Geely Holding Group
Geely Holding Group has developed into a global group integrating the design, R&D, production, sales, and service of complete automobiles, powertrains, and key components. It also covers mobility services, online technological innovation, financial services, education, sports, and other fields. Headquartered in Hangzhou, the group owns brands such as Geely Auto, Lynk & Co, Volvo Cars, Polestar, Proton Cars, Lotus Cars, London EV Company, Farizon New Energy Commercial Vehicles, Terrafugia, Caocao Mobility, Homer, Saxo Bank, and Mingtai. Geely Holding Group is also the largest shareholder of Volvo Group and Geely Group is the largest shareholder of Daimler AG. Geely Holding Group plans to achieve an annual production and sales volume of over 3 million vehicles by 2020, entering the top 10 global automotive enterprises. With a total asset value exceeding 110 billion yuan, it ranks among the Fortune Global 500.
In April 2016, Geely's new energy vehicle project settled in Hangzhou Qiantang District, marking an important step in the transformation and upgrading of Geely Auto Group. The pure electric passenger vehicles produced by this project are based on the newly developed AMA platform. This platform is a brand-new platform specially built by Geely Auto Group for new energy vehicles over 3 years, ensuring that the process technology and equipment of the complete vehicle project reach the advanced level of leading domestic and world-class. The project includes four major processes: stamping, welding, painting, and final assembly, as well as supporting auxiliary facilities such as test tracks, parking lots, power stations, management and office centers, and living supporting areas.
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