Geely

Zhejiang Geely Holding Group Co., Ltd. (ZGH), 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. As of 2023, the company ranks 225 in the 2023 Fortune Global 500 list of the world's largest companies.

For the subsidiary company, see Geely Auto.

Zhejiang Geely Holding Group Co., Ltd.
Company typePrivate
IndustryAutomotive
Founded6 November 1986 (1986-11-06)
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)
Revenue CN¥92.1 billion (2020)
CN¥9.636 billion (2020)
Net income
 CN¥6.44 billion (2020)
Total assets CN¥206.74 billion (2020)
Total equity CN¥64.21 billion (2020)
OwnerLi Shufu
Number of employees
131,517 (2023)
Subsidiaries
List
    • Aerofugia
    • Benelli
    • CEVT (China Euro Vehicle Technology)
    • Emerald Automotive
    • Farizon Auto
    • Geely Auto
    • Zhejiang Geely Ming Industrial
    • London Electric Vehicle Company
    • Lotus Cars (51%)
    • Lynk & Co
    • Maple
    • Proton Holdings (49.9%)
    • Renault Korea (34.2%)
    • Smart (50/50 joint venture with Mercedes-Benz)
    • Qianjiang Motorcycle
    • Ouling Auto
    • Terrafugia
    • Volvo Cars (82%)
      • Polestar (49.5%)
    • Zeekr
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
Websitezgh.com
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, Livan, Lynk & Co and Zeekr (under Geely Automobile Group), along with foreign-located subsidiaries, such as Volvo Cars, Polestar, Proton, and Lotus, as well as commercial vehicles under the London EV Company, Ouling Auto and Farizon Auto brands. It also produces motorcycles under its subsidiary Zhejiang Geely Ming Industrial (Jiming and Geely brands), Qianjiang Motorcycle (QJMotor and Keeway brands) and Benelli.

The group owns a 9.7% stake in Mercedes-Benz Group. It also held a 7.6% shareholding in Aston Martin Lagonda Global Holdings plc, the owner of British car brand Aston Martin.

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

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