Geely Auto Group is a leading automobile manufacturer based in Hangzhou, China and was founded in 1997 as a subsidiary of Zhejiang Geely Holding Group. Geely Auto Group sells vehicles under the Geely Auto brand and holds a 50% stake in the LYNK & CO brand.
The group employs more than 50,000 people, operates 12 plants and five global R&D centers in Hangzhou, Ningbo, Gothenburg, Coventry and Frankfurt. The Group also boasts five global design studios in Shanghai, Gothenburg, Barcelona, California and Coventry respectively with over 900 members of staff in total. The Geely Auto brand has been listed on the Hong Kong stock exchange since 2005.
The controlling shareholder in Geely Auto is Zhejiang Geely Holding Group (ZGH), which is also the parent company of Volvo Car Group, Geely Commercial Vehicles Group, Geely New Technology Group and Minitime Group. Zhejiang Geely Holding Group is committed to vigorously pushing the development of world-renowned automotive and mobility technology brands providing high-quality products in multiple market segments to meet different levels of consumer demands.
World-class Research and Development
The group is committed to world-class research and development in the auto industry. It has established the Geely Automotive Research Institute in Hangzhou, the renowned China Euro Vehicle Technology (CEVT) in Gothenburg, and the world-leading Geely Research Institute in Hangzhou Bay, Ningbo to focus on development of vehicles, engines, transmission and vehicle bound electronics. Other facilities include Design Centres in Barcelona, Gothenburg, California and Shanghai.
Geely’s commitment to innovation and sustainability has led it to invest above the industry average in R&D and initiate green policies. The group’s dedication to innovative research has put it on the forefront of new energy, safety, automotive intelligence, and autonomous drive technologies. In regards to sustainability, Geely sees the switch to new energy vehicles as essential to environmental sustainability and has announced its “Blue Geely Initiative” in which it aims to have 90% of its sales coming from new energy vehicles by 2020.
Geely Auto Group has vehicle and powertrain manufacturing facilities all over China in places such as Taizhou, Ningbo, Xiangtan, Chengdu, Baoji, and Jinzhong. The company currently produces Emgrand GL (A-class cars), Emgrand GT (B-class cars), X7 Sport (SUV), Emgrand GS (crossover SUV), Emgrand EV (A-Class EV), X7, GC6 and other vehicles along with a full range of powertrains using gasoline and new energy.