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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.
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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.
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