Geely

Zhejiang Geely Holding Group Co., Ltd.
Company typePrivate
IndustryAutomotive
Founded
  • 6 November 1986 (1986-11-06)
    in Taizhou, Zhejiang, China
  • 24 March 2003 (2003-03-24) (as ZGH)
FounderLi Shufu
HeadquartersBinjiang District, Hangzhou, Zhejiang, China
Area served
Worldwide
Key people
  • Li Shufu (chairman)
  • An Conghui (president)
ProductsAutomobiles, motorcycles, engines, transmissions
Production output
3,336,534 vehicles (2024)
Revenue US$60.40 billion (2022)
US$945 million (2022)
Total assets US$81.29 billion (2022)
Total equity US$13.01 billion (2022)
OwnerLi Shufu
Number of employees
131,517 (2022)
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

Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding (/ˈli/ ; Chinese: 吉利控股; pinyin: Jílì Kònggǔ), is a Chinese multinational automotive conglomerate headquartered in Hangzhou, China. The company was founded by, and is privately owned by Chinese entrepreneur Li Shufu.

Geely was founded in 1986 as a refrigerator parts company, before transitioning to motorcycles in 1994 and entering the automotive industry in 1997. ZGH as a holding company was founded in 2003. As of 2023, the company ranks 225 in the 2023 Fortune Global 500 list of the world's largest companies. In 2024, the group produced a total of 3.33 million vehicles globally, including 1.48 million plug-in electric vehicles.

The company manufactures and sells vehicles under the brands of Geely, Lynk & Co and Zeekr brands, which are part of the Geely Auto Group business unit, 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 / Riddara and Farizon brands. It produces motorcycles under its subsidiaries Zhejiang Geely Ming Industrial (Jiming and Geely), Qianjiang Motorcycle (QJMotor and Keeway), and Benelli. It also holds a 17% stake in Aston Martin and owns half of Horse Powertrain, an engine manufacturing joint venture with Renault.

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