24 Facts About Geely

Geely is privately held by Chinese billionaire business magnate Li Shufu.

Geely Auto is currently the seventh largest automobile manufacturer in China, with 1.

Geely is a phonetic transliteration of the company's native name, which means "auspicious" or "propitious" in Chinese.

Zhejiang Geely Holding Group was already manufacturing its own cars long before it acquired the Swedish passenger car maker Volvo Cars from Ford Motor Company in 2010.

Zhejiang Geely Holding Group has global operations spanning the automotive value chain, from research, development and design to production, sales and service.

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Geely approached Ford in mid-2008 about a possible takeover of Volvo Cars.

In December 2011, it was announced that Geely would begin selling Chinese-designed and -manufactured cars in the United Kingdom at the end of 2012, with the first model to go on sale being the Emgrand EC7.

In November 2017, Geely announced completion of the Terrafugia acquisition, including approval from all relevant regulators.

In September 2019, Geely led a round of private funding for Volocopter that raised $55 million for the company.

In September 2020, Geely started talks with rival car manufacturers, including Daimler AG, to license a new architecture it developed for building electric cars.

Geely is set to create an electric vehicle joint venture together with Baidu.

Geely expects to begin deliveries of Zeekr models in the third quarter of 2021.

Geely is known for imbuing a sense of humour in the names of some of their vehicles.

Geely Auto is ZGH's original and mainstream brand, primarily sold in China and select overseas markets.

London Taxi Company, which was acquired by Zhejiang Geely Holding Group in 2013, changed their name to London Electric Vehicle Company in 2017 to reflect their new mission of developing and producing electric commercial vehicles.

Zhejiang Geely Holding Group acquired Volvo Cars from Ford Motor Company in 2010.

Geely produced motorcycle since 1994 with own subsidiry Geely Ming Industrial Co.

Geely was acquired in full by Zhejiang Geely Holding Group in 2017.

Geely is one of the largest producers of motorcycles in China and own several renowned brands including Italy's Benelli.

In 2009, Geely bought Drivetrain Systems International Pty Ltd, a global transmission developer headquartered in Australia.

Geely refers to its dealer network as 4S stores and sells some models online.

Geely is marketed in Lebanon, through the Rasamny Younes dealership network.

An unsuccessful lawsuit was brought against the company in the early 2000s by Toyota, which claimed Geely had "implied in ads that some of the parts [used in Geely vehicles] were made by Toyota".

In 2020, the Australian Strategic Policy Institute accused at least 82 major brands, including Geely, of being connected to forced Uyghur labor in Xinjiang.