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
Zhejiang Geely controls:
- Geely Auto
- London EV Company (formerly London Taxi Company)
- Lynk & Co
- Yuan Cheng Auto, a commercial vehicle company.
- Terrafugia, a flying car company
*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.