Search results
Results from the WOW.Com Content Network
Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding (/ ˈ dʒ iː l i / ; Chinese: 吉利控股; pinyin: Jílì Kònggǔ), is a Chinese multinational conglomerate headquartered in Hangzhou, Zhejiang. The company is privately owned by Chinese entrepreneur Li Shufu, and mainly engaged in the automotive industry.
Geely Automobile Holdings Limited, also commonly known as Geely Auto (/ ˈ dʒ iː l i / ; Chinese: 吉利汽车; pinyin: Jílì QÌchē) is a publicly traded automotive company predominantly owned by the Zhejiang Geely Holding (ZGH) group. It owns the eponymous Geely Auto brand and partly owns Lynk & Co, Proton Cars and Zeekr brands.
Li founded Geely in November 1986; it is now the second-largest private automobile manufacturer in China. [4] On 28 March 2010, Geely signed a deal worth US$1.8 billion to buy Swedish automobile manufacturer Volvo Cars from American automobile manufacturer Ford Motor Company. [5] It was the largest foreign purchase by a Chinese car manufacturer.
They'll be built on Geely's electric platform and will be fitted with mapping and infotainment features developed by Baidu. Volvo owner Geely partners with China’s biggest search engine company ...
Polestar's showroom in Oslo, Norway. In October 2017, Volvo Cars and Geely Holding announced that Polestar would become a standalone brand focusing on electric cars. [26] The brand introduced the Polestar 1 on 17 October 2017, a 2+2 coupé inspired by Volvo's Concept Coupé introduced in 2013, which includes influences from the Volvo P1800.
The following is a list of vehicles under the Geely Auto Group business unit within the holding company Zhejiang Geely Holding. The list does not include vehicles from other brands owned by Zhejiang Geely Holding such as Volvo Cars , Polestar , Smart , Lotus , Livan Automotive , Maple , London EV Company and Farizon .
Although it was rumoured that Volkswagen would buy Volvo Cars, and despite initial denials, the company Geely Holding Group was ultimately selected to take over the Swedish automaker. [30] Geely Holding allegedly bid about US$1.5 billion to take over Volvo, with Goldman Sachs investing HK$2.59 billion (US$334 million) in the holding company.
In December 2021, BAIC Group increased its stake in Daimler Group to 9.98%, surpassing Geely Group to become the largest shareholder of Daimler Group. In August 2024, BAIC and Huawei's smart car technology ecological alliance "Harmony Inteligente Mobility Alliance" cooperated to launch the "Stelato S9" smart flagship sedan. This is also the ...