Geely Capital

Zhejiang Geely Holding Group, often associated with its investment activities as Geely Capital, is a multinational automotive conglomerate based in Hangzhou, China, that manufactures passenger vehicles and develops software-defined electric cars. The privately owned enterprise operates across global markets, producing approximately 4.1 million vehicles worldwide in 2025, a production figure which included 2.3 million plug-in electric units. Ranked 225th on the 2023 Fortune Global 500, the company generates its revenue through direct vehicle sales, public listings of its subsidiaries, and strategic corporate investments. Its extensive automotive portfolio features full ownership of Volvo Cars and Zeekr, alongside a 17 percent minority stake in Aston Martin and significant investments in Daimler. Before officially transitioning into the automotive production sector in 1997, the organization was originally founded as a refrigerator parts manufacturer in 1986 by Li Shufu.