level brand 103 Some Gleagle cars such as the Gleagle Panda were available for sale on the Internet in China via the Taobao Mall a popular e commerce site 104 105 While Geely would deliver the car to the customer s address buying one of the Panda models on offer did necessitate a trip to a traditional dealer 106 This sub brand was discontinued in 2015 Most products continued to be sold directly under the Geely brand Zhidou edit Main article Zhidou Zhidou Auto or ZD Auto brand specialized in microcars The brand was discontinued since 2021 nbsp Zhidou D2S Geely Motorcycles edit Main article Geely Ming Industrial Geely also produced motorcycles since 1994 with its own subsidiary Geely Ming Industrial Co with the brand Jiming and Geely Motorcycle Production facilities edit nbsp Part of an assembly line at a Geely plant in Ningbo Zhejiang can be seen here Headquartered in Hangzhou Zhejiang Geely has production bases in Lanzhou Gansu completed in 2006 Geely construction in the region continued as of August 2010 either for expanding the existing facility or for a new semi complete knock down factory Xiangtan Hunan 107 an unnamed location 40 minutes south of Shanghai 108 Jinan Shandong and at Linhai Luqiao and Ningbo in Zhejiang 27 There are overseas factories assemble Geely models probably from semi complete or complete knock down kits citation needed Such facilities are or have been located in Indonesia Sri Lanka in collaboration with Micro Cars 109 110 Malaysia Russia assembly controlled by local firm Derways Belarus BelGee 111 Azerbaijan NAZ Tunisia 112 and Ukraine These locations are not necessarily affiliated with or owned by Geely International investments and holdings editMercedes Benz Group 9 69 stake Li Shufu the founder and chairman of Geely acquired a 9 69 stake of Mercedes Benz Group in February 2018 making it the company s largest single shareholder 113 Aston Martin 17 stake In September 2022 Geely acquired a 7 6 stake in Aston Martin 114 115 116 In May 2023 Geely increased its stake to 17 becoming the third largest shareholder after the Yew Tree consortium and the Saudi Arabia Public Investment Fund 117 118 119 Volvo Group 6 8 stake In 2017 Geely acquired an 8 2 stake of Volvo AB which is also about 15 of votes 120 121 In January 2024 Geely announced to reduce its holdings in Volvo Group by 685 million USD The stake has been lowered from 8 2 to 6 8 Despite the reduction Geely remains the second largest shareholder in Volvo Group 122 Renault Korea 34 02 stake In 2022 Geely invested over US 200 million to acquire a 34 02 stake in a joint venture in South Korea between Renault and the Samsung Group The company plans to produce vehicles based on the Geely s Compact Modular Architecture platform initially intended for the Korean domestic market 123 Horse 50 stake A joint venture between Renault and Geely it is set to manufacture internal combustion engined ICE and hybrid powertrains for Renault Nissan and Mitsubishi vehicle with Geely s technology 124 Drivetrain Systems International divested In 2009 Geely bought Drivetrain Systems International Pty Ltd 125 a global transmission developer headquartered in Australia In 2015 Geely sold DSI to a Chinese investment company Shuanglin which continue to manufacture the DSI designed products in Xiangtan Jining and NinghaiNon automotive businesses editGeely Technology Group edit CAOCAO 曹操出行 CAOCAO ride hailing service was developed by Hangzhou YouXing Technology Company and majority owned by Zhejiang Geely Holding Group It is the first Chinese new energy focused mobility service Terrafugia Terrafugia was founded in 2006 targeting at roadable aircraft The company was acquired in full by Zhejiang Geely Holding Group in 2017 Zhejiang Qianjiang Motorcycle Group Co Qianjiang Motorcycle 钱江摩托 was majority acquired by Zhejiang Geely Holding Group in 2016 The company is one of the largest producers of motorcycles in China and owns several renowned brands including Italy s Benelli It is also known for its lithium battery technology 126 Geespace plans to create a network of low earth orbit satellites that will send precise positioning information to self driving cars 127 Mitime Group edit Mitime Group was established in 2004 and is affiliated to Zhejiang Geely Holding Group It focuses on investment and operation management of higher education sports cultural tourism and other businesses The group consists of three departments Mitime Speedpark Mitime Sports and Mitime Cultural Tourism 128 Mitime Speedpark Investment and development of motor speedparks around the world They have already constructed multiple race circuits in China and abroad and currently operate tracks in Ningbo Chengdu and North America Mitime Motorsports Mitime constructs and operates race tracks for automobiles motorcycles and karts around the world Mitime also organizes motorsport events such as China F4 Championship Mitime Tourism Mitime facilitates tourism and manages hospitality services around its tracks Meizu edit Main article Meizu In June 2022 Geely acquired a majority stake of Meizu a Chinese consumer electronics manufacturer based in Zhuhai Guangdong 129 Geely Talent Development Group edit Previously known as Mitime Education a subsidary of Mitime Group the Geely Talent Development Group is the education branch of Geely to cultivate talents for the automotive industry Geely has established 9 higher education institutions and more than 10 000 student graduate from Geely s schools each year Geely University a private university located in Chengdu University of Sanya a private university located in Hainan Beijing Geely University a private university located in Beijing Xiangtan Institute of Technology Zhejiang Automobile Vocational and Technical College Hunan Geely Automobile Vocations and Technical CollegeSales editDealer network in China edit Geely refers to its dealer network as 4S stores and also sells some models online 106 In 2014 it had a reported 900 retail outlets 98 Markets edit nbsp A Geely MK in Singapore 770 Geely cars were on Singaporean roads in 2010 130 In addition to China Geely vehicles have been sold in Argentina 131 Australia 132 Bahrain 133 Brazil 134 Botswana Burundi Chile 135 Colombia 136 Costa Rica 137 Egypt 138 Ethiopia Indonesia 139 Iran 140 Kuwait Libya Mali Malawi Madagascar Mozambique 141 Nepal 142 New Zealand 143 Nicaragua Nigeria 144 Oman 145 Pakistan the Philippines 146 Romania 147 Russia Rwanda Senegal 148 Saudi Arabia 149 South Africa 150 Suriname Syria 151 Taiwan 152 Turkey 153 Uganda Ukraine 154 Uruguay 155 and Venezuela 156 In a number of markets Geely vehicles are assembled in local factories from complete knock down kits Geely is also marketed in Lebanon through the Rasamny Younes dealership network The Cuban government has purchased a considerable number of Geely vehicles and they are used as police patrol cars 32 or tourist taxis throughout Havana 157 158 The Geely automobile brand was touted to be launched in the United Kingdom in late 2012 159 160 However this plan was not pursued and the official website has been offline since mid 2014 In July 2020 a first showroom opened in Doha Qatar 161 Figures edit In 2010 Geely brand surpassed its 400 000 vehicle sales target goal for the first time selling 415 286 cars 162 of its 680 000 units year production capacity 125 Geely Auto Group including Geely Lynk amp Co brand reported annual sales of 1 500 838 units in 2018 That year marks the first time that Geely Auto had reached sales of 1 5 million units 163 Geely domestic sales in China 2003 2020 164 Calendar year Sales Growth Market share 2003 73 779 N A nbsp 3 44 2004 98 283 nbsp 33 21 nbsp 3 99 2005 143 279 nbsp 45 78 nbsp 4 45 2006 205 346 nbsp 43 32 nbsp 4 89 2007 219 512 nbsp 6 90 nbsp 4 16 2008 221 786 nbsp 1 04 nbsp 4 08 2009 329 018 nbsp 48 35 nbsp 3 98 2010 414 465 nbsp 25 97 nbsp 3 70 2011 432 752 nbsp 4 41 nbsp 3 52 2012 491 445 nbsp 13 56 nbsp 3 72 2013 549 393 nbsp 11 79 nbsp 3 37 2014 425 773 nbsp 22 50 nbsp 2 31 2015 532 384 nbsp 25 04 nbsp 2 64 2016 778 896 nbsp 46 30 nbsp 3 30 2017 1 251 656 nbsp 60 70 nbsp 5 16 2018 1 382 119 nbsp 10 42 nbsp 5 96 2019 1 255 480 nbsp 9 16 nbsp 5 93 2020 1 134 433 nbsp 9 50 nbsp 5 77 Geely Group sales 165 166 167 168 169 170 Year Total Geely Automobile Holding Livan Maple Zeekr Volvo LEVC Farizon Lotus Radar Ji Yue Smart 171 Proton 172 Zhidou Geely Geometry Galaxy Lynk amp Co Polestar 2010 425 194 425 194 discontinued 2011 857 006 452 161 404 735 2012 905 083 527 918 377 165 2013 979 691 617 484 362 207 2014 878 818 499 165 379 653 2015 1 025 287 578 517 421 374 25 395 2016 1 333 077 809 079 503 706 1 961 20 292 2017 1 938 057 1 273 837 6 012 536 905 6 228 1 600 70 991 42 484 2018 2 276 846 1 401 819 120 414 666 586 1 293 5 024 1 630 64 744 15 336 2019 2 194 145 1 245 168 12 662 128 066 694 831 2 507 7 313 1 320 100 183 2 095 2020 2 150 134 1 166 920 10 300 175 456 9 853 2 620 667 159 1 118 5 265 1 378 109 716 349 2021 2 189 409 1 046 186 55 320 220 516 21 940 4 945 6 007 698 693 392 18 980 1 710 114 708 12 2022 2 312 613 975 391 149 389 180 127 51 500 56 140 71 941 615 121 2 508 59 211 641 undisclosed 9 212 141 432 discontinued 2023 2 790 000 1 034 737 191 346 83 497 220 250 54 600 38 001 118 685 708 716 84 312 6 970 774 154 611Controversies editThe 2009 Geely GE concept received criticism for looking like a Rolls Royce 173 An unsuccessful lawsuit was brought against the company in the early 2000s by Toyota which claimed Geely had implied in ads that some of the parts used in Geely vehicles were made by Toyota 174 Geely may also have previously used a logo that resembled that of Toyota 175 Anecdote editGeely is known for imbuing a sense of humor in the names of some of its vehicles One of the Geely brand sedan is called the King Kong and its early model was named Uliou Chinese 优利欧 You Li Ou 31 a play on words that literally means better than the Tianjin Xiali Chinese 夏利 Xia Li or the Buick Sail Chinese 赛欧 Sai Ou two of its competitors 176 See also editList of automobile manufacturers of China Automotive industry in ChinaReferences edit History 1986 now Archived from the original on 18 March 2017 Retrieved 26 June 2021 a b 吉利控股集团2023年总销量约279万辆 媒体中心 浙江吉利控股集团有限公司 in Simplified Chinese Retrieved 17 April 2024 a b c d e f Zhejiang Geely Holding Group Fortune Retrieved 17 April 2024 Volocopter announces joint venture with Geely subsidiary Aerofugia electrive com 22 September 2021 Retrieved 5 January 2023 Cathcart Alan 12 March 2018 Volvo owner Geely buys major stake in Benelli owner Qianjiang DriveMag Riders Retrieved 5 January 2023 Kinesiska staten storagare i Geely bolag baserat i Goteborg auto motor amp sport in Swedish 8 December 2021 Retrieved 5 January 2023 Triches Robert 8 November 2022 170 varslas om uppsagning pa Geelyagda Cevt Dagens industri in Swedish Retrieved 5 January 2023 a b Anthony Lim 24 May 2017 DRB Hicom to sell Lotus in its entirety for 100 million Geely to acquire 51 Etika Automotive to buy 49 Driven Communications Archived from the original on 27 May 2017 Retrieved 27 May 2017 Chinese smartphone brand Meizu sold to carmaker Geely as smart vehicles become latest frontier for Big Tech a b Gerard Lye 24 May 2017 Geely to acquire 49 9 stake in Proton 51 in Lotus definitive agreement to be signed before end of July Driven Communications Archived from the original on 4 August 2019 Retrieved 27 May 2017 Norihiko Shirouzu Heekyong Yang 10 May 2022 China s Geely buys stake in Renault Korea eyeing US exports Reuters Retrieved 5 January 2023 Geely buys stake in Renault Korea eyeing U S exports Automotive News Europe 10 May 2022 Retrieved 5 January 2023 Geely Mercedes Benz launch 780 million JV to make electric smart branded cars U S 8 January 2020 Retrieved 5 January 2023 CAR magazine 28 March 2019 It s official Geely buys 50 percent of Smart from Daimler CAR Magazine Retrieved 5 January 2023 a b Nordic Credit Outlook PDF S amp P Global Ratings December 2021 p 34 Retrieved 13 December 2021 Hawkins Andrew J 27 September 2021 Electric car company Polestar is going public via SPAC The Verge Retrieved 5 January 2023 Julie Zhu Scott Murdoch 12 December 2022 Exclusive Zeekr a premium Geely electric car brand seeks over 1 billion in U S IPO sources Reuters Retrieved 5 January 2023 2016 nian nian du bao gao 2016年年度报告 2016 Annual Report in Chinese China Geely Holding 28 April 2017 Retrieved 15 April 2018 via Shanghai Clearing House website Geely s Li Shufu is betting billions on global push Yahoo Finance 26 February 2018 Retrieved 4 January 2019 Aston Martin Attracts Chinese Carmaker Geely as Shareholder Bloomberg com 30 September 2022 Aston Martin appoints Geely CEO to board Automotive News Europe Retrieved 26 April 2024 a b c SPECIAL REPORT Saving Volvo Geely buys brand and management test Reuters 22 July 2010 a b For Volvo a New Life Under Chinese The Wall Street Journal Dow Jones amp Company Inc 29 March 2010 Retrieved 19 December 2021 Murphy Colum Sonne Paul 1 February 2013 Geely Buys Maker of 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been purchased by Chinese automaker Geely CNN Money Retrieved 25 May 2017 Intan Farhana Zainul Izwan Idris 25 May 2017 Chinese carmaker s partnership with Proton to create more job opportunities The Star Malaysia Archived from the original on 27 May 2017 Retrieved 27 May 2017 Grady Mary 5 July 2017 Report Terrafugia Sold To Chinese Conglomerate AVweb Retrieved 7 July 2017 Zhejiang Geely Holding Group completes acquisition of Terrafugia Inc terrafugia com Archived from the original on 17 September 2018 Retrieved 25 November 2017 a b Richard Milne 27 December 2017 China s Geely takes 3 25bn stake in truckmaker Volvo Group Financial Times China s Geely Buys 9 Billion Daimler Stake Bloomberg L P 23 February 2018 Retrieved 6 March 2021 Chinese Auto Giant Invests in Flying Car Startup Volocopter Bloomberg L P 9 September 2019 Retrieved 6 March 2021 华菱星马三度易主终如愿 但吉利要的不仅是 一辆重卡 After its third attempt at changing ownership Hualing Xingma achieved its wish but Geely wants more than just a heavy trucker finance sina cn in Chinese 24 July 2020 Retrieved 25 July 2020 Campbell Peter 23 September 2020 Content Financial Times Retrieved 23 September 2020 Chinese search giant Baidu to make electric cars The Verge 7 January 2021 Retrieved 1 February 2021 Baldwin Roberto 11 January 2021 Geely to Partner with Chinese Tech Giant Baidu to Build Smart EVs caranddriver com Retrieved 1 February 2021 Kang Lei 24 October 2023 Zeekr sees 1st production cars of Zeekr 001 FR electric supercar roll off line official launch set for Oct 27 CnEVPost Retrieved 24 October 2023 Renault partners Geely in China South Korea Automotive News Europe 9 August 2021 Retrieved 8 November 2022 Renault Samsung to produce green cars developed by Renault Group and Geely businesskorea co kr Retrieved 15 January 2022 Renault will use Geely s CMA platform for some of its future cars topspeed com Retrieved 15 January 2022 Nouvelle L Usine 21 January 2022 Renault conclut son alliance avec Geely pour redresser ses ventes en Coree du Sud Renault signs alliance with Geely to boost sales in South Korea L Usine Nouvelle in French Retrieved 22 January 2022 Geely Automobile Holdings to acquire 34 02 of the shares of Renault Korea Motors Press release Renault 10 May 2022 Retrieved 10 May 2022 Leggett David 10 May 2022 Geely to acquire 34 of Renault Korea Motors Just auto com Retrieved 10 May 2022 Brodie James 8 November 2022 Renault launches Ampere electric car business unit and Geely ICE joint venture AutoExpress Retrieved 8 November 2022 Geely and Renault Group sign framework agreement to create leading powertrain technology company Press release Renault 8 November 2022 Retrieved 8 November 2022 BRIEF Aramco Signs Letter of Intent with Geely and Renault Group for New Powertrain Company Reuters 2 March 2023 Retrieved 9 March 2023 Pandaily 19 January 2023 Geely Unveils Plan for Launch of New Cars in 2023 Pandaily Retrieved 24 October 2023 Kang Lei 1 June 2023 Geely Galaxy launches 1st model L7 to gain share in hybrid market CnEVPost Retrieved 24 October 2023 Geely Auto launches new premium electrified product series Geely Galaxy Green Car Congress Retrieved 1 March 2023 Volvo Cars to stop funding Polestar electric sports car business www ft com Retrieved 17 February 2024 Our Business Zhejiang Geely Holding Group Archived from the original on 10 September 2021 Retrieved 10 September 2021 Volvo to reduce its stake in Polestar from 48 to 18 per cent electrive com Retrieved 9 May 2024 Volvo Cedes Control of Polestar to Geely thesun my Retrieved 9 May 2024 吉利为何左右互倒 出售 睿蓝 财经 中国网 finance china com cn Retrieved 9 May 2024 Volvo Cars and Geely agree on technology sharing and the formation of LYNK amp CO Volvo Cars Global Newsroom Volvo Car Corporation 4 August 2017 Retrieved 19 December 2021 Volvo Cars increases shareholding in Polestar to 49 5 per cent Volvo Cars Global Newsroom Volvo Car Corporation 12 July 2021 Retrieved 19 December 2021 Polestar welcomes Geely s long term commitment to its development and growth as an independent exclusive performance brand Polestar investors polestar com Retrieved 16 April 2024 Volvo Cars to dilute stake in EV maker Polestar Reuters 23 February 2024 华普品牌介绍 Brand Introduction of Shanghai Maple in Chinese Geely Holding Group Archived from the original on 20 April 2009 Horrell Paul 24 May 2017 Chinese car giant Geely has bought Lotus TopGear com Chinese automaker Geely s new energy brand Farizon raises over 300 mln Reuters 27 October 2022 Retrieved 20 July 2023 Geely truck unit Farizon raises 600 million in funding round Reuters 20 July 2023 Retrieved 20 July 2023 군산공장 인수한 명신 4년 동안 생산은 전무 Hankyong in Korean 1 June 2023 Retrieved 1 June 2023 E5 Pure Electric City Logistice Vehicle GCV www geelycv com Archived from the original on 5 November 2021 Retrieved 5 November 2021 E200S Pure Electric Box type Transport Vehicle GCV www geelycv com Archived from the original on 5 November 2021 Retrieved 5 November 2021 E200 Pure Electric Box type Transport Vehicle GCV www geelycv com Archived from the original on 5 November 2021 Retrieved 5 November 2021 Geely s Radar RD6 EV Pickup Debuts In China Alongside New Outdoors Lifestyle Vehicle Brand Carscoops 13 July 2022 Retrieved 21 July 2022 For 2007 joint venture see Tracey Tong Angel YY Yeung 7 September 2007 Geely Automobile Holdings Limited Announced Interim Results for the Six Months Ended 30 June 2007 Net Profit Declined by 32 to HKD82 million PDF Jovian Communications Geely Retrieved 28 February 2015 For 2013 purchase of company see JONES RHYS 1 February 2013 China s Geely buys black cab maker Manganese Bronze Reuters com Retrieved 28 February 2015 Jidu Auto to invest billions in electrification by 2026 electrive com 27 April 2021 Retrieved 24 September 2021 马清 Geely Baidu unveil new car brand Ji Yue www chinadaily com cn Retrieved 25 August 2023 从 集度 到 极越 百度吉利合作之路走向何方 www sohu com Retrieved 25 August 2023 Geely Baidu Hitch Up on New EV Brand Caixin Global www caixinglobal com Retrieved 25 August 2023 百度吉利合作造车 集度 之后添 极越 二者有何不同 投中网 www chinaventure com cn Retrieved 25 August 2023 JI YUE Zhejiang Geely Holding Group Retrieved 25 August 2023 Lye Gerard 24 May 2017 Geely to acquire 49 9 stake in Proton 51 in Lotus definitive agreement to be signed before end of July Paultan org Lee Jonathan 12 December 2018 Proton X70 SUV launched in Malaysia from RM99 800 Paultan org Geely transfers Proton shares to another subsidiary to reduce connected transactions what is this about paultan org Paul Tan s Automotive News 2 June 2023 Retrieved 8 December 2023 Mercedes Benz and Geely Holding formally established global joint venture smart Automobile Co Ltd for the smart brand Mercedes Benz and Geely Holding formally established global joint venture smart Automobile Co Ltd for the smart brand Retrieved 12 May 2023 Behrmann Elisabeth 16 December 2014 Volvo Cars Billionaire Owner Revamps Chinese Brand Geely Bloomberg Business Bloomberg LP Retrieved 28 February 2015 a b Samuel Shen Norihiko Shirouzu 18 April 2014 China s Geely to consolidate branding sales Reuters com Retrieved 28 February 2015 a b Englon brand to get major boost in 2011 China Car Times 29 November 2010 Archived from the original on 23 July 2011 Retrieved 23 July 2011 Geely Emgrand brand to build new image of automobile in China Geely 28 July 2009 Archived from the original on 10 August 2011 The first user of Shanghai Englon TX4 came out into view in Shanghai Auto Show Geely Archived from the original on 10 August 2011 a b Geely Releases All New Englon SC5 RV Subcompact ChinaAutoWeb Retrieved 26 January 2016 Short Torque China Daily 6 December 2010 China s Geely opens online car store on Taobao Reuters 6 December 2010 China s Geely now selling cars online China Daily 7 December 2010 a b Geely nets online store China Daily 8 December 2010 Zhou Tienong inspects Geely s Xiangtan plant Geely 10 June 2010 Archived from the original on 4 October 2011 Shanghaied Things are going awry for foreign carmakers in China The Economist 21 April 2005 Handing over 1st Batch of PANDAs to customers Micro Cars 28 February 2011 Archived from the original on 10 February 2012 New Micro Sedan from GEELY Micro Cars 30 April 2010 Archived from the original on 10 February 2012 First Atlas from BELGEE Plant Roll Off Assembly Line Geely Global 17 November 2017 Actuoto Decouverte Inauguration de l usine Geely a Sousse مصنع تركيب جيلي تونس 14 October 2018 archived from the original on 22 December 2021 retrieved 23 March 2019 Shareholder Structure Mercedes Benz Group Retrieved 15 October 2023 Breaking Geely acquires 7 6 stake in Aston Martin Autocar 30 September 2022 Geely takes stake in Aston Martin Automotive News Europe 30 September 2022 China s Geely buys 7 6 stake in Aston Martin Lagonda ABC News 30 September 2022 Geely doubles stake in Aston Martin to 17 Financial Times 18 May 2023 Aston Martin stock soars as China s Geely to become no 3 shareholder Reuters 18 May 2023 Geely doubles stake in Aston Martin Automotive News Europe 18 May 2023 China s Geely completes deal to buy AB Volvo stake Reuters 18 June 2018 Retrieved 11 November 2023 Wee Sui Lee 27 December 2017 Geely Buys Stake in Volvo Trucks Despite China Restrictions The New York Times ISSN 0362 4331 Retrieved 11 November 2023 吉利减持沃尔沃集团近6 8亿美元股份 auto gasgoo com Retrieved 11 January 2024 Geely signs deal to buy 34 of Renault s South Korea business Nikkei Asia Retrieved 28 November 2023 HORSE new leading powertrain technology company is now fully operational and ready to reinvent combustion Newsroom Renault Group 7 May 2023 Retrieved 27 December 2023 a b China Geely on track to meet target Reuters 12 November 2010 Qianjiang Motorcycle Always call call finance china 20 July 2016 Retrieved 21 December 2018 China s Geely Builds Satellites To Guide Autonomous Vehicles News satnews com 4 October 2021 Retrieved 27 February 2022 Mitime Group 吉利控股集团官网 in Simplified Chinese Retrieved 16 May 2023 Liao Rita 5 July 2022 Founder of auto giant Geely buys Meizu TechCrunch Retrieved 9 January 2024 Total Car Population By Make PDF lta gov sg Apuntes del lanzamiento de Geely Argentina Autoblog Argentina 13 December 2016 Geely MK now Australia s cheapest car The Sunday Times 5 January 2011 Mannai Motors is a Bahraini Establishment specialized in trading in Automobiles Mannai Motors Archived from the original on 7 February 2011 Geely Motors do Brasil Retrieved 26 March 2014 Geely s Boundless Care for Earthquake hit Chile Geely Archived from the original on 5 September 2010 Geely Colombia Geely Colombia Archived from the original on 16 May 2014 Retrieved 2 September 2013 Geely Costa Rica Dragon Motors Costa Rica Retrieved 3 January 2012 Geely Egypt Retrieved 8 October 2013 Geely Indonesia Archived from the original on 1 January 2012 Retrieved 3 January 2012 Geely Al Khayyat Motors Group Archived from the original on 26 July 2009 Retrieved 3 January 2012 Kuwait Automotive Imports Company Geely The Global Car From China Now in Kuwait Geely Nepal Saakha amp Universal Automobiles Pvt Ltd Retrieved 3 January 2012 Geely NZ Geely New Zealand Archived from the original on 19 December 2011 Retrieved 3 January 2012 Beijing Auto Show is Geely s Strategic Point of Blow out Geely Archived from the original on 22 February 2010 Retrieved 3 January 2012 Geely Automobiles Al Hashar Group Archived from the original on 27 December 2011 Retrieved 3 January 2012 Geely Auto Officially Launches in the Philippines with Crossover SUV Geely Coolray Retrieved 3 January 2012 Geely Automobile Romania Archived from the original on 28 December 2011 Retrieved 3 January 2012 Geely s CKD Assembling of MK Launches in Russia Geely Archived from the original on 20 February 2012 Retrieved 3 January 2012 Haji Husein Alireza amp Co Ltd Archived from the original on 15 August 2012 Geely SA Geely South Africa Retrieved 3 January 2012 Geely Awarded as Best China s Automobile Brand in the Syrian Market Geely 30 July 2009 Archived from the original on 18 April 2010 Tobe M car Makes a Splash in Taibei Geely Archived from the original on 20 February 2012 Retrieved 3 January 2012 Turkey Welcomes Geely s Manufacturing Geely Archived from the original on 23 January 2013 Retrieved 3 January 2012 Geely Ukraina in Russian AIS Group Archived from the original on 14 September 2007 Retrieved 3 January 2012 Geely Gruppo Fiancar Retrieved 3 January 2012 Geely de Venezuela Archived from the original on 21 December 2011 Retrieved 3 January 2012 Geely Prevails in Cuba s Street Geely 6 February 2010 Archived from the original on 17 April 2011 Geely car models three large scale exports of Cuban exports Agile News 25 October 2011 Geely Auto Archived from the original on 8 January 2012 Retrieved 25 December 2019 Geely vehicles will be launched into the UK late 2012 Chinese car maker Geely to launch in UK in 2012 CAR Magazine Retrieved 26 June 2021 Watch Geely Auto virtual launch in Qatar www iloveqatar net Retrieved 25 March 2022 Leung Alison 11 January 2011 Lewis Chris ed UPDATE 1 Geely shares up after 2010 sales beat target Reuters Retrieved 1 June 2012 Chan Tony Geely Auto 2018 Sales Reach 1 5 Million Units Increasing Over 20 From Previous Year Geely Global Media Center Retrieved 6 March 2021 Geely China Sales Figures carsalesbase com 8 March 2015 Retrieved 27 October 2020 MarkLines Co Ltd www marklines com Retrieved 1 December 2022 新聞 www geelyauto com hk Retrieved 9 January 2023 Lotus www autozine org Retrieved 9 January 2023 About Volvo Sales Volumes Volvo Cars Global Media Newsroom www media volvocars com Retrieved 5 January 2024 极越汽车销量查询 极越汽车销量排名 极越汽车历史销量查询 车主之家 xl 16888 com Retrieved 11 January 2024 Lotus Investor Relations Lotus Official Geely model only Since Geely s acquisition of Smart in 2022 the sales of smart Fortwo Forfour are accounted for under the Mercedes Benz Group while smart 1 and smart 3 are included in the Geely Consolidated into Geely s balance sheet since 2018 Geely says Rolls Royce s copy claims are baseless Motor Authority 24 April 2009 Retrieved 6 March 2021 Fairclough G 2006 Nov 07 Bumper crop As barriers fall in auto business china jumps in Geely aims to be world player but quality woes linger cars a new commodity copycat accusations fly The Wall Street Journal James Mackintosh 2003 Carmakers gamble on China Financial Times The Little Car Company That Can BloombergBusinessweek 16 June 2002 Archived from the original on 18 January 2013 Retrieved 25 July 2012 Please note that the Xiali is based on a Daihatsu Charade so while this article refers to a Toyota Charade they really mean the Chinese market version of the Daihatsu Charade which was popular in ChinaExternal links editBrands and companies of Geely Official website Business data for Geely BloombergGoogleReutersYahoo Geely Global Zhejiang Geely Holding Group website Retrieved from https en wikipedia org w index php title Geely amp oldid 1223658088 Farizon, wikipedia, wiki, book, books, library,

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