A little history on Geely
Geely was founded in 1986 as a
refrigerator parts company, before transitioning to
motorcycles in 1994 and entering the automotive industry in 1997. ZGH as a holding company was founded in 2003. As of 2023, the company ranks 225 in the 2023
Fortune Global 500 list of the world's largest companies.
[2] In 2024, the group produced a total of 3.33 million vehicles globally, including 1.48 million
plug-in electric vehicles.
[12]
The company manufactures and sells vehicles under the brands of Geely,
Lynk & Co and
Zeekr brands, which are part of the
Geely Auto Group business unit, along with its subsidiaries and
joint ventures such as
Volvo Cars,
Polestar,
Proton,
Smart and
Lotus, as well as commercial vehicles under the
London EV Company,
Radar Auto / Riddara and
Farizon brands. It produces motorcycles under its subsidiaries
Zhejiang Geely Ming Industrial (Jiming and Geely),
Qianjiang Motorcycle (QJMotor and Keeway), and
Benelli. It also holds a 17% stake in
Aston Martin and owns half of
Horse Powertrain, an engine manufacturing joint venture with
Renault.
[13][14]
Hold whatever attitude you want about Chinese companies
Geely has taken risks, bought companies other manufactures no longer wanted (Volvo and Lotus) and has become a dominant manufacture of vehicles around the world
They developed the Golden Battery inhouse using a battery design everybody else decided against
Their innovation and risk taking has paid off for them in the past
It is not a company to bet against