Zhejiang Geely Holding Group (ZGH) is a Fortune 500 enterprise and China’s 2nd largest automobile manufacturer. What will surprise you is Geely’s diverse and impressive portfolio. From smartphones to satellites, Geely has smartly expanded its portfolio through innovation, acquisitions, and strategic partnerships.
Founded in 1986 by Li Shufu, Geely started as a small refrigerator parts company, then moved into motorcycles in 1994 before entering automobiles in 1997. In 2024, Geely produced 3,336,534 vehicles, a gain of +19.6% from the previous year.
So let’s drive into how much and which brands does Geely owns as of now.
Geely Auto
Founded – 1997
Geely Group – 100%
Geely Auto sells vehicles under brands like Geely, Geely Galaxy, Livan, and Radar. In 2024, they collectively sold 2.17 million units representing an increase of 32% YOY.
https://www.geely.com
Zeekr
Founded – 2021
Geely Auto – 62.8%, Geely International (Hong Kong) – 12.3%
Zeekr is a Geely’s brand specializing in luxury electric cars. In 2024, Zeekr sold 222,123 units, an increase of 87% YoY.
https://www.zeekrlife.com/global/
Lynk & Co.
Founded – 2016
Zeekr Group – 51%, Geely Auto – 49%
As a fully owned subsidiary of the Geely Group, it specializes in premium cars (both ICE & EVs). In 2024, Lynk & Co. delivered 222,123 units, an increase of 87% YoY.
https://www.lynkco.com/
Ji Yue
Founded – 2023
Geely Group – 65%, Baidu – 35%
Ji Yue was formed by Geely in collaboration with Chinese tech giant Baidu for developing technologically advanced electric vehicles in the future.
https://www.jiyue-auto.com
Farizon
Founded – 2016
Geely Group – 100%
Farizon is a commercial vehicle brand under Geely New Energy Commercial Vehicle Group. Apart from Farizon, Geely also owns Hanma Technology and Ou Ling Auto, both commercial vehicle manufactures. Faizon sells around 100,000 units a year.
http://www.geelycv.com
Proton
Founded – 1983
Geely Auto – 49.9%
Proton is a Malaysian auto brand in which Geely invested in 2017. Proton sold 152,352 units in 2024.
https://www.proton.com
Volvo Cars
Founded – 1927
Geely Holding – 78.7%
Perhaps Geely’s most famous acquisition, Volvo Cars is a Swedish manufacturer of luxury vehicles. Geely bought the stake in 2010 from Ford and Volvo sold 763,389 vehicles in 2024, an 8% YoY increase, and a new historic record for the brand.
https://www.volvocars.com
Polestar
Founded – 2017
Geely Group – 63%, Volvo Cars – 18%
Polestar is a Swedish manufacturer of electric performance cars. With limited models, Polestar is still expanding into other markets and had sold 44,851 vehicles in 2024.
https://www.polestar.com
Lotus
Founded – 1952
Geely Group – 51%
Lotus is a British automotive manufacturer of luxury sports cars and famous for its achievements in motor sports. In 2024, it sold over 10,000 vehicles, it’s all time high so far.
https://www.lotuscars.com
Smart
Founded – 1994
Geely Group – 50%, Mercedes-Benz – 50%
Smart is a German automotive marque which originally started as a producer of microcars. In 2024, Smart sold around 70,000 vehicles.
https://global.smart.com
London Taxi
Founded – 1919
Geely Auto – 49.9%
Now known as the London EV Company (LEVC), it was acquired by Geely in 2013.
https://www.levc.com
Benelli
Founded – 1911
Geely Group – 100%
Benelli is the second oldest Italian motorcycle manufacturing company to be still in business and was acquired by Geely in 2005. It also owns QJ Motors and Lifan, making Geely a major motorcycle producer.
https://www.benelli.com
Geely Education
Geely Talent Development Group is the educational branch of Geely. At present it covers 9 colleges and universities with more than 10,000 student graduating from them each year.
CaoCao
Founded – 2015
Geely Group – 100%
CaoCao innovatively applies the world’s internet, internet in vehicles, and autonomous driving technologies into shared mobility. In Feb, 2025, CaoCao launched Robotaxi pilot operations in Suzhou and Hangzhou (China).
https://www.caocao.com.cn
Meizu
Founded – 2003
Geely Group – 79.09%
Meizu is a technology company based in China. It produces smartphones, in-vehicle systems and AR devices to deliver a seamless cross-device experiences. Geely invested in Meizu in 2022.
https://www.meizu.com
Aerofugia Technology and Terrafugia
Founded – 2020
Geely Group – 100%
Aerofugia is a Chinese manufacturer of low-altitude electric vertical takeoff and landing (eVTOL) passenger aircrafts and UAVs. Terrafugia is an American company specializing in making flying cars that can operate both as road legal cars and as an aircraft.
https://www.aerofugia.com
Geespace
Founded – 2018
Geespace is into satellite production and data communication services and plans to deploy a network to 240 low orbit satellites. It’s the world’s pioneer in developing satellite communications for the automotive sector. Its car models like the Zeekr 001 FR, Zeekr 007 and Geely Galaxy E8 are equipped with satellite communication functionality.
https://www.geespace.com
Aston Martin, Mercedes-Benz Group, and Volvo Group
The Geely Group also owns 17% of Aston Martin (in 2023), 9.69% of Mercedes-Benz Group (in 2018), and 6.8% of Volvo Group (in 2017).
Geely Group : In short
With investments also in smartphones, autonomous software technology, UAVs, and space satellite communications, Geely isn’t just a car company—it’s shaping the future of mobility.
“While keeping our feet on the ground, we should always keep an eye on the vast universe. We must protect the Earth’s environment and promote sustainable development, but at the same time, we should also look toward development among the stars.” Eric Li, Chairman of Zhejiang Geely Holding Group
In a world where transportation is rapidly evolving, Geely Group stands as a testament to ambition, adaptability, and a forward-thinking leadership.
Would you now buy a product from any Geely owned brand? Let us know in the comments! 🚗💨
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