Are Chery and Geely the same company?
2 Answers
No, Chery is a state-owned enterprise based in Anhui, while Geely is a private company headquartered in Zhejiang. Here is more information about these two automotive brands: Chery Automobile: Its automotive brands include Chery, Karry, Qoros, Cowin, and Rely, as well as two premium brands, Jaguar Land Rover. Cowin and Rely have been discontinued. The Chery brand is the largest under Chery Automobile, and the company has continuously carried out reforms and innovations, achieving significant progress in product strength and quality. Geely Automobile: Geely Holding Group owns six automotive brands: Geely, Lynk & Co, Volvo, London Electric Vehicle Company (LEVC), Proton, and Lotus.
To be honest, many people confuse domestic car brands, but Chery and Geely are completely separate companies. I remember back when there weren't so many domestic cars on the road during my childhood, Chery was already manufacturing engines in Wuhu, Anhui, while Geely was founded by Li Shufu in Taizhou, Zhejiang. These two companies have followed different development paths - Chery focuses on technological R&D, developing its own engines and transmissions, whereas Geely adopted a globalization strategy after acquiring Volvo. In terms of their relationship, they're purely competitors, currently locked in fierce competition in the new energy vehicle market. Last month at the auto show, I specifically compared them - their exhibition stands were far apart, with sales teams aggressively competing against each other.
