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Geely Automobile

Zhejiang Geely Holding Group Co., Ltd
Holding company
Traded as
Industry Automotive
Founded Taizhou, Zhejiang, China, November 6, 1986; 30 years ago (1986-11-06)
Founder Li Shufu
Headquarters 1760 Jiangling Road, Binjiang District, Hangzhou, Zhejiang, China
Area served
Worldwide
Key people
Li Shufu (Chairman)
Yang Jian (President)
Products Automobiles, motorcycles, engines, transmissions
Revenue Decrease RMB 21,738,358,000 (USD 3.3 billion), 2014
Decrease RMB 1,449,128,000 (USD 220 million), 2014
Number of employees
18,481
Subsidiaries
Website geely.com
Geely
Simplified Chinese 吉利控股集团
Traditional Chinese 吉利控股集團

Geely (officially Zhejiang Geely Holding Group Co., Ltd) is a Chinese multinational automotive manufacturing company headquartered in Hangzhou, Zhejiang. Its principal products are automobiles, taxis, motorcycles, delivery vans, engines, and transmissions. It sells passenger cars under the Geely and Volvo brands and taxis under the London Taxi brand. Delivery vans are sold under the brand Emerald.

Geely has owned the Swedish passenger car maker Volvo Cars since 2010 (with the CEO Håkan Samuelsson who is active since Oct 19, 2012 to current date), when it acquired the company from Ford. It has owned the British taxi maker The London Taxi Company since 2012.

Geely Automobile Holdings Ltd (Chinese: 吉利汽车; pinyin: Jílì Qìchē) (: 0175), a subsidiary of Geely, is listed on the . On 13 February 2017 it is a constituent of the Hang Seng.

Geely (Chinese: 吉利; pinyin: Jílì) means "auspicious" or "lucky" in Mandarin Chinese.

Founding Geely in 1986 as a refrigerator maker with money borrowed from family,Li Shufu transformed the company into a success selling inexpensive products to Chinese consumers. A pioneer private Chinese automaker, in 2003 it remained the only domestic car manufacturer to lack ties to the Chinese state, although another indigenous, politically independent automaker, BYD Auto, was rising around this time. (Great Wall Motors may be considered another firm less burdened with ties to the state.)


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