It also holds a 17% stake in Aston Martin and owns half of Horse Powertrain, an engine manufacturing joint venture with Renault.

[13][14] Geely is a phonetic transliteration of the company's native name 吉利 (pinyin: Jílì), which means "auspicious" or "propitious" in Chinese.

[17] It completed the acquisition of British taxi maker Manganese Bronze Holdings in 2013 and restructured it into London Electric Vehicle Company.

[31] In January 2004, Li Shufu bought controlling shares in Guorun Holdings Co., Ltd., a company listed on the Hong Kong Stock Exchange under the trading code 0175HK.

[32] In March 2004, Guorun was renamed Geely Automobile Holdings Limited, a company under ZGH, retaining the same trading code.

[33] This strategy was seen as Geely's "backdoor" entry into the Hong Kong stock market, providing a means to raise funds for the company.

[34][35][33] In 2006, Geely bought a 19.97 percent equity stake in British company Manganese Bronze Holdings, the manufacturer of London black cabs.

In February 2013, ZGH fully acquired Manganese Bronze Holdings for £11.04 million, after the British company entered administration due to lack of funding.

Improving technical expertise and a sophisticated production management system led to a significant sales surge for Geely from 2010 onwards.

[53] In May 2017, ZGH purchased a 51% controlling-stake in Lotus Cars from its owner, DRB-HICOM, the largest shareholder of Malaysian carmaker Proton Holdings.

[54][5] The remaining 49% were acquired by Etika Automotive, a holding company of Proton's major shareholder Syed Mokhtar Albukhary.

[56][57] The purchase was seen to facilitate future export growth in right-hand drive markets, and making inroads into the lucrative ASEAN region.

[64] Following an initial public offering, Polestar shares began trading on the Nasdaq exchange under the symbol PSNY on 24 June 2022.

After the transaction, Geely New Energy Commercial Vehicle Group would become the de facto controlling shareholder of Hualing Xingma.

[70] These merger talks were later halted, and 18% of Volvo Cars shares were listed on the Nasdaq Stockholm stock exchange in October 2021.

[73] In February 2024, Volvo Cars announced its plan to reduce its stake in Polestar by the third quarter of 2024 from currently 48.3% to around 18% by ceding it to ZGH.

[74][75] In September 2024, Li Shufu, the founder of the Geely, announced the "Taizhou Declaration", a new stage of strategic transformation of Geely that would promote the integration of internal resources, clarify the positioning of each brand, straighten out equity relationships, reduce conflicts of interest and duplication of investment, and improve resource utilization efficiency.

[94][95] In November 2022, Renault said it plans to combine its powertrain production and development operations (including internal combustion engines and hybrid systems) with Geely's into a joint venture holding company with both as co-owners.

[96][97] The joint venture was officially established in late May 2024 as Horse Powertrain Limited, headquartered in London, United Kingdom.

[98] In January 2021, ZGH announced a deal to create an electric vehicle joint venture together with Baidu, a Chinese multinational technology company specializing in Internet-related services, products, and artificial intelligence (AI).

Jidu Auto now focuses on technology solutions, including product design and AI development, for Ji Yue vehicles.

[101][102][103] In December 2024, Geely and Baidu approached that they would help the management of their troubled  electric vehicle venture Ji Yue Auto for the purpose of solving disputes with their employees which included social welfare and severance payments.

[107][108][109][110]Radar Auto (Chinese: 雷达汽车), or Riddara outside China, is a battery electric pick-up truck brand owned by ZGH.

[82] Zeekr (Chinese: 极氪) is a premium battery electric vehicle brand of ZGH owned by Geely Automobile Holdings.

[112] However after a major shareholding restructuring in 2024, it holds 51% of Lynk & Co currently.Lynk & Co (Chinese: 领克) was established in 2017 that uses technology developed jointly by Volvo Cars and Geely Auto.

It was previously known as The London Taxi Company, which has roots from Manganese Bronze Holdings, the original manufacturer of black cabs that Geely acquired in 2013.

[120] Jidu Auto (Chinese: 集度) is a joint venture between ZGH and Baidu that would be engaged in the production of electric vehicles in different segments starting in 2022.

Due to Chinese government policies, Baidu as the controlling company of Jidu, could not obtain the qualification to manufacture cars.

Design, development and marketing activities are carried out at the Benelli QJ headquarters in Pesaro, Italy, with production occurring in Wenling, China, for sale globally.

[140] In June 2022, Geely acquired a majority stake of Meizu, a Chinese consumer electronics manufacturer based in Zhuhai, Guangdong.