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Private mobility group producing passenger cars, NEVs, commercial vehicles, taxis and motorcycles under multiple brands

GE

Zhejiang Geely Holding Group Co., Ltd.

Hangzhou · Gothenburg · Hethel · Ansty · Ningbo · Shah Alam · Tanjung Malim · Chengdu · Coventry · Frankfurt · ShanghaiNew on Amplifa

1986Founded
>140,000Employees worldwide
Annual production
>30Production and assembly plants
8 R&D centers, 6 design centersDevelopment

About Geely Holding

Zhejiang Geely Holding Group (ZGH) is a private, multinational mobility group headquartered in Hangzhou, China, founded in 1986 by Li Shufu as a manufacturer of refrigerator parts. The group develops and manufactures passenger cars, new energy vehicles, commercial vehicles, taxi vehicles and motorcycles through a portfolio of brands such as Geely, Lynk & Co, Zeekr, Volvo Cars, Polestar, PROTON, Lotus, Farizon and London Electric Vehicle Company (LEVC). Across its brands, the group operates more than 30 production and assembly plants in China, Europe, North America and Southeast Asia, including 22 Geely car plants in China, 10 Volvo plants as well as plants in Hethel (Lotus), Ansty (LEVC), Tanjung Malim (PROTON), Ningbo (Zeekr) and Chengdu (Polestar). The value chain ranges from research and development and vehicle design to vehicle and component production and on to sales and service; in addition, the group has eight R&D centers and six design centers, among others in Gothenburg, Coventry and Frankfurt. In 2025, the group produced a total of 4.1 million vehicles, of which 2.3 million were plug-in electric vehicles; more than 140,000 people are employed worldwide.

Site
1 Hangzhou, Zhejiang
Processes
Automobile production (vehicle manufacturing/assembly), Motorcycle production, Manufacture of parts/components (Chengdu, Sichuan), Engine/transmission development and manufacturing (engine production, JA Mercedes-Benz Group AG), Vehicle production, Research and development, Vehicle design, Battery-swapping and charging infrastructure (cooperation with NIO)
Materials
Refrigerator parts, Automobile production, Commercial vehicle production, Taxi vehicle manufacturing, Motorcycle production, Parts and component manufacturing, Engine/transmission manufacturing
Founded
1986
Employees
>140000
Industries
Automobiles (passenger cars, NEV), Commercial vehicles, Motorcycles, Mobility services, Aerospace
  1. 01

    Research and development

  2. 02

    Vehicle design

  3. 03

    Parts and component production

  4. 04

    Vehicle manufacturing/assembly

  5. 05

    Sales and service

Product Areas and Manufacturing Segments

Fzg.-Fertigung

Automobile production

Complete vehicle manufacturing and assembly for passenger cars and NEVs across 22 plants in China and 3 assembly plants abroad.

NFZ

Commercial vehicle production

Farizon Auto manufactures commercial vehicles with new drive types in 4 plants in China.

Taxi

Taxi vehicle manufacturing

LEVC produces zero-emission-capable vehicles for the taxi market in Ansty, England.

Motorrad

Motorcycle production

Production of motorcycles and scooters through subsidiaries such as Qianjiang Motorcycle and Benelli.

Teile

Parts and component manufacturing

Production of vehicle parts at the Chengdu, Sichuan site.

Motor

Engine/transmission manufacturing

Engine and transmission development and manufacturing, including through the 50/50 joint venture Horse Powertrain with Renault.

Industries

Automobiles (passenger cars, NEV)Commercial vehiclesMotorcyclesMobility servicesAerospace

Processes & technical limits

ProcessesToleranceMax. partWeightLot sizeMaterials
Automobile production (vehicle manufacturing/assembly)Assembly–––––
Motorcycle productionAssembly–––––
Manufacture of parts/components (Chengdu, Sichuan)Assembly–––––
Engine/transmission development and manufacturing (engine production, JA Mercedes-Benz Group AG)Assembly––––Steel

15 Anlagen & Maschinen

MachineManufacturer / modelQuantityWorking areaYear builtSite
Automobile production plantGeely Auto Group22––China (various locations)
Car assembly plantGeely Auto Group3––Overseas
Production plant (passenger cars)PROTON1––Tanjung Malim, Malaysia
Production plantLotus Group (Lotus Cars)1––Hethel, UK
Production centerZeekr Intelligent Technology1––Ningbo, China
Production and assembly plantVolvo Car Group10––Worldwide
Production plantPolestar1––Chengdu, China
Production plant (commercial vehicles)Farizon Auto4––China
Production/assembly plantLondon Electric Vehicle Company (LEVC)1––Ansty, England
Automobile production siteGeely7––Linhai, Ningbo, Luqiao, Shanghai, Xiangtan, Jinan, Lanzhou
Parts production siteGeely1––Chengdu, Sichuan
Vehicle production plantGeely1––Linhai, Zhejiang
Manufacturing facility (refrigerator parts)Geely1–1986Taizhou/Ningbo, Zhejiang
Motorcycle production siteGeely––1994Taizhou, Zhejiang
Engine manufacturing plantHorse Powertrain––––

Additional services

Vehicle productionResearch and developmentVehicle designBattery-swapping and charging infrastructure (cooperation with NIO)Ride-hailing (CAOCAO)Motorsport/racing circuits (Mitime)Education/training (Geely Talent Development Group)Satellite constellation (Geespace)

History

  1. 1986

    Founded as a refrigerator parts manufacturer by Li Shufu (Taizhou/Ningbo, Zhejiang)

  2. 1994

    Entry into motorcycle production (first China scooter)

  3. 1997

    Entry into the automotive industry as China's first private automobile company

  4. 1998

    First vehicle (Geely Haoqing) rolls off the line on 8 August in Linhai

  5. 2001

    Receipt of the national production license in November

  6. 2003

    Foundation of the holding company Zhejiang Geely Holding Group Co., Ltd. (24 March), share capital CN¥ 930 million

  7. 2004

    Backdoor listing via Geely Automobile Holdings (0175.HK)

  8. 2010

    Acquisition of Volvo Cars from Ford for US$ 1.8 billion (completed 2 August)

  9. 2013

    Full acquisition of Manganese Bronze Holdings (London Taxi), later LEVC

  10. 2016

    Brand launch of Lynk & Co (Geely/Volvo JV) in Berlin; founding of CEVT

  11. 2017

    Majority acquisition of Lotus Cars (51%); 49.9% of Proton; acquisition of Terrafugia; largest shareholder in Volvo Trucks

  12. 2018

    Largest single shareholder of Mercedes-Benz Group AG with 9.7%; Smart 50/50 JV with Mercedes-Benz from 2019

  13. 2019

    Polestar production plant in Chengdu

  14. 2023

    Rank 225 in the Fortune Global 500; launch of the Ji Yue brand (JV with Baidu)

  15. 2026

    Strategic cooperation with NIO on charging and battery swapping; first Geely showroom in Germany (Aachen); sales record of over 3 million vehicles in nine months

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