The Group at a Glance
Zhejiang Geely Holding Group (“Geely Holding” / “the Group”) was founded in 1986. In 1997, Geely Holding entered the automotive industry and has since focused our core business on the development and production of automobiles. Geely has continued to grow with a focus on continuous technological innovation, talent development, and strengthening core competitiveness, all the while staying committed to sustainable development. In 2024, the Group total sales reached approximately 3.337 million vehicles, ranking tenth in the world. Sales of new energy vehicle reached approximately 1.488 million vehicles, a 52% YoY increase, representing 45% of aggregate sales.
Geely Holding is committed to becoming a globally competitive and influential automotive, technology and investment group that leads through a “green and low-carbon, intelligent, connected, passenger and commercial vehicle, ground and space integrated ecology”. The Group engaged in automotive, upstream and downstream industrial chains, intelligent travel services, green transportation, methanol and hydrogen ecology, digital technology, etc. The Group’s strategically invested holdings including multiple automotive brands namely Geely Auto, Geely Galaxy, Lynk & Co, ZEEKR, Volvo Cars, Polestar, Lotus, Farizon Auto, and other brands each with their own respective brand positioning are actively participate in market competition around the world.
With the electrification and intelligent transformation of the automotive industry as its core, Geely Holding has also been developing cutting-edge technologies in new energy, shared mobility, human-machine interface, autonomous driving, on-board chips, and low-orbit satellites to build a competitive moat based on science and technology and strengthen its science and technology ecosystem. The Group is actively exploring solutions to the world’s energy and carbon neutrality issues through green methanol and pursuing the goal of achieving carbon neutrality across its entire industry chain by 2045.
Geely Holding is headquartered in Hangzhou and has established more than 10 R&D and design centres around the world. Over the last 11 years, the Group has invested over RMB 250 billion in R&D, and employs more than 30,000 R&D and design personnel. Geely Holding operates world-class vehicle and powertrain manufacturing plants in China, U.S., U.K., Sweden, Belgium and Malaysia, with 17 of its plant recognized as “green” plants and 4 recognized as “zero-carbon” plants. The Group has established a worldwide sales and service network comprised of more than 4,000 branches around the world across its subsidiaries brands.
Geely Holding places great importance on fulfilling its social responsibility. The Group actively supports non-profit education, combining practical hands-on training, classroom education, and research. Through training engineers and technicians, and its network of non-profit higher education institutions ranging from vocational education to post graduate studies, Geely has produced over 200,000 talents.
Geely Holding’s corporate mission is to create “A Sustainable Future, A Better World.” By upholding its management principle of “full authorization, compliance with laws and regulations, clear assessment, fairness and transparency”, the Group’s commitment to long-term sustainable development and scientific governance in areas of climate change, resource protection, sustainable mobility, responsible value chains, and business ethics, has lifted downstream and upstream partners to rise up together, promoted the balanced development of regional economies, improved the global automotive industry, and given consumers mobility experiences that exceed their expectations.