Li Shufu founded Zhejiang Geely Holding Group in 1986, and it created Geely Automobile in 1997. Despite being a relatively new firm, the company has some major automotive holdings thanks to a slew of smart acquisitions.

The company has its headquarters in Hangzhou, Zhejiang
Province, China.

Zhejiang Geely controls:

*While not complete ownership, a recent investment makes Geely the single largest shareholder in Volvo AB, the commercial truck maker responsible for the Volvo and Renault Trucks brands.

It also owns a 9.7 percent share in Mercedes owner Daimler.