For history of Geely ,please read the link: Geely Road-The Forty Year Journey

Geely Auto is a leading automobile brand based in Hangzhou, China. In 2010 it purchased the Swedish brand Volvo from Ford for $1.8 billion. Then in 2018, it acquired a close to 10% stake in Daimler Motors. Now, Geely is worth more than 136 billion yuan and is among the 500 largest companies in China.

Market cap 136.81 billion Yuan (as of August 29, 2020)

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, Coventry 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.

Manufacturing Facilities

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 a full range of models including sedans, SUVs, Crossovers, and MPVs.

Source:Geely Group

Editor :Rebecca Cai (WeChat:autochinarebecca)

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