GeelyPrefer Sterling in Google
Add sterlingcharts.com as a preferred source so our charts can appear with a preferred badge in Google Top Stories, AI Mode, and AI Overviews.
Register for a premium account to gain access to Sterling AI.
Get StartedThings you can ask Sterling:
| Period | Printed outcome | GELYF sales volume treatment |
|---|---|---|
| 2010-08 Volvo Cars (Holding) | Geely Holding acquired Volvo Cars from Ford. GELYF 2025 annual report repeats a 27 March 2010 Holding undertaking to sell Volvo businesses to GELYF on fair terms if independent directors request. GELYF does not consolidate Volvo Cars. | Not in GELYF wholesale total. See the Volvo Cars retail sales KPI. |
| 2023-04-28 Proton 49.9% | GELYF completed the acquisition of a 49.9% equity stake in Proton on 28 April 2023. | Proton units are printed separately. Not in Group sales volume. FY 2025 Proton 162,601. H1 2026 Proton 95,167. |
| 2025 Lynk & Co into ZEEKR | November 2024 agreement: ZEEKR acquired 20% of Lynk & Co from Geely Holding for RMB 3.6 billion and 30% from Volvo Cars China for RMB 5.4 billion. 2025 annual report: Lynk & Co became a wholly-owned subsidiary after this deal and ZEEKR privatisation. | Lynk & Co units were already in the Group sales table on a 100% basis while it was a JV. |
| 2025 ZEEKR privatisation | 15 July 2025 announcement: Group held about 62.8% of ZEEKR on a fully-diluted basis. After the merger ZEEKR became a wholly-owned subsidiary and was delisted from the NYSE. | ZEEKR units were already in the Group sales table. |
| Period | Geely brand | ZEEKR | Lynk & Co | Printed total |
|---|---|---|---|---|
| FY 2025 target (set Jan 2025) | 2,000,000 | 320,000 | 390,000 | 2,710,000 |
| FY 2025 actual | 2,449,939 | 224,133 | 350,495 | 3,024,567 |
| FY 2026 target (set Jan 2026) | 2,750,000 | 300,000 | 400,000 | 3,450,000 |
| H1 2026 actual | 1,100,373 | 178,370 | 144,215 | 1,422,958 |
Geely founded in Taizhou by Li Shufu as a refrigerator parts manufacturer; pivots to motorcycles in 1994 and to passenger cars in 1997, becoming China's first private automaker.
Acquires Volvo Cars from Ford for $1.8B: gaining advanced safety, platform, and powertrain IP that later seeds Geely's CMA platform and EV programs. The first major Chinese acquisition of a Western premium brand.
Acquires majority stake in Lotus Cars from Proton; expands Geely portfolio toward electric performance and lays foundation for Lotus's all-EV pivot under the Eletre and Emeya.
Volvo and Geely announce that Polestar will become a standalone EV-only performance brand: establishing Geely's multi-brand EV portfolio approach (Volvo, Polestar, then Zeekr, Lynk & Co, Lotus EV).
Li Shufu acquires 9.7% stake in Daimler ($9B): making Geely Daimler's largest shareholder; later helps anchor smart EV JV (Geely-Daimler 50/50) and reshapes Mercedes' China strategy.
Polestar 2 unveiled: Polestar's first BEV and a direct competitor to the Tesla Model 3, built in Luqiao, China on the CMA platform shared with Volvo and Geely.
Founds Zeekr as a premium EV-only brand on the new SEA architecture: separating it from the mainline Geely brand and giving it independent leadership, capital, and design language.
Zeekr 001 launches in China; the shooting-brake EV becomes Zeekr's flagship and proves the SEA platform's ability to deliver 700+ km NEDC range.
Volvo EX30 launches on Geely's SEA platform: becoming one of Europe's most affordable BEVs at sub-€36K and a Geely-platform halo product proving global-volume capability.
Zeekr IPOs on NYSE at $21/share, raising $441M: the largest U.S. IPO by a Chinese company since 2021 and the first major U.S. listing of a new-energy vehicle brand since 2020.
Zeekr 7X launches as Zeekr's first global SUV: designed for European and Middle Eastern markets, marking Zeekr's transition from China-only flagship to multi-market mass volume.
Geely announces consolidation of Zeekr and Lynk & Co under one entity to streamline EV operations, cut overhead, and reduce platform duplication amid intensifying Chinese EV price wars.
Zeekr take-private offer announced by Geely Auto: buying out remaining ~33.4% public float in a $2.2B deal to fully consolidate Zeekr after 14 months as a public company.