Geely

Zhejiang Geely Holding Group Co., Ltd.
Company typePrivate
IndustryAutomotive
Founded6 November 1986 (1986-11-06)[1]
in Taizhou, Zhejiang, China
FounderLi Shufu
HeadquartersBinjiang District, Hangzhou, Zhejiang, China
Area served
Worldwide
Key people
  • Li Shufu (Founder & Chairman)
  • An Cong Hui (President)
ProductsAutomobiles, Motorcycles, engines, transmissions, luxury vehicles
RevenueIncrease CN¥92.1 billion[2] (2020)
Increase CN¥9.636 billion[2] (2020)
Increase CN¥6.44 billion[2] (2020)
Total assetsIncrease CN¥206.74 billion[2] (2020)
Total equityIncrease CN¥64.21 billion[2] (2020)
OwnerLi Shufu
Number of employees
80,000[3]
Subsidiaries
List
Lua error in Module:Infobox_multi-lingual_name at line 132: attempt to call field '_transl' (a nil value).
Websitezgh.com
Footnotes / references
in consolidated financial statement; shareholders' equity figure excluded perpetual bond[17]

Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely, is a Chinese automotive company headquartered in Hangzhou, Zhejiang. Founded in 1986, Geely ventured into the automotive industry in 1997.[18] Geely Auto has emerged as the seventh largest automobile manufacturer in China, achieving sales of 1.328 million units within the country in 2021.[19] On a global scale, the group achieved sales of over 2.2 million cars in 2021. Geely also specializes in plug-in electric vehicles, with sales reaching 17,926 units in January 2022.[20] The company produces vehicles under various brands including Geely, Geometry, Jidu, LEVC, Lotus, Lynk & Co, Maple, Polestar, Proton, Radar, Volvo, Zeekr, and Zhidou.

References

  1. ↑ "History 1986–now". Archived from the original on 18 March 2017. Retrieved 26 June 2021.
  2. 1 2 3 4 5 "Annual Report 2020" (PDF). Geely Automobile Holdings Limited.
  3. ↑ "The Group at a Glance". www.zgh.com. Archived from the original on 23 November 2017. Retrieved 17 January 2022.
  4. ↑ "Volocopter announces joint venture with Geely subsidiary Aerofugia". electrive.com. 22 September 2021. Retrieved 5 January 2023.
  5. ↑ Cathcart, Alan (12 March 2018). "Volvo owner Geely buys major stake in Benelli owner Qianjiang". DriveMag Riders. Retrieved 5 January 2023.
  6. ↑ "Kinesiska staten storägare i Geely-bolag baserat i Göteborg". auto motor & sport (in Swedish). 8 December 2021. Retrieved 5 January 2023.
  7. ↑ Triches, Robert (8 November 2022). "170 varslas om uppsägning på Geelyägda Cevt". Dagens industri (in Swedish). Retrieved 5 January 2023.
  8. ↑ Anthony Lim (24 May 2017). "DRB-Hicom to sell Lotus in its entirety for £100 million – Geely to acquire 51%, Etika Automotive to buy 49%". Driven Communications. Archived from the original on 27 May 2017. Retrieved 27 May 2017.
  9. ↑ 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. Archived from the original on 4 August 2019. Retrieved 27 May 2017.
  10. ↑ Norihiko Shirouzu, Heekyong Yang (10 May 2022). "China's Geely buys stake in Renault Korea, eyeing US exports". Reuters. Retrieved 5 January 2023.
  11. ↑ "Geely buys stake in Renault Korea, eyeing U.S. exports". Automotive News Europe. 10 May 2022. Retrieved 5 January 2023.
  12. ↑ "Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars". U.S. 8 January 2020. Retrieved 5 January 2023.
  13. ↑ CAR magazine (28 March 2019). "It's official: Geely buys 50 percent of Smart from Daimler". CAR Magazine. Retrieved 5 January 2023.
  14. ↑ "Nordic Credit Outlook" (PDF). S&P Global Ratings. December 2021. p. 34. Retrieved 13 December 2021.
  15. ↑ Hawkins, Andrew J. (27 September 2021). "Electric car company Polestar is going public via SPAC". The Verge. Retrieved 5 January 2023.
  16. ↑ Julie Zhu, Scott Murdoch (12 December 2022). "Exclusive: Zeekr, a premium Geely electric car brand, seeks over $1 billion in U.S. IPO - sources". Reuters. Retrieved 5 January 2023.
  17. ↑ "2016 nián nián dù bào gào" 2016年年度报告 [2016 Annual Report] (in Chinese (China)). Geely Holding. 28 April 2017. Retrieved 15 April 2018 – via Shanghai Clearing House website.
  18. ↑ "Geely's Li Shufu is betting billions on global push". Yahoo Finance. 26 February 2018. Retrieved 23 March 2024.
  19. ↑ "Geely Auto Holdings Jan. BEV sales skyrocket 641% YoY". Gasgoo. Archived from the original on 23 March 2024. Retrieved 23 March 2024.
  20. ↑ "Geely group sales exceed 2.2m units in 2021, up 5% - paultan.org". Paul Tan's Automotive News. 21 January 2022. Retrieved 23 March 2024.


This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.