Geely (officially Zhejiang Geely Holding Group Co., Ltd) is a privately held
global automotive group headquartered in Hangzhou, Zhejiang province. The group
was established in 1986 and entered the automotive industry in 1997 with its
Geely Auto brand. It sells passenger vehicles under the Geely Auto, Lotus, Lynk
& Co, PROTON, and Volvo personal and commercial vehicles as well as commercial
only vehicles under the London EV Company and Yuan Cheng Auto brands. The group
sold over 1.5 million cars in 2018.
Geely Group has been manufacturing its own cars before it owned the Swedish passenger car maker Volvo Cars since 2010, when it acquired the company from Ford. It completed the acquisition of British taxi maker The London Electric Vehicle Company in 2013, and acquired a majority stake in British sports carmaker Lotus Cars in 2017.
ZGH business is divided into five sub-groups: Geely Auto Group which includes the brands Geely Auto, Lynk & Co, PROTON, 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; Geely Group (New Business) which includes the brands Caocao, Terrafugia, Qianjiang Motorcycles, Joma, and other new businesses; and Mitime Group which includes ZGH educational institutions, motorsports business, and tourism business. ZGH has global operations spanning the automotive value chain, from research, development and design to production, sales and service.
Geely Automobile Holdings Ltd (Chinese: 吉利汽车; pinyin: Jílì Qìchē) (SEHK: 175), a subsidiary of Geely, is listed on the Hong Kong Stock Exchange. On 13 February 2017, it became a constituent of the Hang Seng Index.