Zhejiang Geely Holding Group Co., Ltd.

Overview

Zhejiang Geely Holding Group Co., Ltd. is a Chinese multinational automotive conglomerate headquartered in Hangzhou, China. Founded in 1986 by Li Shufu, the company initially produced refrigerator parts before transitioning to motorcycles in 1994 and entering the automotive industry in 1997. As of 2023, Geely Holding ranks 225th in the Fortune Global 500 list of the world's largest companies. In 2025, the group produced a total of 4.1 million vehicles globally, including 2.3 million plug-in electric vehicles. The company manufactures and sells vehicles under the brands of Geely, Lynk & Co, and Zeekr, which are part of the Geely Auto Group business unit. Its subsidiaries and joint ventures include Volvo Cars, Polestar, Proton, Smart, Lotus, and commercial vehicles London EV Company, Radar Auto, and Farizon. Geely also produces motorcycles through its subsidiaries Zhejiang Geely Ming Industrial, Qianjiang Motorcycle, and Benelli. Geely Holding has been listed in the Fortune Global 500 for thirteen consecutive years, ranking 185th in the 2024 list. The company employs over 130,000 people globally and has established a globalized R&D network with five R&D centers employing over 10,000 science and technology-focused personnel. Geely's investment strategy focuses on private equity and venture capital, targeting early-stage to late-stage investments, including pre-IPO, buyouts, turnarounds, and distressed assets. The company's geographical focus spans multiple countries, including China, the United States, the United Kingdom, Sweden, Malaysia, Norway, the Netherlands, Italy, Australia, New Zealand, Russia, India, Indonesia, Thailand, the Philippines, Pakistan, Bangladesh, Vietnam, South Korea, Japan, and Mexico. Geely's investments cover a wide range of industries, including automotive, electric vehicles, technology, manufacturing, transportation, mobility services, automotive parts, automotive design, automotive engineering, automotive sales, automotive service, automotive research and development, automotive marketing, automotive distribution, automotive retail, and more.