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In March 2020, Li was in talks to merge Volvo with Geely in a move to create a global automaker. Both Volvo and Geely were owned by Li's investment fund Zhejiang Geely Holding Group, but operated as separate entities. [10] In September 2022, Shufu's group acquired a 7.6% stake in Aston Martin. [11]
Geely was established in 1986 in Ningbo, Zhejiang by Li Shufu as a refrigerator parts manufacturer located in Taizhou, Zhejiang. To start the company, Li Shufu had to borrow funds from his family. [15] [28] In 1994, Geely transitioned into the motorcycle industry by acquiring a state-run firm, and started producing China's first scooter. [29]
Geely was established in 1986 in Ningbo, Zhejiang by Li Shufu.Initially, the company entered the refrigerator manufacturing industry in Taizhou, Zhejiang.To start the company, Li Shufu had to borrow funds from his family.
About Wikipedia; Contact us; Contribute Help; Learn to edit; Community portal; Recent changes; Upload file; ... Li Shufu: 61 23.7 +US$4B: The chair of Geely [10] 9: ...
Eric Li may refer to: Li Shufu or Eric Li Shufu (李书福), Chinese businessman, CEO of Geely Group; Eric Li (李家祥), former Hong Kong Legislative Council member; Eric X. Li, also known as Li Shimo (李世默), Chinese venture capitalist and political scientist, founder of Guancha
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The production of the first Geely motorcycle dates back to 1994 when a new plant was inaugurated in Taizhou, China with a capacity of 50,000 vehicles per year.. On 8 April 1995 this business unit was spun off and the Geely Group Zhejiang Motorcycle Company was founded by Li Shufu, a subsidiary of Geely Holding Group specializing in the production of motorcycles, which in the nineties operated ...
Li Shufu of Chinese automobile manufacturer Geely took a 9.69% stake in the company, through Tenaciou3 Prospect Investment Limited, in February 2018, making it the company's largest single shareholder. [3] Geely is already known from its ownership of Volvo Car Corporation.