Cars and mobility
Geely Holding Group吉利控股集团
About the company
Geely Holding Group owns a family of car brands, including Geely, Volvo Cars, Zeekr, Lynk & Co, Polestar and Lotus. Li Shufu started Geely in 1986; the holding company was set up in 2003 and has its headquarters in Binjiang District, Hangzhou. In 2025 the group sold 4,116,321 vehicles, 26 percent more than a year earlier, and 56 percent of them were electric or plug-in hybrid. The holding company is privately owned by Li Shufu.
Geely bought Volvo Cars from Ford in 2010; the deal closed on 2 August 2010, for 1.8 billion US dollars. With it the group acquired the Volvo plant in Ghent, opened in 1965 and Volvo’s second-largest production site.
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