The Group at a Glance
Zhejiang Geely Holding Group (ZGH), is a global mobility technology group headquartered in the city of Hangzhou in south-east China’s Zhejiang Province. The Group was established in 1986, and entered into the automotive industry in 1997.
The Group is devoted to becoming a world leader in mobility technology through the development of a green digital mobility ecosystem. ZGH’s mission is to develop products and services which allow everyone to “Enjoy Mobility.”
In 2018, the brands under the Group sold over 2.15 million cars globally, an increase of 18.3% year-on-year. In just four years, the total sales volume of the group has doubled.
ZGH aims to achieve 3 million in annual vehicle production and sales globally by 2020 and become one of the world’s top ten automakers.
ZGH is fully involved in the design, development, production, sales, and service of vehicles, powertrains, and key components as well as mobility services, digital technology innovation, financial services, education, and motorsports. The Group is steadily pushing forth on the development of innovative technologies and transforming from a global automotive group into a global mobility technology group.
The Group consists of many well-known international brands including Geely Auto, Lynk & Co, Volvo Cars, Polestar, PROTON, Lotus, London Electric Vehicle Company, Yuan Cheng Auto, Terrafugia, Qianjiang Motorcycles, Joma, Saxo Bank, MiTime, etc. Each brand has their own distinct character, products, and market positioning.
ZGH is also the largest shareholder of Volvo AB and Daimler AG.
The Group’s product spectrum ranges from small cars to SUVs, from sports cars to luxury vehicles, from motorcycles to flying cars. In the commercial vehicle market, the group offers electrified taxis, light trucks, vans, and buses.
Other areas related to mobility that ZGH is active in include smart car technologies, autonomous drive, ride-hailing, motorsports, connectivity, automotive financing, travel, and education.
ZGH employs over 120,000 people including nearly 20,000 in R&D and design. With total assets of over RMB100 billion, the company has been a member of the Fortune Global 500 for seven consecutive years.