Geely
Chinese automotive manufacturer / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Geely?
Summarize this article for a 10 year old
Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding or simply Geely (/ˈdʒiːli/ JEE-lee; Chinese: 吉利; pinyin: Jílì; lit. 'auspicious'), is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately owned by Chinese entrepreneur Li Shufu. It was founded in 1986 and entered the automotive industry in 1997 with its subsidiary Geely Auto.[19] As of 2023[update], the company ranks 225 in the 2023 Fortune Global 500 list of the world's largest companies.[3]
Company type | Private | ||||||
---|---|---|---|---|---|---|---|
Industry | Automotive | ||||||
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 |
| ||||||
Products | Automobiles, motorcycles, engines, transmissions, luxury vehicles | ||||||
Production output | 2.79 million vehicles (2023)[2] | ||||||
Revenue | US$60.40 billion (2022)[3] | ||||||
US$945 million (2022)[3] | |||||||
Total assets | US$81.29 billion (2022)[3] | ||||||
Total equity | US$13.01 billion (2022)[3] | ||||||
Owner | Li Shufu | ||||||
Number of employees | 131,517 (2022)[3] | ||||||
Subsidiaries | List
| ||||||
Chinese name | |||||||
Simplified Chinese | 浙江吉利控股集团有限公司 | ||||||
Traditional Chinese | 浙江吉利控股集團有限公司 | ||||||
| |||||||
Website | zgh | ||||||
Footnotes / references in consolidated financial statement; shareholders' equity figure excluded perpetual bond[18] |
The company manufactures and sells vehicles under the names of Geely, Lynk & Co and Zeekr, which are part of the Geely Automobile Group, along with its subsidiaries and joint ventures, such as Volvo Cars, Polestar, Proton, Smart and Lotus, as well as commercial vehicles under the London EV Company, Radar Auto and Farizon brands. It also produces motorcycles under its subsidiaries Zhejiang Geely Ming Industrial (Jiming and Geely), Qianjiang Motorcycle (QJMotor and Keeway), and Benelli. It also holds a 9.7% stake in the Mercedes-Benz Group and a 17% stake in Aston Martin.[20][21]
In 2024, the group produced a total of 2.79 million vehicles globally. 980,000 units were plug-in electric vehicles.[2]