Geely

Short description: Chinese automotive manufacturer

Zhejiang Geely Holding Group Co., Ltd.

Headquarters in Hangzhou, Zhejiang

Type| Private
Industry| Automotive industry
Founded| 6 November 1986; 37 years ago (1986-11-06)[1]
in Taizhou, Zhejiang, China
Founder| Li Shufu
Headquarters| Binjiang District, Hangzhou, Zhejiang, China

Area served

| Worldwide

Key people

* Li Shufu (Founder & Chairman)
* An Cong Hui (President)

Products| Automobiles, Motorcycles, engines, transmissions, luxury vehicles
Revenue|  CN¥92.1 billion[2] (2020)

Operating income

|  CN¥9.636 billion[2] (2020)

Net income

|  CN¥6.44 billion[2] (2020)
Total assets|  CN¥206.74 billion[2] (2020)
Total equity|  CN¥64.21 billion[2] (2020)
Owner| Li Shufu

Number of employees

| 80,000[3]
Subsidiaries|

List

*     * Aerofugia [4]
* Benelli[5]
* CEVT (China Euro Vehicle Technology)[6][7]
* Emerald Automotive
* Geely Auto
* Zhejiang Geely Ming Industrial
* London Electric Vehicle Company
* Lotus Cars (51%)[8]
* Lynk & Co
* Maple
* Proton Holdings (49.9%)[9]
* Renault Korea (34.2%)[10][11]
* Smart (50/50 joint venture with Mercedes-Benz)[12][13]
* Qianjiang Motorcycle
* Ouling Auto
* Terrafugia
* Volvo Cars (82%)[14]
* Polestar(49.5%)[15]
* Yuan Cheng Auto (Farizon Auto)
* Zeekr[16]

Script error: No such module "Infobox multi-lingual name".
Website| zgh.com
Footnotes / references
in consolidated financial statement; shareholders' equity figure excluded perpetual bond[17]

Zhejiang Geely Holding Group Co., Ltd., commonly known as Geely (/ˈdʒiːli/ JEE-lee; Chinese: 吉利; pinyin: Jílì; literally: 'auspicious'), is a Chinese multinational Automotive industry , 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.[18] Geely Auto is the seventh-largest automobile manufacturer in China, with 1.328 million sales in China in 2021. Globally, the group sold over 2.2 million cars in 2021,[19] and over 17,926 plug-in electric vehicles in January 2022.[20]

The company produces and sells vehicles under its own brands such as Geely Auto, Geometry, Livan, and Zeekr, and under foreign-located subsidiaries, such as Volvo Cars, Polestar, Lynk & Co, Proton, and Lotus, as well as commercial-only vehicles under the London EV Company, Ouling Auto and Farizon Auto brands. It also produces electric vehicles under some of the previously listed brandings, and motorcycles under its subsidiary Zhejiang Geely Ming Industrial (Jiming and Geely brands), Qianjiang Motorcycle (QJMotor and Keeway brands) and Benelli. In September 2022, the group acquired a 7.6% shareholding in Aston Martin Lagonda Global Holdings plc, the ultra-luxury British performance brand Aston Martin.[21]

## Contents

* 1 Overview
* 2 History
* 2.1 1997–2007, "1.0 era"
* 2.2 2007–2014, "2.0 era"
* 2.3 2014–present, "3.0 era"
* 3 Automotive divisions and products
* 3.1 Vehicle platforms
* 3.2 Brands
* 3.2.1 Geely Auto
* 3.2.1.1 Lynk & Co
* 3.2.2 Zeekr
* 3.2.3 Livan/Maple
* 3.2.4 Lotus
* 3.2.5 Volvo Cars
* 3.2.6 Polestar
* 3.2.7 Farizon
* 3.2.8 Radar
* 3.2.9 LEVC
* 3.2.10 Ji Yue / Jidu Auto
* 3.2.11 Proton
* 3.2.12 smart
* 3.3 Motorcycle Brands
* 3.3.1 Qianjiang Motorcycle
* 3.3.2 Benelli
* 3.4 Discontinued brands and models
* 3.4.1 Emgrand
* 3.4.2 Englon
* 3.4.3 Gleagle
* 3.4.4 Zhidou
* 3.4.5 Geely Motorcycles
* 3.5 Production facilities
* 4 International investments and holdings
* 5 Non-automotive businesses
* 5.1 Geely Technology Group
* 5.2 Mitime Group
* 5.3 Drivetrain Systems International
* 5.4 Meizu
* 5.5 Education institutes
* 6 Sales
* 6.1 Dealer network in China
* 6.2 Markets
* 6.3 Figures
* 7 Controversies
* 8 Anecdote
* 9 See also
* 10 References
* 11 External links

## Overview

Geely is a phonetic transliteration of the company's native name 吉利 (pinyin: Jílì), which means "auspicious" or "propitious" in Chinese.[22]

Zhejiang Geely Holding Group was already manufacturing its own cars before it acquired the Swedish passenger car maker Volvo Cars from Ford Motor Company in 2010.[23] It completed the acquisition of British taxi maker London Electric Vehicle Company in 2013,[24] and acquired a majority stake in British sports carmaker Lotus Cars in 2017.[25]

The company's business is divided into five sub-groups: Geely Auto Group which includes the brands Geely Auto, Lynk & Co, Proton Holdings, and Lotus; Volvo Car Group which includes the brands Volvo Cars and Polestar; Geely New Energy Commercial Vehicle Group which include the brands London Electric Vehicle Company and Yuan Cheng (Farizon); Geely Group (New Business) which includes the brands Caocao, Terrafugia, Qianjiang Motorcycle, Joma, and other new businesses; and Mitime Group (铭泰集团) which includes ZGH educational institutions, motorsports business, and tourism business; It has global operations spanning the automotive value chain, including research, development and design to production, sales and service.[26]

Geely Automobile Holdings Ltd (吉利汽车; Jílì Qìchē) (SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".), a subsidiary of Zhejiang Geely Holding Group, is listed on the Hong Kong Stock Exchange.[27] On 13 February 2017, it became a constituent of the Hang Seng Index.[28]

## History

Li Shufu, the founder of Geely Group, has described the company's development as encompassing three eras: the "1.0 era" of machinery, the "2.0 era" of electronics, and the "3.0 era" of intelligence.[29][30]

### 1997–2007, "1.0 era"

Shufu founded Geely in 1986 as a refrigerator maker, borrowing funds from family.[22][31]

After the purchase of a state-run firm,[32] Geely manufactured motorcycles in the mid-1990s.[33] Small van production began in 1998,[34] and a year later, it received state approval to manufacture automobiles.[34] Car production began in 2002.[31] A subsidiary of the group, Geely Auto, had its initial public offering on the Stock Exchange of Hong Kong in 2004.[27]

The company had a booth at the 2005 Frankfurt Motor Show,[35] and a 2006 showing at the North American International Auto Show.[22]

### 2007–2014, "2.0 era"

Geely approached Ford Motor Company in mid-2008 about a possible takeover of Volvo Cars. On 28 October 2009, it was named as the preferred buyer of Volvo by the American automaker.[36] A deal was reached in late March and completed in early August 2010.[37]

In 2010, total sales of over 415,000 units gave the company a near two percent market share.[38][39] Sales were lower than a reported 680,000 units per year production capacity.[40]

In December 2011, it was announced that Geely would begin selling Chinese designed and manufactured cars in the United Kingdom at the end of 2012, with the first model to go on sale being the Emgrand EC7.[41][42] At that time, the company also stated its intention to begin sales in Italy.[43]

### 2014–present, "3.0 era"

In May 2017, Geely confirmed plans to purchase a 51% controlling-stake in Lotus Cars[44] from its owner, DRB-HICOM (Proton).[8] Additionally, Geely was said to have plans to purchase a 49.9% stake in Proton Holdings, to facilitate future export growth in right-hand drive markets.[9][45] The deals were part of the company's financial strategy of making inroads into the lucrative ASEAN region.[25]

In July 2017, the company purchased Terrafugia, an American maker of flying cars.[46] In November 2017, Geely announced completion of the Terrafugia acquisition, including approval from all relevant regulators.[47]

In December 2017, Geely invested €3.25 billion into Swedish truck and construction company Volvo Group, a former parent company of Volvo Cars.[48] The deal made Geely the biggest shareholder by number of shares with an 8.2% stake, and second by voting rights, with 15.6%.[48]

In 2018, Geely purchased a 9.7% stake in Daimler AG, owner of the Mercedes-Benz and Smart brands.[49]

In September 2019, Geely led a round of private funding for Volocopter that raised $55 million for the company. Volocopter's other private investors also include Daimler AG which owns a stake in the company.[50]

In late July 2020, it was announced that the Xingma Group had agreed to transfer a 15.24% stake of its shares in the Ma'anshan-based heavy truck manufacturer Hualing Xingma to Geely New Energy Commercial Vehicle Group, a wholly owned subsidiary of Geely Holdings. After the transaction, Geely New Energy Commercial Vehicle Group would become the de facto controlling shareholder of Hualing Xingma.[51]

In September 2020, Geely started talks with rival car manufacturers, including Daimler AG, to license a new architecture it developed for building electric cars. The new technology is purported to offer increased driving ranges of up to 700 km and lighter cars.[52]

Geely is set[when?] to create an electric vehicle joint venture together with Baidu, a Chinese multinational technology company specializing in Internet-related services, products, and artificial intelligence. Baidu would develop the electric car's software while Geely would manufacture the car itself.[53][54]

On 23 March 2021, Geely announced the launch of its Zeekr brand of electric vehicles. The first 001 Zeeker was launched in April 2021, and deliveries began in October 2021.[55]

In August 2021, Geely formed a strategic partnership with Renault, with a car production joint venture for China.[56] In January 2022, the two companies signed an agreement by which Renault's South Korean subsidiary, Renault Korea Motors, would produce vehicles based on Geely Compact Modular Architecture platform,[57][58] initially intended for the domestic market. Production is set to start by 2024.[59] In May 2022, Renault said a Geely subsidiary was set to acquire a 34.02% of Renault Korea Motors through capital increase as part of their partnership, although the company would continue to be majority owned by Renault and a consolidated subsidiary of it.[60][61] In November 2022, Renault said it plans to combine its powertrain production and development operations (including internal combustion engines and hybrid systems) with Geely's into a joint venture holding company with both as co-owners.[62][63] In March 2023, Aramco signed a letter of intent to join the powertrain joint venture.[64]

In February 2023, Geely announced it would launch a new range of electrical vehicles[65] and several new models of Geely Galaxy[66] within the next two years.[67]

## Automotive divisions and products

Based in China, Zhejiang Geely Holding Group operates in several global locations, via subsidiary brands. The Group's core business activities are within the automotive industry where it controls the following automotive groups and vehicle brands:

Geely Holding Group Automotive Divisions, 2022[68] (JV) = Joint Venture Division  | Subsidiaries/brands

|

Geely Auto Group | Geely Auto, Geometry, Lynk & Co, Livan, Proton Cars(JV)
Volvo Car Group | Volvo Cars, Polestar
Zeekr Intelligent Technology | Zeekr
Lotus Group | Lotus Cars(JV), Lotus Technology(JV)
Smart Automobile | Smart(JV)
LEVC | London Electric Vehicle Company
Radar New Energy Automobile | Radar Auto
Geely New Energy Commercial Vehicle Group | Farizon Auto, Hanma Technology(JV), Ou Ling Auto, Green Intelligent Link, Oneworld Technology

### Vehicle platforms

Many of Geely's subsidiaries produce vehicles using shared architectures. Some examples include:

* Volvo Scalable Product Architecture platform (SPA) - 2014–present
* Compact Modular Architecture platform (CMA) - 2017–present
* B-segment Modular Architecture platform (BMA) - 2018–present
* Sustainable Experience Architecture platform (SEA) - 2021–present

### Brands

#### Geely Auto

Geely Auto is Geely Group's original and mainstream brand, primarily sold in China and select overseas markets. It has two electric vehicle product line, the Geely Geometry for entry-level EV and Geely Galaxy for premium EV/PHEV.

* Geely Xingyue (Tugella)

* Geely Xingrui

* Geely Haoyue L (Okavango)

* Geely Xingyue L (Monjaro)

* Geely Boyue (Atlas)

* Geely Binyue (Coolray)

##### Lynk & Co

Owned 50% by Geely Auto, 30% by Volvo Cars, and 20% by Zhejiang Geely Holding Group, Lynk & Co was formed in 2017.[69] It is a Chinese–Swedish car brand based on technology developed jointly by Volvo Cars and Geely Auto.

* Lynk & Co 01

* Lynk & Co 03

* Lynk & Co 09

#### Zeekr

Zeekr is a brand founded by Geely in 2021 which specializes in luxury EVs.

* Zeekr 001

* Zeekr 009

* Zeekr X

#### Livan/Maple

The Maple brand name originated with Shanghai Maple Automobile, a Geely subsidiary established in 1999 and phased out in 2010.[70] The brand was temporarily revived in 2020 by launching its first EV, the Maple 30X.

In 2022, Geely launched the joint venture between Lifan and Maple called Livan (Ruilan, 睿蓝), and the previous Maple products were reconsolidated into Livan brand.

* Livan Maple 80V

* Livan 7

* Livan 9

#### Lotus

Main page: Company:Lotus Cars

Owned 51% by Zhejiang Geely Holding Group and 49% by Etika Automotive, Lotus Cars is a British producer of sports and racing cars. The first Lotus car was built in 1948 and in June 2017, Lotus Cars became majority owned by Zhejiang Geely Holding Group.[71]

* Lotus Eletre

* Lotus Emira

* Lotus Evija

#### Volvo Cars

Main page: Company:Volvo Cars

Volvo Cars is owned 78.7% by Zhejiang Geely Holding Group (post Volvo Cars IPO).[14] Zhejiang Geely Holding Group acquired Volvo Cars from Ford Motor Company in 2010.[23]

* Volvo S90

* Volvo XC60

* Volvo XC90

#### Polestar

Main page: Company:Polestar

Polestar is owned 50.5% by Zhejiang Geely Holding Group (or associated entities) and 49.5% by Volvo Cars.[72] Polestar, a Swedish all-electric premium car brand, was previously part of Volvo Cars before being spun out into an independent entity.

* Polestar 2

* Polestar 3

* Polestar 4

#### Farizon

Yuan Cheng Auto (远程汽车) or Farizon Auto was formed in 2016 to focus on the development of commercial vehicles in China and has launched several long-range capable truck and bus solutions. The company raised over $300 million in a Pre-A Round in October 2022 led by GLP's investment arm Hidden Hill Capital,[73] and $600 million in a Series-A funding round in July 2023, led by Boyu Capital and Yuexiu Industrial Fund.[74] The factory was later acquired by the Chinese electric commercial vehicles company Yuan Cheng Auto, which in conjunction with Myoung Shin. The company plans to manufacture CKD-made electric trucks for the China market.[75]

Products include:

* Farizon E200 – medium-duty trucks[76]
* Farizon Fengrui E200S/ V5E – light trucks[77]
* Farizon E5 – electric cargo and panel vans[78]
* Farizon E5L – electric cargo and panel vans
* Farizon E6 – electric cargo and panel vans
* Farizon Xingxiang V – electric cargo and panel vans
* Farizon Fengrui F3E – electric truck
* Farizon FX – a pickup truck based on the Geely Boyue Pro SUV[79]

* Farizon E200

* Farizon E200S

* Farizon Xingzhi

* Farizon E5L

* Farizon E6

* Farizon Xingxiang

* Farizon FX

* A Farizon bus

Additionally, Farizon also has a sub-brand called Ouling (欧铃) selling gasoline-powered lower end micro trucks.

* Ouling Fengrui F3 (欧铃 锋锐 F3)  – single cab and crew cab micro truck

* Ouling Fengrui F3

#### Radar

Radar is Geely's upscale pick-up truck brand, with its name standing for Rational, Alone, Discovery, Accompany, and Romantic.

The brand's first vehicle, the Radar RD6, was unveiled in 2022.[80]

* Radar RD6

#### LEVC

The London Taxi Company, which was acquired by Zhejiang Geely Holding Group in 2013, changed its name to London Electric Vehicle Company (LEVC) in 2017 to reflect its new mission of developing and producing electric commercial vehicles. With a new factory in Ansty Park, near Coventry, it has begun production of a new generation of zero-emission-capable new taxi vehicle in late 2017.[81]

* LEVC TX

* LEVC VN5

#### Ji Yue / Jidu Auto

Main page: Company:Jidu Auto

Jidu Auto (集度), a joint venture between Geely and Baidu, intends to release a full portfolio of electric vehicles in different segments starting in 2022.[82] Jidu Auto is owned 55% by Baidu and 45% by Geely.

Ji Yue (极越) brand was established in August 2023, a second company between Geely and Baidu to reconstruct the partnership between the two companies.[83] The Ji Yue brand is 65% owned by Geely and 35% by Baidu which makes Ji Yue brand a subsidiary under Geely Group rather than a joint venture company like Jidu.[84] Due to the Chinese government's policies, Baidu as the controlling company of Jidu, cannot obtain the qualification to manufacture cars. The purpose of establishment of Ji Yue was to make Geely as the controlling company to solve the restriction of car manufacture qualification.[85] The Jidu Auto became a technology solution company to develop AI driving technology and will not be an independent car marque.[86]

With the new Ji Yue brand, the previous Jidu ROBO-01 was renamed as Ji Yue 01. The Ji Yue brand inherited the brand logo created by Jidu Auto.[87]

* Ji Yue 01

* Ji Yue 07

#### Proton

Main page: Company:Proton Holdings

Owned 49.9% by Zhejiang Geely Holding Group and 50.1% by DRB-Hicom and is managed by Geely Auto Group. Proton is the national car brand of Malaysia, established in the 1980s at the behest of the government and later reverted to private ownership under DRB-Hicom.[88]

The brand Proton, the national carmaker’s first-ever SUV Proton X70 based on first generation Geely Boyue has made its official launch debut in Malaysia on 12 December 2018.[89]

In July 2023, after the internal restructuring in Geely Group, the Proton brand was consolidated into the balance sheets of Geely Group.[90]

* Proton X50

* Proton X70

#### smart

Main page: Company:Smart (marque)

In 2020, Mercedes-Benz and Geely Holding formally established the smart brand as a global joint venture, targeting at producing zero-emission electric cars.[91] In 2022, the joint venture launched its first model Smart #1.

* Smart #1

* Smart #3

### Motorcycle Brands

#### Qianjiang Motorcycle

Qianjiang Motorcycle is one of the largest manufacturers of two-wheeled vehicles in China. Since September 2016, the majority shareholding (29.8%) of the company has been controlled by the Geely Group. The vehicles are sold under four brands: QJiang, QJMotor, Benelli, Keeway Motors and KSR Moto.

#### Benelli

Main page: Company:Benelli (motorcycles)

Benelli is a subsidiary that produces motorcycles and scooters. Design, development and marketing activities are carried out at the Benelli QJ headquarters in Pesaro, Italy, with production occurring in Wenling, China, for sale globally.

* Benelli TNT 300

### Discontinued brands and models

Geely has sold cars under at least three separate brands and may have continued to use the brand name of a purchased company for a short time. The Emgrand, Englon, and Gleagle names were phased out in 2014[92] alongside efforts to reduce sprawl,[93] and the Shanghai Maple brand name was discontinued in 2010 and revived in 2020.[94]

#### Emgrand

Main page: Company:Emgrand

Emgrand (Chinese: 帝豪; pinyin: Dìháo) was launched in 2009 as a medium- to high-end luxury brand.[95] In 2014, Emgrand ceased to be a stand-alone brand, and Emgrand became a sub-brand of Geely, which itself adopted an updated version of the Emgrand logo.

#### Englon

Launched in 2010 and replacing the Shanghai Maple brand,[94] the company claimed Englon (Chinese: 英伦; pinyin: yīng lún) emulated classic, British style, and its model line included a TX4 sold on the Chinese market.[96] Some of its cars were built by Geely subsidiary Shanghai LTI.[97] As Geely fully acquired The London Taxi Company in 2013, the emblem of Englon also became the new logo of The London Taxi Company.[97]

* Englon SC3
* Englon SC5-RV
* Englon SC6
* Englon SC7
* Englon SC7-RV
* Englon SX5
* Englon SX7
* Englon TX4

#### Gleagle

The former Gleagle logo can be seen on a Geely LC, which was also sold under that brand name.

Gleagle (Chinese: 全球鹰; pinyin: Quánqiú Yīng) was an entry-level brand.[98] Some Gleagle cars, such as the Gleagle Panda, were available for sale on the Internet in China via the Taobao Mall, a popular e-commerce site.[99][100] While Geely would deliver the car to the customer's address, buying one of the Panda models on offer did necessitate a trip to a traditional dealer.[101] This sub-brand was discontinued in 2015. Most products continued to be sold directly under the Geely brand.

#### Zhidou

Zhidou Auto or ZD Auto brand specialized in microcars. The brand was discontinued since 2021.

* Zhidou D2S

#### Geely Motorcycles

Geely also produced motorcycles since 1994 with its own subsidiary, Geely Ming Industrial Co., with the brand Jiming and Geely Motorcycle.

### Production facilities

Part of an assembly line at a Geely plant in Ningbo, Zhejiang, can be seen here.

Headquartered in Hangzhou, Zhejiang, Geely has production bases in Lanzhou, Gansu (completed in 2006, Geely construction in the region continued as of August 2010 either for expanding the existing facility or for a new semi-complete knock-down factory); Xiangtan, Hunan;[102] an unnamed location 40 minutes south of Shanghai;[103] Jinan, Shandong; and at Linhai, Luqiao, and Ningbo in Zhejiang.[27]

There are overseas factories assemble Geely models probably from semi-complete or complete knock-down kits.[citation needed] Such facilities are or have been located in Indonesia, Sri Lanka (in collaboration with Micro Cars),[104][105] Malaysia, Russia (assembly controlled by local firm Derways), Belarus (BelGee),[106] Azerbaijan (NAZ), Tunisia,[107] and Ukraine . These locations are not necessarily affiliated with or owned by Geely.

## International investments and holdings

Mercedes-Benz Group (9.69% stake)

* Li Shufu, the founder and chairman of Geely, acquired a 9.69% stake of Mercedes-Benz Group in February 2018, making it the company's largest single shareholder.[108]

Aston Martin (17% stake)

* In September 2022, Geely acquired a 7.6% stake in Aston Martin.[109][110][111]
* In May 2023, Geely increased its stake to 17%, becoming the third-largest shareholder after the Yew Tree consortium and the Saudi Arabia Public Investment Fund.[112][113][114]

Volvo Group (6.8% stake)

* In 2017, Geely acquired an 8.2% stake of Volvo AB, which is also about 15% of votes.[115][116]
* In January 2024, Geely announced to reduce its holdings in Volvo Group by 685 million USD. The stake has been lowered from 8.2% to 6.8%. Despite the reduction, Geely remains the second-largest shareholder in Volvo Group.[117]

Renault Korea Motors (34.02% stake)

* In 2022, Geely invested over US$200 million to acquire a 34.02% stake in a joint venture in South Korea between Renault and the Samsung Group. The company plans to produce vehicles based on the Geely's Compact Modular Architecture platform, initially intended for the Korean domestic market.[118]

Horse (50% stake)

* A joint venture between Renault and Geely, it is set to manufacture internal combustion engined (ICE) and hybrid powertrains for Renault, Nissan and Mitsubishi vehicle with Geely's technology.[119]

## Non-automotive businesses

### Geely Technology Group

* CAOCAO (曹操出行)– CAOCAO ride-hailing service was developed by Hangzhou YouXing Technology Company and majority owned by Zhejiang Geely Holding Group. It is the first Chinese new energy focused mobility service.
* Terrafugia – Terrafugia was founded in 2006 targeting at roadable aircraft. The company was acquired in full by Zhejiang Geely Holding Group in 2017.
* Zhejiang Qianjiang Motorcycle Group Co – Qianjiang Motorcycle (钱江摩托) was majority acquired by Zhejiang Geely Holding Group in 2016. The company is one of the largest producers of motorcycles in China and owns several renowned brands including Italy's Benelli. It is also known for its lithium battery technology.[120]
* Geespace plans to create a network of low earth orbit satellites that will send precise positioning information to self-driving cars.[121]

### Mitime Group

Mitime Group was established in 2004 and is affiliated to Zhejiang Geely Holding Group. It focuses on investment and operation management of higher education, sports, cultural tourism and other businesses. The group consists of three departments: Mitime Education, Mitime Sports and Mitime Cultural Tourism.[122]

* Mitime Education – ZGH has invested in establishing nine universities and colleges across China, including the Geely University of China (吉利学院), University of Sanya, Xiangtan Institute of Technology (湘潭理工学院), Sanya Institute of Technology (三亚职业理工学院), and Hunan Geely Automobile College (湖南吉利汽车技术职业学院). The wider group has over 40,000 students enrolled within its schools with the goal of developing Chinese automotive industry talents.
* Mitime Motorsports – Mitime constructs and operates race tracks for automobiles, motorcycles, and karts around the world. Mitime also organizes motorsport events such as China F4 Championship.
* Mitime Tourism – Mitime facilitates tourism and manages hospitality services around its tracks.

### Drivetrain Systems International

In 2009, Geely bought Drivetrain Systems International Pty Ltd,[123] a global transmission developer headquartered in Australia.

### Meizu

Main page: Software:Meizu

In June 2022, Geely acquired a majority stake of Meizu, a Chinese consumer electronics manufacturer based in Zhuhai, Guangdong.[124]

### Education institutes

* Beijing Geely University – a private university located in Beijing, founded by Geely
* Geely University of China – a private university located in Chengdu, founded by Geely
* University of Sanya – a private university located in Hainan, endowed by Geely

## Sales

### Dealer network in China

Geely refers to its dealer network as 4S stores and also sells some models online.[101] In 2014, it had a reported 900 retail outlets.[93]

### Markets

A Geely MK in Singapore. 770 Geely cars were on Singaporean roads in 2010.[125]

In addition to China, Geely vehicles have been sold in Argentina ,[126] Australia ,[127] Bahrain,[128] Brazil ,[129] Botswana, Burundi, Chile ,[130] Colombia,[131] Costa Rica,[132] Egypt,[133]Ethiopia, Indonesia,[134] Iran,[135] Kuwait, Libya, Mali, Malawi, Madagascar , Mozambique,[136] Nepal,[137] New Zealand,[138] Nicaragua, Nigeria,[139] Oman,[140] Pakistan , the Philippines ,[141] Romania,[142] Russia , Rwanda, Senegal,[143] Saudi Arabia,[144] South Africa ,[145] Suriname, Syria,[146] Taiwan,[147] Turkey,[148] Uganda, Ukraine ,[149] Uruguay,[150] and Venezuela.[151] In a number of markets, Geely vehicles are assembled in local factories from complete knock-down kits. Geely is also marketed in Lebanon, through the Rasamny Younes dealership network.

The Cuban government has purchased a considerable number of Geely vehicles, and they are used as police patrol cars[32] or tourist taxis throughout Havana.[152][153]

The Geely automobile brand was touted to be launched in the United Kingdom in late 2012.[154][155] However, this plan was not pursued and the official website has been offline since mid-2014.

In July 2020, a first showroom opened in Doha, Qatar.[156]

### Figures

In 2010, Geely brand surpassed its 400,000-vehicle sales target goal for the first time selling 415,286 cars[157] of its 680,000 units/year production capacity.[123]

Geely Auto Group (including Geely, Lynk & Co brand) reported annual sales of 1,500,838 units in 2018. That year marks the first time that Geely Auto had reached sales of 1.5 million units.[158]

Geely domestic sales in China, 2003–2020[159] Calendar year  | Sales  | Growth  | Market share

|
|
|

2003  | 73,779  | N/A  |  3.44%
2004  | 98,283  |  33.21%  |  3.99%
2005  | 143,279  |  45.78%  |  4.45%
2006  | 205,346  |  43.32%  |  4.89%
2007  | 219,512  |  6.90%  |  4.16%
2008  | 221,786  |  1.04%  |  4.08%
2009  | 329,018  |  48.35%  |  3.98%
2010  | 414,465  |  25.97%  |  3.70%
2011  | 432,752  |  4.41%  |  3.52%
2012  | 491,445  |  13.56%  |  3.72%
2013  | 549,393  |  11.79%  |  3.37%
2014  | 425,773  |  -22.50%  |  2.31%
2015  | 532,384  |  25.04%  |  2.64%
2016  | 778,896  |  46.30%  |  3.30%
2017  | 1,251,656  |  60.70%  |  5.16%
2018  | 1,382,119  |  10.42%  |  5.96%
2019  | 1,255,480  |  -9.16%  |  5.93%
2020  | 1,134,433  |  -9.50%  |  5.77%
Geely Group sales[160][161][162][163][164] Year  | Total  | Geely Auto  | Volvo Cars  | Geely Commercial  | Lotus | Radar  | Ji Yue | Smart[165] | Proton[166] | Zhidou

|
|
|
|
|
|
|
|
|
|

Geely  | Geometry  | Galaxy  | Livan/Maple  | Lynk & Co  | Zeekr  | Volvo | Polestar | LEVC  | Farizon
2010  | 425,194  | 425,194  | \-  | \-  | discontinued  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-
2011  | 857,006  | 452,161  | \-  | \-  | \-  | \-  | 404,735  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-
2012  | 905,083  | 527,918  | \-  | \-  | \-  | \-  | 377,165  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-
2013  | 979,691  | 617,484  | \-  | \-  | \-  | \-  | 362,207  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-
2014  | 878,818  | 499,165  | \-  | \-  | \-  | \-  | 379,653  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-  | \-
2015  | 1,025,287  | 578,517  | \-  | \-  | \-  | \-  | 421,374  | \-  | \-  |  | \-  | \-  | \-  | \-  | \-  | 25,395
2016  | 1,333,077  | 809,079  | \-  | \-  | \-  | \-  | 503,706  | \-  | \-  | 1,961  | \-  | \-  | \-  | \-  | \-  | 20,292
2017  | 1,938,057  | 1,273,837  | \-  | \-  | 6,012  | \-  | 536,905  | \-  | \-  | 6,228  | 1,600  | \-  | \-  | \-  | 70,991  | 42,484
2018  | 2,276,846  | 1,401,819  | \-  | \-  | 120,414  | \-  | 666,586  | \-  | 1,293  | 5,024  | 1,630  | \-  | \-  | \-  | 64,744  | 15,336
2019  | 2,194,145  | 1,245,168  | 12,662  | \-  | 128,066  | \-  | 694,831  | \-  | 2,507  | 7,313  | 1,320  | \-  | \-  | \-  | 100,183  | 2,095
2020  | 2,150,134  | 1,166,920  | 10,300  | \-  | 2,620  | 175,456  | \-  | 667,159  | 9,853  | 1,118  | 5,265  | 1,378  | \-  | \-  | \-  | 109,716  | 349
2021  | 2,189,409  | 1,046,186  | 55,320  | \-  | 4,945  | 220,516  | 6,007  | 698,693  | 21,940  | 392  | 18,980  | 1,710  | \-  | \-  | \-  | 114,708  | 12
2022  | 2,312,613  | 975,391  | 149,389  | \-  | 56,140  | 180,127  | 71,941  | 615,121  | 51,500  | 2,508  | 59,211  | 641  | undisclosed  | \-  | 9,212  | 141,432  | discontinued
2023  |  | 1,034,737  | 191,346  | 83,497  | 38,001  | 220,250  | 118,685  | 708,716  | 54,600  |  | 84,312  |  |  | 774  |  | 154,611

## Controversies

The 2009 Geely GE concept received criticism for looking like a Rolls-Royce.[167]

An unsuccessful lawsuit was brought against the company in the early 2000s by Toyota, which claimed Geely had "implied in ads that some of the parts [used in Geely vehicles] were made by Toyota".[168] Geely may also have previously used a logo that resembled that of Toyota.[169]

## Anecdote

Geely is known for imbuing a sense of humor in the names of some of its vehicles. One of the Geely brand sedan is called the "King Kong" and its early model was named Uliou(Chinese: 优利欧, You Li Ou),[31] a play on words that literally means "better than the Tianjin Xiali (Chinese: 夏利, Xia Li) or the Buick Sail (Chinese: 赛欧, Sai Ou), two of its competitors.[170]

## See also

* List of automobile manufacturers of China
* Automotive industry in China

## References

1. ↑ "History 1986–now". http://global.geely.com/why_geely.php#viewIndex=4.
2. ↑ 2.0 2.1 2.2 2.3 2.4 "Annual Report 2020". Geely Automobile Holdings Limited. http://www.geelyauto.com.hk/core/files/financial/en/2020-02.pdf.
3. ↑ "The Group at a Glance". http://www.zgh.com/the-group-at-a-glance/.
4. ↑ "Volocopter announces joint venture with Geely subsidiary Aerofugia". 2021-09-22. https://www.electrive.com/2021/09/22/volocopter-announces-joint-venture-with-geely-subsidiary-aerofugia/.
5. ↑ Cathcart, Alan (2018-03-12). "Volvo owner Geely buys major stake in Benelli owner Qianjiang". https://riders.drivemag.com/news/volvo-owner-geely-buys-major-stake-in-benelli-owner-qianjiang/.
6. ↑ "Kinesiska staten storägare i Geely-bolag baserat i Göteborg" (in sv). 8 December 2021. http://www.mestmotor.se/automotorsport/artiklar/nyheter/20211208/kinesiska-staten-storagare-i-goteborgsbaserat-geely-bolag/.
7. ↑ Triches, Robert (2022-11-08). "170 varslas om uppsägning på Geelyägda Cevt" (in sv). https://www.di.se/live/170-varslas-om-uppsagning-pa-geelyagda-cevt/.
8. ↑ 8.0 8.1 Anthony Lim (2017-05-24). "DRB-Hicom to sell Lotus in its entirety for £100 million – Geely to acquire 51%, Etika Automotive to buy 49%". Driven Communications. https://paultan.org/2017/05/24/drb-hicom-to-sell-lotus-in-its-entirety-for-100-million-geely-to-acquire-51-etika-automotive-to-buy-49/.
9. ↑ 9.0 9.1 Gerard Lye (24 May 2017). "Geely to acquire 49.9% stake in Proton, 51% in Lotus – definitive agreement to be signed before end of July". Driven Communications. https://paultan.org/2017/05/24/geely-to-acquire-49-9-percent-stake-in-proton-51-percent-in-lotus/.
10. ↑ Norihiko Shirouzu, Heekyong Yang (2022-05-10). "China's Geely buys stake in Renault Korea, eyeing US exports". https://www.reuters.com/business/autos-transportation/chinas-geely-buy-34-stake-renault-korea-207-mln-2022-05-09/.
11. ↑ "Geely buys stake in Renault Korea, eyeing U.S. exports". 2022-05-10. https://europe.autonews.com/automakers/geely-buys-stake-renault-korea-eyeing-us-exports.
12. ↑ "Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars". 2020-01-08. https://www.reuters.com/article/us-geely-daimler-jv-idUSKBN1Z7162.
13. ↑ CAR magazine (2019-03-28). "It's official: Geely buys 50 percent of Smart from Daimler". https://www.carmag.co.za/news/industry-news/its-official-geely-buys-50-percent-of-smart-from-daimler/.
14. ↑ 14.0 14.1 "Nordic Credit Outlook". S&P Global Ratings. December 2021. p. 34. https://www.spglobal.com/_assets/documents/ratings/research/100817950.pdf.
15. ↑ Hawkins, Andrew J. (2021-09-27). "Electric car company Polestar is going public via SPAC". https://www.theverge.com/2021/9/27/22696139/polestar-spac-public-value-ev-startup-volvo-geely.
16. ↑ Julie Zhu, Scott Murdoch (2022-12-12). "Exclusive: Zeekr, a premium Geely electric car brand, seeks over $1 billion in U.S. IPO - sources". https://www.reuters.com/business/autos-transportation/geelys-premium-electric-car-brand-zeekr-seeks-over-1-billion-us-ipo-sources-2022-12-12/.
17. ↑ "2016 nián nián dù bào gào" (in zh-cn). Geely Holding. 28 April 2017. https://www.shclearing.com/xxpl/cwbg/nb/201704/t20170428_254292.html.
18. ↑ "Geely's Li Shufu is betting billions on global push" (in en-US). Yahoo! Finance. 26 February 2018. https://finance.yahoo.com/news/geelys-li-shufu-betting-billions-global-push-121728960--finance.html.
19. ↑ Tan, Danny (21 January 2022). "Geely group sales exceed 2.2m units in 2021, up 5%". https://paultan.org/2022/01/21/geely-group-sales-exceed-2-2m-units-in-2021-up-5/.
20. ↑ "Geely Auto Holdings Jan. BEV sales skyrocket 641% YoY". https://autonews.gasgoo.com/china_news/70019702.html.
21. ↑ "Aston Martin Attracts Chinese Carmaker Geely as Shareholder". Bloomberg.com. 30 September 2022. https://www.bloomberg.com/news/articles/2022-09-30/china-s-geely-buys-7-6-stake-in-luxury-carmaker-aston-martin.
22. ↑ 22.0 22.1 22.2 "SPECIAL REPORT-Saving Volvo:Geely buys brand and management test". Reuters. 2010-07-22. https://www.reuters.com/article/idUSSGE66M02920100723.
23. ↑ 23.0 23.1 "For Volvo, a New Life Under Chinese". Dow Jones & Company Inc.. March 29, 2010. https://www.wsj.com/articles/SB10001424052702303429804575149532920190158/.
24. ↑ Murphy, Colum; Sonne, Paul (2013-02-01). "Geely Buys Maker of London Cabs". The Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/SB10001424127887323701904578277463428415482.
25. ↑ 25.0 25.1 Eusoff, Neily Syafiqah (September 29, 2017). "China's Geely to hold Proton and Lotus shares, says DRB-Hicom". The Edge Markets. http://www.theedgemarkets.com/article/chinas-geely-hold-proton-and-lotus-shares-says-drbhicom.
26. ↑ "The Group at a Glance" (in en-US). http://www.zgh.com/the-group-at-a-glance.
27. ↑ 27.0 27.1 27.2 "About Geely". Geely. http://www.geely.com/global/about_geely/about_geely.html.
28. ↑ "Geely Automobile to join Hang Seng Index, Li & Fung to be removed". Reuters. 2017-02-10. https://www.reuters.com/article/hangseng-review-idUSH9N1E400P.
29. ↑ "从1.0-4.0时代 吉利汽车"归零"开始". https://www.sohu.com/a/www.sohu.com/a/400,732,378_120008039.
30. ↑ "聊一聊吉利3.0时代". https://www.sohu.com/a/www.sohu.com/a/84,355,473_113658.
31. ↑ 31.0 31.1 31.2 McGregor, R. (April 2002) "Geely gears up china's first home-grown car" Financial Times
32. ↑ 32.0 32.1 "China's lucky man bags Volvo". The Economist. 2010-08-05. https://www.economist.com/node/16750095?story_id=16750095&CFID=152275665&CFTOKEN=56924159.
33. ↑ "Geely Automobiles". Al Hashar Group of Companies. http://www.alhashargroup.com/auto/geely_index.asp.
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35. ↑ "China's Geely debuts at Frankfurt car show". 2005-09-13. http://english.people.com.cn/200509/14/eng20050914_208398.html.
36. ↑ "Ford set to offload Volvo to Chinese carmaker Zhejiang Geely". The Guardian. 2009-10-28. https://www.theguardian.com/business/2009/oct/28/volvo-ford-geely-china-car.
37. ↑ "Ford reaches agreement to sell Volvo Cars and related assets to Geely". Ford Motor Company. 2010-03-28. http://media.ford.com/article_display.cfm?article_id=32294.
38. ↑ "Geely Automobile last year net profit of 1.368 billion yuan year-on-year increase of 16%". China Association of Automobile Manufacturers. March 28, 2011. http://www.caam.org.cn/qiyexinwen/20110328/1605053871.html.
39. ↑ "China Car Market 101: Who Makes All Those 18 Million Cars?" (in en-US). 2011-01-19. https://www.thetruthaboutcars.com/2011/01/china-car-market-101-who-makes-all-those-18-million-cars/.
40. ↑ Leung, Alison (November 12, 2010). "China Geely on track to meet target". Reuters. https://www.reuters.com/article/us-summit-auto-geely-idUSTRE6AA12Z20101112.
41. ↑ "Geely cars to be sold in the UK". 2011-12-05. https://www.telegraph.co.uk/motoring/news/8935912/Geely-cars-to-be-sold-in-the-UK.html.
42. ↑ "Geely to come to UK in 2012". What Car?. 2011-12-05. http://www.whatcar.com/car-news/geely-to-come-to-uk-in-2012/260372.
43. ↑ "Geely to launch in Italy in 2012". China Car Times. 2012-01-03. http://www.chinacartimes.com/2012/01/03/geely-launch-italy-2012/.
44. ↑ Macfarlane, Alec (24 May 2017). "Lotus has been purchased by Chinese automaker Geely". CNN Money. https://money.cnn.com/2017/05/24/autos/lotus-geely-china-proton/index.html.
45. ↑ Intan Farhana Zainul, Izwan Idris (2017-05-25). "Chinese carmaker's partnership with Proton to create more job opportunities". Malaysia. http://www.thestar.com.my/news/nation/2017/05/25/geely-to-make-malaysia-its-global-hub-proton-now-on-firm-footing-proton-now-on-firm-footing-chinese/.
46. ↑ Grady, Mary (5 July 2017). "Report: Terrafugia Sold To Chinese Conglomerate". AVweb. https://www.avweb.com/avwebflash/news/Report-Terrafugia-Sold-To-Chinese-Conglomerate-229244-1.html.
47. ↑ "Zhejiang Geely Holding Group completes acquisition of Terrafugia, Inc." (in en-US). https://www.terrafugia.com/zhejiang-geely-holding-group-completes-acquisition-of-terrafugia-inc/.
48. ↑ 48.0 48.1 Richard Milne (27 December 2017). "China's Geely takes €3.25bn stake in truckmaker Volvo Group". Financial Times. https://www.ft.com/content/98035c38-eadd-11e7-bd17-521324c81e23/.
49. ↑ "China's Geely Buys $9 Billion Daimler Stake" (in en). Bloomberg L.P.. 2018-02-23. https://www.bloomberg.com/news/articles/2018-02-23/china-s-geely-is-said-to-be-buying-9-billion-stake-in-daimler.
50. ↑ "Chinese Auto Giant Invests in Flying-Car Startup Volocopter" (in en). Bloomberg L.P.. 2019-09-09. https://www.bloomberg.com/news/articles/2019-09-09/china-s-geely-invests-in-flying-car-startup-volocopter.
51. ↑ "华菱星马三度易主终如愿，但吉利要的不仅是"一辆重卡"" (in zh). 24 July 2020. https://finance.sina.cn/2020-07-24/detail-iivhuipn4902223.d.html?from=wap.
52. ↑ Campbell, Peter (23 September 2020). "Content". Financial Times. https://www.ft.com/content/90fb01fc-e837-4a3c-a885-f18b63add71e.
53. ↑ "Chinese search giant Baidu to make electric cars" (in en). The Verge. 7 January 2021. https://www.theverge.com/2021/1/7/22218903/china-baidu-geely-electric-cars-partnership-tech.
54. ↑ Baldwin, Roberto (11 January 2021). "Geely to Partner with Chinese Tech Giant Baidu to Build Smart EVs" (in en-US). https://www.caranddriver.com/news/a35181624/geely-baidu-partnership-electric-vehicles-announced/.
55. ↑ Kang, Lei (2023-10-24). "Zeekr sees 1st production cars of Zeekr 001 FR electric supercar roll off line, official launch set for Oct 27" (in en-US). https://cnevpost.com/2023/10/24/zeekr-1st-production-cars-of-001-fr-off-line/.
56. ↑ "Renault partners Geely in China, South Korea". Automotive News Europe. 9 August 2021. https://europe.autonews.com/automakers/renault-partners-geely-china-south-korea.
57. ↑ "Renault Samsung to produce green cars developed by Renault Group and Geely". businesskorea.co.kr. http://www.businesskorea.co.kr/news/articleView.html?idxno=86712.
58. ↑ "Renault will use Geely's CMA platform for (some of) its future cars". topspeed.com. https://www.topspeed.com/cars/car-news/renault-will-use-geely-s-cma-platform-for-some-of-its-future-cars-ar194421.html.
59. ↑ Nouvelle, L'Usine (21 January 2022). "Renault conclut son alliance avec Geely pour redresser ses ventes en Corée du Sud" (in French). L'Usine Nouvelle. https://www.usinenouvelle.com/article/renault-conclut-son-alliance-avec-geely-pour-redresser-ses-ventes-en-coree-du-sud.N1776432. Retrieved 22 January 2022.
60. ↑ "Geely Automobile Holdings to acquire 34.02% of the shares of Renault Korea Motors" (Press release). Renault. 10 May 2022. Retrieved 10 May 2022.
61. ↑ Leggett, David (10 May 2022). "Geely to acquire 34% of Renault Korea Motors". Just-auto.com. https://www.just-auto.com/dashboard/deals/geely-to-acquire-34-of-renault-korea-motors/.
62. ↑ Brodie, James (8 November 2022). "Renault launches Ampere electric car business unit and Geely ICE joint-venture". AutoExpress. https://www.autoexpress.co.uk/renault/359152/renault-launches-ampere-electric-car-business-unit-and-geely-ice-joint-venture.
63. ↑ "Geely and Renault Group sign framework agreement to create leading powertrain technology company" (Press release). Renault. 8 November 2022. Retrieved 8 November 2022.
64. ↑ "BRIEF-Aramco Signs Letter of Intent with Geely and Renault Group for New Powertrain Company" (in en). Reuters. 2023-03-02. https://www.reuters.com/article/brief-aramco-signs-letter-of-intent-with-idUSFWN359588.
65. ↑ Pandaily (2023-01-19). "Geely Unveils Plan for Launch of New Cars in 2023" (in en-US). https://pandaily.com/geely-unveils-plan-for-launch-of-new-cars-in-2023/.
66. ↑ Kang, Lei (2023-06-01). "Geely Galaxy launches 1st model L7 to gain share in hybrid market" (in en-US). https://cnevpost.com/2023/06/01/geely-galaxy-launches-1st-model-l7/.
67. ↑ "Geely Auto launches new premium electrified product series: Geely Galaxy". https://www.greencarcongress.com/2023/02/20230227-geely.html.
68. ↑ "Our Business – Zhejiang Geely Holding Group" (in en-US). http://zgh.com/our-business/?lang=en.
69. ↑ "Volvo Cars and Geely agree on technology sharing and the formation of LYNK & CO". Volvo Car Corporation. August 4, 2017. https://www.media.volvocars.com/global/en-gb/media/pressreleases/211440/volvo-cars-and-geely-agree-on-technology-sharing-and-the-formation-of-lynk-and-co.
70. ↑ "Error: no `|title=` specified when using {{Cite web}}" (in zh). Geely Holding Group. http://www.geely.com/brands/sma/brand/.Error:+no+`|title=`+specified when+using+{{[[Template:Cite+web|Cite+web]]}}&rft.atitle=&rft.pub=Geely+Holding+Group&rft_id=http://www.geely.com/brands/sma/brand/&rfr_id=info:sid/en.wikibooks.org:Company:Geely">
71. ↑ Horrell, Paul (24 May 2017). "Chinese car giant Geely has bought Lotus". https://www.topgear.com/car-news/chinese-car-giant-geely-has-bought-lotus.
72. ↑ "Volvo Cars increases shareholding in Polestar to 49.5 per cent". Volvo Car Corporation. July 12, 2021. https://www.media.volvocars.com/global/en-gb/media/pressreleases/285170/volvo-cars-increases-shareholding-in-polestar-to-495-per-cent.
73. ↑ "Chinese automaker Geely's new energy brand Farizon raises over $300 mln" (in en). Reuters. 2022-10-27. https://www.reuters.com/business/autos-transportation/chinese-automaker-geelys-new-energy-brand-farizon-raises-over-300-mln-2022-10-26/.
74. ↑ "Geely truck unit, Farizon, raises $600 million in funding round" (in en). Reuters. 2023-07-20. https://www.reuters.com/business/autos-transportation/geely-truck-unit-farizon-raises-600-million-funding-round-2023-07-20/.
75. ↑ "군산공장 인수한 명신, 4년 동안 생산은 전무" (in ko). Hankyong. 2023-06-01. https://www.hankyung.com/article/2023060132722.
76. ↑ "E200 Pure Electric Box-type Transport Vehicle-GCV". https://www.geelycv.com/en/cars/details/6.html.
77. ↑ "E200S (Pure Electric Box-type Transport Vehicle)-GCV". https://www.geelycv.com/en/cars/details/19.html.
78. ↑ "E5 (Pure Electric City Logistice Vehicle)-GCV". https://www.geelycv.com/en/cars/details/18.html.
79. ↑ "The Farizon FX Is Geely's Idea of Crossover Business in the Front and Pickup Party at the Back" (in en-US). 2020-09-25. https://www.carscoops.com/2020/09/the-farizon-fx-is-geelys-idea-of-crossover-business-in-the-front-and-pickup-party-at-the-back/.
80. ↑ "Geely's Radar RD6 EV Pickup Debuts In China Alongside New Outdoors Lifestyle Vehicle Brand". Carscoops. 2022-07-13. https://www.carscoops.com/2022/07/geelys-radar-rd6-ev-pickup-debuts-in-china-alongside-new-outdoors-lifestyle-vehicle-brand/.
81. ↑ For 2007 joint venture, see Tracey Tong, Angel YY Yeung (7 September 2007). "Geely Automobile Holdings Limited Announced Interim Results for the Six Months Ended 30 June 2007 Net Profit Declined by 32% to HKD82 million". Jovian Communications. Geely. http://www.geelyauto.com.hk/core/files/press-release/en/200791010413522.pdf.
* For 2013 purchase of company, see JONES, RHYS (1 February 2013). "China's Geely buys black cab maker Manganese Bronze". Reuters.com. http://uk.reuters.com/article/uk-manganesebronze-idUKBRE9100BW20130201.
82. ↑ "Jidu Auto to invest billions in electrification by 2026" (in en-US). 2021-04-27. https://www.electrive.com/2021/04/27/154085/.
83. ↑ 马清. "Geely, Baidu unveil new car brand Ji Yue". https://www.chinadaily.com.cn/a/202308/15/WS64db0929a31035260b81c3f1.html.
84. ↑ "从"集度"到"极越"｜百度吉利合作之路走向何方？". https://www.sohu.com/a/www.sohu.com/a/713,236,756_121787.
85. ↑ "Geely, Baidu Hitch Up on New EV Brand - Caixin Global" (in en). https://www.caixinglobal.com/2023-08-16/geely-baidu-hitch-up-on-new-ev-brand-102093786.html.
86. ↑ "百度吉利合作造车"集度"之后添"极越" 二者有何不同？ | 投中网". https://www.chinaventure.com.cn/news/110-20230816-376732.html.
87. ↑ "JI YUE – Zhejiang Geely Holding Group" (in en-US). https://zgh.com/jiyue/?lang=en.
88. ↑ Lye, Gerard (24 May 2017). "Geely to acquire 49.9% stake in Proton, 51% in Lotus – definitive agreement to be signed before end of July". https://paultan.org/2017/05/24/geely-to-acquire-49-9-percent-stake-in-proton-51-percent-in-lotus/.
89. ↑ Lee, Jonathan (12 December 2018). "Proton X70 SUV launched in Malaysia, from RM99,800". https://paultan.org/2018/12/12/proton-x70-suv-launched-in-malaysia-rm100k-124k/.
90. ↑ "Geely transfers Proton shares to another subsidiary to reduce 'connected transactions' - what is this about? - paultan.org" (in en-US). 2023-06-02. https://paultan.org/2023/06/02/geely-transfers-proton-shares-to-another-subsidiary-to-reduce-connected-transactions-what-is-this-about/.
91. ↑ "Mercedes-Benz and Geely Holding formally established global joint venture "smart Automobile Co., Ltd." for the smart brand" (in en). https://media.smart.com/mercedes-benz-and-geely-holding-formally-established-global-joint-venture-smart-automobile-co-ltd-for-the-smart-brand/.
92. ↑ Behrmann, Elisabeth (16 December 2014). "Volvo Cars Billionaire Owner Revamps Chinese Brand Geely". Bloomberg Business (Bloomberg LP). https://www.bloomberg.com/news/articles/2014-12-16/volvo-cars-billionaire-owner-revamps-chinese-brand-geely.
93. ↑ 93.0 93.1 Samuel Shen; Norihiko Shirouzu (18 April 2014). "China's Geely to consolidate branding, sales". Reuters.com. https://www.reuters.com/article/autoshow-china-geely-idUSL3N0N61EP20140418.
94. ↑ 94.0 94.1 "Englon brand to get major boost in 2011". China Car Times. 2010-11-29. http://www.chinacartimes.com/2010/11/29/englon-brand-to-get-major-boost-in-2011/.
95. ↑ "Geely Emgrand brand
--to build new image of automobile in China". Geely. 2009-07-28. http://www.geely.com/Brands/international/news/international_news/29224.html.
96. ↑ "The first user of Shanghai Englon TX4 came out into view in Shanghai Auto Show". Geely. http://www.geely.com/Brands/international/news/international_news/28824.html.
97. ↑ 97.0 97.1 "Geely Releases All-New Englon SC5-RV Subcompact". http://chinaautoweb.com/2010/11/geely-releases-all-new-englon-sc5-rv-subcompact-2/.
98. ↑ "Short Torque". China Daily. 2010-12-06. http://www.chinadaily.com.cn/cndy/2010-12/06/content_11654942.htm.
99. ↑ "China's Geely opens online car store on Taobao". Reuters. 2010-12-06. https://www.reuters.com/article/geely-taobao-idUSTOE6B505I20101206.
100. ↑ "China's Geely now selling cars online". China Daily. 2010-12-07. http://www.chinadaily.com.cn/bizchina/2010-12/07/content_11663351.htm.
101. ↑ 101.0 101.1 "Geely nets online store". China Daily. 2010-12-08. http://www.chinadaily.com.cn/bizchina/2010-12/08/content_11670643.htm.
102. ↑ "Zhou Tienong inspects Geely's Xiangtan plant". Geely. 2010-06-10. http://www.geely.com/news/global/mediacentre/pressreleases/31579.html.
103. ↑ "Shanghaied: Things are going awry for foreign carmakers in China". The Economist. 2005-04-21. https://www.economist.com/node/3899068.
104. ↑ "Handing over 1st Batch of PANDAs to customers". Micro Cars. 2011-02-28. http://www.microcars.lk/News20110226.html.
105. ↑ "New Micro Sedan from GEELY". Micro Cars. 2010-04-30. http://www.microcars.lk/News3004.html.
106. ↑ "First "Atlas" from BELGEE Plant Roll Off Assembly Line". Geely Global. 2017-11-17. http://global.geely.com/2017/11/17/first-atlas-from-belgee-plant-roll-off-assembly-line/.
107. ↑ Actuoto – Découverte: Inauguration de l'usine Geely à Sousse مصنع تركيب جيلي تونس, 2018-10-14, https://www.youtube.com/watch?v=SkfHj8MGzqA, retrieved 2019-03-23
108. ↑ "Shareholder Structure" (in en). https://group.mercedes-benz.com/investors/share/shareholder-structure/.
109. ↑ "Breaking: Geely acquires 7.6% stake in Aston Martin". 30 September 2022. https://www.autocar.co.uk/car-news/business-finance-and-corporate/breaking-geely-acquires-76-stake-aston-martin.
110. ↑ "Geely takes stake in Aston Martin". 30 September 2022. https://europe.autonews.com/automakers/geely-takes-stake-aston-martin.
111. ↑ "China's Geely buys 7.6% stake in Aston Martin Lagonda". 30 September 2022. https://abcnews.go.com/International/wireStory/chinas-geely-buys-76-stake-aston-martin-lagonda-90757391.
112. ↑ "Geely doubles stake in Aston Martin to 17%". 18 May 2023. https://www.ft.com/content/c02a9658-106e-4e71-b181-381b7ec935a3.
113. ↑ "Aston Martin stock soars as China's Geely to become no.3 shareholder". 18 May 2023. https://www.reuters.com/business/autos-transportation/chinas-geely-invest-295-mln-aston-martin-2023-05-18/.
114. ↑ "Geely doubles stake in Aston Martin". 18 May 2023. https://europe.autonews.com/automakers/geely-ups-aston-martin-stake-17-third-largest-shareholder.
115. ↑ "China's Geely completes deal to buy AB Volvo stake" (in en). Reuters. 2018-06-18. https://www.reuters.com/article/us-geely-ab-volvo-purchase-idUSKBN1JE1WA.
116. ↑ Wee, Sui-Lee (2017-12-27). "Geely Buys Stake in Volvo Trucks, Despite China Restrictions" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2017/12/27/business/dealbook/china-volvo-geely.html.
117. ↑ "吉利减持沃尔沃集团近6.8亿美元股份". https://auto.gasgoo.com/newsflash/202401/11I224386.shtml.
118. ↑ "Geely signs deal to buy 34% of Renault's South Korea business" (in en-GB). https://asia.nikkei.com/Business/Business-deals/Geely-signs-deal-to-buy-34-of-Renault-s-South-Korea-business.
119. ↑ "HORSE, new leading powertrain technology company is now fully operational and ready to reinvent combustion". May 7, 2023. https://media.renaultgroup.com/horse-new-leading-powertrain-technology-company-is-now-fully-operational-and-ready-to-reinvent-combustion/.
120. ↑ "Qianjiang Motorcycle: Always call "call"". finance.china. July 20, 2016. http://finance.china.com.cn/roll/20160720/3818975.shtml.
121. ↑ "China's Geely Builds Satellites To Guide Autonomous Vehicles". News.satnews.com. October 4, 2021. https://news.satnews.com/2021/10/04/chinas-geely-builds-satellites-to-guide-autonomous-vehicles/.
122. ↑ "Mitime Group – 吉利控股集团官网" (in zh-hans). https://zgh.com/our-brands/mitime-group/?lang=en.
123. ↑ 123.0 123.1 "China Geely on track to meet target". Reuters. 2010-11-12. https://www.reuters.com/article/us-summit-auto-geely-idUSTRE6AA12Z20101112.
124. ↑ Liao, Rita (2022-07-05). "Founder of auto giant Geely buys Meizu" (in en-US). https://techcrunch.com/2022/07/04/geely-meizu-acquisition/.
125. ↑ "Total Car Population By Make". lta.gov.sg. http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/MVP01-6_Cars_by_make.pdf.
126. ↑ "Apuntes del lanzamiento de Geely Argentina". Autoblog Argentina. 2016-12-13. http://autoblog.com.ar/2016/12/13/apuntes-del-lanzamiento-de-geely-argentina/.
127. ↑ "Geely MK now Australia's cheapest car". The Sunday Times. 2011-01-05. http://www.carsguide.com.au/news-and-reviews/car-news/geelymk_australias_cheapest_car.
128. ↑ "Mannai Motors is a Bahraini Establishment specialized in trading in Automobiles". Mannai Motors. http://www.mannaimotors.com/geely.htm.
129. ↑ "Geely Motors do Brasil". http://www.geelymotorsdobrasil.com.br/.
130. ↑ "Geely's Boundless Care for Earthquake-hit Chile". Geely. http://www.geely.com/Brands/international/news/international_news/31207.html.
131. ↑ "Geely Colombia". Geely Colombia. http://www.geely.com.co//.
132. ↑ "Geely Costa Rica". Dragon Motors Costa Rica. http://www.geely.cr/.
133. ↑ "Geely Egypt". http://www.geely-egypt.com/About.aspx.
134. ↑ "Geely Indonesia". http://www.geely.co.id/index.php/home.
135. ↑ "Geely". Al Khayyat Motors Group. http://www.khayyatgroup.com.jo/Geely.htm.
136. ↑ Kuwait Automotive Imports Company :Geely – The Global Car From China Now in Kuwait
137. ↑ "Geely Nepal". Saakha & Universal Automobiles Pvt Ltd. http://www.geely.com.np/.
138. ↑ "Geely NZ". Geely New Zealand. http://www.geely.co.nz/.
139. ↑ "Beijing Auto Show is Geely's Strategic Point of Blow-out". Geely. http://www.geely.com/Brands/international/news/international_news/25772.html.
140. ↑ "Geely Automobiles". Al Hashar Group. http://www.alhashargroup.com/auto/geely_index.asp.
141. ↑ "Geely Auto Officially Launches in the Philippines with Crossover SUV, Geely Coolray". http://global.geely.com/media-center/news/geely-auto-officially-launches-in-the-philippines-with-crossover-suv-geely-coolray/.
142. ↑ "Geely Automobile Romania". http://www.geelyromania.ro/.
143. ↑ "Geely's CKD Assembling of MK Launches in Russia". Geely. http://www.geely.com/Brands/international/news/international_news/30263.html.
144. ↑ "Haji Husein Alireza & Co. Ltd.". http://www.hha.com.sa/geely/.
145. ↑ "Geely SA". Geely South Africa. http://www.geelysa.co.za/.
146. ↑ "GEELY Awarded as "Best China's Automobile Brand in the Syrian Market"". Geely. 2009-07-30. http://www.geely.com/Brands/international/news/international_news/29332.html.
147. ↑ "Tobe M'car Makes a Splash in Taibei". Geely. http://www.geely.com/Brands/international/news/international_news/30261.html.
148. ↑ "Turkey Welcomes Geely's Manufacturing". Geely. http://www.geely.com/Brands/international/news/international_news/32263.html.
149. ↑ "Geely Украина" (in ru). AIS Group. http://www.geely.ua/.
150. ↑ "Geely – Gruppo Fiancar". http://www.geely.com.uy/.
151. ↑ "Geely de Venezuela". http://www.geely.com.ve/livecms/index.php.
152. ↑ ""Geely" Prevails in Cuba's Street". Geely. 2010-02-06. http://www.geely.com/Brands/international/news/international_news/30264.html.
153. ↑ "Geely car models three large-scale exports of Cuban exports". Agile News. 2011-10-25. http://www.agile-news.com/news-181176-Photo:-Geely-car-models-three-large-scale-exports-of-Cuban-exports.html.
154. ↑ "Geely Auto". http://www.geelyauto.co.uk:80/. "Geely vehicles will be launched into the UK late 2012"
155. ↑ "Chinese car maker Geely to launch in UK in 2012". https://www.carmagazine.co.uk/car-news/first-official-pictures/geely/chinese-car-maker-geely-to-launch-in-uk-in-2012/.
156. ↑ "Watch Geely Auto virtual launch in Qatar!" (in en). https://www.iloveqatar.net/news/business/jaidah-group-announces-partnership-with-geely-auto.
157. ↑ Leung, Alison (2011-01-11). "UPDATE 1-Geely shares up after 2010 sales beat target". in Lewis, Chris. https://www.reuters.com/article/geely-stock-idUSTOE70B04420110112.
158. ↑ Chan, Tony. "Geely Auto 2018 Sales Reach 1.5 Million Units, Increasing Over 20% From Previous Year" (in en-US). http://global.geely.com/media-center/news/geely-auto-2018-sales-reach-1-5-million-units-increasing-over-20-from-previous-year/.
159. ↑ "Geely China Sales Figures" (in en-US). 2015-03-08. https://carsalesbase.com/china-geely/.
160. ↑ "MarkLines Co., Ltd.". https://www.marklines.com/.
161. ↑ "新聞". http://www.geelyauto.com.hk/tc/press_release.html.
162. ↑ "Lotus". https://www.autozine.org/Manufacturer/UK/Lotus.html.
163. ↑ "About Volvo - Sales Volumes - Volvo Cars Global Media Newsroom". https://www.media.volvocars.com/global/en-gb/corporate/sales-volumes?year=2023&month=12.
164. ↑ "极越汽车销量查询，极越汽车销量排名，极越汽车历史销量查询 - 车主之家". https://xl.16888.com/f/130049/.
165. ↑ Geely model only. Since Geely's acquisition of Smart in 2022, the sales of smart Fortwo/Forfour are accounted for under the Mercedes-Benz Group, while smart #1 and smart #3 are included in the Geely.
166. ↑ Consolidated into Geely's balance sheet since 2018
167. ↑ "Geely says Rolls-Royce's copy claims are baseless" (in en). 24 April 2009. https://www.motorauthority.com/news/1032983_geely-says-rolls-royces-copy-claims-are-baseless.
168. ↑ Fairclough, G. (2006, Nov 07). "Bumper crop: As barriers fall in auto business, china jumps in; Geely aims to be world player, but quality woes linger; cars a new commodity?; 'copycat' accusations fly." The Wall Street Journal.
169. ↑ JAMES MACKINTOSH AND, R. M. (2003). "Carmakers gamble on China". Financial Times.
170. ↑ "The Little Car Company That Can?". BloombergBusinessweek. June 16, 2002. http://www.businessweek.com/stories/2002-06-16/the-little-car-company-that-can. "Please note that the Xiali is based on a Daihatsu Charade, so while this article refers to a "Toyota Charade" they really mean the Chinese-market version of the Daihatsu Charade, which was popular in China"

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