Geely ls Founded

Geely is founded by Eric Li (Li Shufu) in Taizhou City, Zhejiang Province, China

Geely Enters the Automotive Industry

Geely Auto enters the automobile industry with the vision of producing cars that ordinary people can afford, becoming China’s first privately-owned auto manufacturer.

First Geely Auto Vehicle Comes Offline

The first Geely Auto car (Haoqing) rolls off the assembly line in Linhai, Zhejiang Province, China.

Geely Receives the License From Chinese Authorities and Becomes the First Private Car Maker in China

Geely Auto becomes the first privately-owned auto manufacturer officially listed on China’s automobile manufacturer index.

Geely Auto Joins the Ranks of China’s Top Ten Automakers

Geely Auto’s increasing popularity and sales allows it to join the ranks of China’s top ten automakers.

Zhejiang Geely Holding Group Established

Zhejiang Geely Holding Group is established with all of Geely’s automotive businesses placed under it.

Geely Holding Acquires Volvo Car Corporation

Geely Holding Group acquires 100% of the shares of Volvo Car Corporation from the Ford Motor Company. The agreement is signed on 28 March 2010 and the transaction is completed on 2 August 2010.

Geely Holding Group Enters into the Fortune 500 List

Geely Holding Group is listed as a Fortune 500 company for the first time.

Geely Holding Establishes CEVT

Geely Holding establishes China Euro Vehicle Technology (CEVT) in Sweden.

Geely Auto Announces New Brand Positioning

Geely Auto officially showcases their flagship BoRui sedan, announces its new brand positioning and officially ties up with the Chinese Olympic Swimming Team. The new brand mission is “Making Refined Cars for Everyone".

Geely Forms Strategic Partnership with Proton and Acquires Lotus

Geely signs an agreement to acquire a 49.9% stake in Malaysian automaker PROTON and acquires a 51% controlling stake in luxury sports car brand Lotus from DRB-HICOM Berhad of Malaysia.

Geely Acquires American Flying Car Company Terrafugia

Geely enters into an agreement with Terrafugia Inc, a US-based company focused on the innovation, engineering and production of flying cars and technologies, to acquire its operations and assets in their entirely.

Geely Acquires Strategic Stakes in AB Volvo

Geely announces they would become largest holder of share capital in Sweden’s leading commercial vehicles and industrial engineering group, Volvo AB after acquiring Cevian Capital’s entire 8.2% share capital holding and 15.6% voting rights in the company.

Geely Holding Group Purchases Stake in Daimler AG

Geely Holding announces it had acquired a 9.69% stake in Daimler AG through open market purchases of shares.

Geely Auto Unveils BMA, a New Modular Architecture for B-Segment Compact Cars

Geely and Daimler Form Global Joint Venture to Develop smart

Daimler AG and Geely Holding Group announce the formation of 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of the small urban vehicles, as a leader in premium-electrified vehicles.

Geely Auto Group Signs an Agreement to Become an Official Partner of the 2022 Asian Games in Hangzhou

Geely participates in the Asian Games under the slogan of “Enjoy E-mobility @ the Asian Games with Geely.

Geely launches Compact Modular Architecture (CMA), marking the brand’s entry into its 4.0 “Advanced Geely” products era.

Establishment of "smart Automobile Co., Ltd."

Mercedes-Benz and Geely Holding formally establish the global joint venture “smart Automobile Co., Ltd." to produce smart brand cars.

Sustainable Experience Architecture Officially Launched

Geely Holding officially launches the open-source electric vehicle architecture, SEA (Sustainable Experience Architecure).

Geely Auto Successfully Surpassed 10 Million Units in Global Sales in 2020 Geely Auto becomes the first Chinese auto brand which succeeded in selling more than 10 million units globally.

Geely Officially Joins Global Automotive Quality Standards Organization IATF

Geely Auto Group Unveils Intelligent Geely 2025 Strategy

Geely and Renault Sign Framework Agreement

Geely and Renault Group sign a framework agreement to create a leading powertrain technology company.

Geespace Successfully Launches First Nine Satellites

Geely Future Mobility Constellation's first nine satellites are successfully launched, providing precise positioning and connectivity support.

Geely Holding 11th Year on Fortune Global 500

Zhejiang Geely Holding Group was listed in the 2022 Fortune Global 500 for the 11th consecutive year with a ranking of 229th after its last year revenues reached US$55.86 billion.

Geely Holding Acquires a 7.60% Shareholding in Aston Martin Lagonda

Geely Opens lnnovation Center in ltaly

Geely Innovation Design Center ltaly is established as part of a multicultural global network of studios supporting the efforts of Geely Auto Group.

Geely Future Mobility Constellation Launches 10 Satellites

Geely Future Mobility Constellation successfully launched 10 satellites into orbit on its third trajectory, enabling a 24-hour coverage of 90% of the qlobal area.

Geely Holding and Renault officially establish HORSE Powertrain Limited, a joint venture focused on powertrain technology.