Our History

OUR STORY

Our story began in Zhejiang, China in 1986. We soon became the first privately-owned Chinese automaker.

From our very first car off the line, we’ve been upholding three core principles of providing the highest value to the users, delivering high-quality products and experiences, and constant innovation in technology, safety and design, with a mission of making mobility inclusive.

In the years since, we’ve expanded across the globe, and each step in our journey has brought us closer to more inclusive mobility, a high-value ecosystem that enables people to see the world in full.

HOW DID WE GET HERE?

Our history tells the story of the four drivers that have brought our brand to this extraordinary moment.

  • Geely Automobile Holdings to Acquire 34.02% of the Shares of Renault Korea Motors

  • Geely Holding 11th Year on Fortune Global 500

  • Geely Holding 11th Year on Fortune Global 500

    Zhejiang Geely Holding Group was listed in the 2022 Fortune Global 500 for the 11th consecutive year with a ranking of 229th after its last year revenues reached US$55.86 billion.

  • Geely Officially Joins Global Automotive Quality Standards Organization IATF

  • Commercial Production Commences at Geely Intelligent Satellite Production and Testing Centre

  • Geely Auto Launches “Leishen” Global Powertrain Brand, a new leading intelligent high-efficiency powertrain solutions provider

  • Mercedes-Benz and Geely Holding Formally Establish Its Global Joint Venture “smart Automobile Co., Ltd.” For the smart Brand

  • Lynk&Co Cyan Racing Team Win Team Championship at WTRC for 3 Consecutive Years

  • Geely Holding Group and Li Shufu Charity Foundation Establishes 200 Million RMB Fund for Coronavirus Epidemic Prevention and Control.

  • Geely Builds Presencein Satellite Industry with New Plants and Testing Center

  • Geely Holding Launches Open-Source Electric Vehicle Architecture, SEA (Sustainable Experience Architecure)

  • Geely Auto successfully surpassed 10 million units in global sales in 2020

  • Geely and Daimler Form Global Joint Venture to Develop smart

    Daimler AG and Geely Holding Group announcedthe formation of 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of the small urban vehicles, as a leader in premium-electrified vehicles.

  • Geely Auto Group Signed an Agreement to Become an Official Partner of the 2022 Asian Games in Hangzhou

    Geely Auto Group signed an agreement with Aisian Games organizing committee to become an official partner of the 19th Aisian Games held in Hangzhou in 2022. Geely will participate in the Aisian Games under the slogan of “Enjoy E-mobility @ the Asian Games with Geely.

  • Volocopter Announces First-closing of Series C Funding

    Volocopter, the Urban Air Mobility pioneer, announced that it signed the first closing of its Series C funding round, which is led by Geely Holding Group and Daimler Ag with each party holding a 10% stake in the company

  • Geely launches Compact Modular Architecture (CMA), marking the brand’s entry into its 4.0 “Advanced Geely” products era.

  • Geely Holding Group Chairman Eric Li Purchases Stake in Daimler AG

    Geely Group, a company owned by Chairman Eric Li and managed by Zhejiang Geely Holding Group announced it had acquired a 9.7% stake in Daimler AG through open market purchases of shares.

  • Geely and Daimler Mobility Services Announce Plans to Form a Joint Venture Mobility Services Company in China

    Daimler Mobility Services and Geely Technology Group, announced that they will form a premium ride-hailing joint venture in China.

  • Geely Auto unveils BMA, a new modular architecture for B-Segment compact cars.

  • Geely Acquires Majority Stake in Saxo Bank

    Geely completed the acquisition of a controlling 52% stake in Saxo Bank, the leading fintech specialist provider of multi-asset trading and investing.

  • Geely Forms Strategic Partnership with Proton and Acquires Lotus

    Geely signed an agreement to acquirea 49.9% stake in Malaysian automaker PROTON and acquire a 51% contronlling stake in luxuray sports car brand Lotus from DRB-HICOM Berhad of Malysia.

  • Geely Acquires American Flying Car Company Terrafugia

    Geely Holding Group announces it had entered into an agreement with Terrafugia Inc, a US-based company focused on the innovation, engineering and production of flying cars and technologies, to acquire its operations and assets in their entirely.

  • Geely Acquires Strategic Stakes in AB Volvo

    Geely announced they would become largest holder of share capital in Sweden’s leading commercial vehicles and industrial engineering group, Volvo AB after acquiring Cevian Capital’s entire 8.2% share capital holding and 15.6% voting rights in the company.

  • Geely Auto Announce New Brand Positioning

    Geely Auo officially showcased their flagship BoRui sedan, announced its new brand positioning and officially tie up with the Chinese Olympic Swimming Team. The new brand mission is “Making Refined Cars for Everyone”.

  • Geely Holding Group Enters into the Fortune 500 list

    Geely Holding Group was listed as a Fortune 500 company for the first time.

  • Geely Holding Acquires Volvo Car Corporation.

    Geely Holding Group acquired 100% of the shares of Volvo Car Corporation from the Ford Motor Company. The agreement was signed on 28 March 2010 and the transaction was completed 2 August 2010.

  • Geely Holding Group Establishes a Joint Venture with London Taxi International

    Geely Holding Group purchased a 19.97% stake in Manganese Bronze Holdings (the manufacturer and owner of the classic LondonTaxi), becoming the largest shareholder of company. After the equity acquisition, Geely Holding Group established the a joint venture company to produce and sell the classic London taxi in China.

  • Geely Auto Listed on the Hong Kong Stock Exchange

    Geely Auto became the first Chinese automaker to be listed on the Hong Kong Stock Exchange (HK: 0175)

  • Geely Auto Debut Appearance at 61st Frankfurt Auto Show

    Geely Auto debut appearance at the 61st Frankfurt Auto Show, a first for privately-owned Chinese brands.

  • Zhejiang Geely Holding Group Established

    Zhejiang Geely Holding Group was established with all of Geely’s automotive businesses placed under it.

  • Geely Enters China’s Top Ten Automakers

    Geely Auto’s increasing popularity and sales allowed it to join the ranks of China’s top ten automakers.

  • Geely Received the License From Chinese Authorities and Became the First Private Car Maker in China

    Geely Auto becomes the first privately-owned auto manufacturer officially listed on China’s automobile manufacturer index.

  • First Geely Auto Vehicle Comes Offline

    The first Geely Auto car (Haoqing) rolls off the assembly line in Linhai, Zhejiang Province, China.

  • Geely Entered the Automotive Industry

    Geely Auto enters the automobile industry with the vision of producing cars that ordinary people can afford, becoming China’s first privately-owned auto manufacturer.

  • Geely Group Established

    Geely Group was established to bring all Geely enterprises under one group.

  • Eric Li (Li Shufu) is the founder and Chairman of Zhejiang Geely Holding Group (Geely).

    He founded the Geely Holding Group in 1986 and found success in various industries including refrigerators, decorative materials, motorcycles, etc.