Geely Auto Group
Geely Auto Group is a leading automobile manufacturer based in Hangzhou, China and was founded in 1997 as a subsidiary of Zhejiang Geely Holding Group. Geely Auto Group sells vehicles under the Geely Auto brand and holds a 50% stake in the LYNK & CO brand.
The company employs more than 50,000 people, operates 12 vehicle manufacturing plants, 9 powertrain plants, 6 knockdown kit plants, and manufactures vehicles under the Geely Auto brand. Geely vehicles are sold through a network of over 850 dealerships in China and some 350 sales and service outlets in overseas markets. The company, listed on the Hong Kong stock exchange, saw its sales volume increase to 765,000 units in 2016 with 2017 sales goal set at 1.1 million units. In 2017, Geely Auto Group sold over 1,247,000 units, an increase of 63% from 2016. The success has prompted Geely Auto Group to set its 2018 sales volume target to 1.58 million units.