Geely is a Chinese automotive company that has been in business since 1986. Founded by Li Shufu, Geely has grown from a small, family-run business to one of the largest automotive companies in the world. Geely has become a major player in the global automotive industry, with a presence in over 100 countries and regions.
Geely began as a refrigerator parts manufacturer in 1986. Li Shufu, the founder of Geely, had a vision of creating a company that could produce quality products at an affordable price. He began by producing refrigerator parts and then moved on to producing motorcycles and scooters. In 1994, Geely began producing automobiles, and in 1998, the company released its first car, the Geely CK.
The Geely CK was a small, affordable car that was designed to appeal to the Chinese market. It was a success, and Geely quickly became one of the leading automakers in China. In 2002, Geely released its first SUV, the Geely KingKong, which was also a success.
In 2003, Geely began to expand its operations outside of China. The company opened its first overseas factory in Malaysia, and in 2004, it opened its first dealership in the United Kingdom. Geely also began to expand its product range, releasing the Geely Emgrand in 2004 and the Geely GC7 in 2006.
In 2009, Geely acquired Volvo Cars from Ford Motor Company. This acquisition marked a major milestone for Geely, as it was the first time a Chinese company had acquired a major international automotive brand. Geely has since invested heavily in Volvo, and the brand has seen a resurgence in popularity.
In 2010, Geely released its first electric vehicle, the Geely Emgrand EV. This was followed by the Geely Emgrand EC7-EV in 2012, and the Geely Emgrand GS in 2014. Geely has since released several other electric vehicles, including the Geely Emgrand PHEV in 2016 and the Geely Emgrand X in 2018.
Geely has also been investing heavily in autonomous driving technology. In 2017, the company acquired the autonomous driving company, Terrafugia, and in 2018, it acquired the autonomous driving company, Boston Dynamics. Geely has also been investing in ride-hailing companies, such as DiDi Chuxing and Grab.
Today, Geely is one of the largest automotive companies in the world. It has a presence in over 100 countries and regions, and its products are sold in over 50 countries. Geely has become a major player in the global automotive industry, and its success is a testament to the vision of its founder, Li Shufu.