Geely Automobile Holdings Limited
Geely Automobile Holdings Limited is an automobile manufacturer with a strong presence in the Chinese market. The company, listed on the Hong Kong Stock Exchange, focuses on the development, manufacturing, and sales of passenger vehicles. Geely has been expanding its sales beyond China through exports to other countries in recent years. The company has 9 manufacturing plants in China and a total annual production capacity of 1,620,000 units of vehicles per double shift as of 31 December 2022.
The company's portfolio includes 19 major vehicle models developed under 4 modular architectures, including the Lynk&Co vehicle models sold by the Group's 50%-owned joint venture. Geely has a significant distribution network in China with more than 1,014 dealers marketing the "Geely" brand vehicles, and the "Geometry" brand has more than 328 dealers in China. Zeekr, Lynk&Co JV, and Livan JV have their own marketing and distribution systems in China, serving customers through Zeekr Centres, Lynk&Co Centres, and independent distributor stores.
Geely is committed to developing smart hybrid vehicles and pure electric vehicles as part of its "Blue Geely Initiatives" and "Smart Geely 2025" strategy. The company has developed an advanced electronic and electrical architecture called GEEA2.0, which acts as a central nervous system for vehicles. The company aims to boost the Group's annual sales volume target of 3.65 million units of vehicles by 2025, and its total market capitalization was about US$12.7 billion as at 11 April 2023.
With a total workforce of 49,000 staff at the end of 2022 dedicated to fostering the Group's core strength in powertrain technologies, product quality, customer satisfaction, and supply chains, Geely is well-positioned to continue leading the global automotive industry. The company's commitment to innovation and sustainability, along with its strong distribution network and production capacity, make it a formidable player in the competitive automobile market.
Founded: 1986
Headquarters: Wanchai, Hong Kong
Website: http://www.geelyauto.com.hk/en/
