How Many Brands Does Geely Auto Have?
1 Answers
Geely Auto has 9 brands. Geely Auto Group owns Geely Auto, Volvo, Proton, Lotus, London Electric Vehicle Company (LEVC), Farizon Auto, Lynk & Co, Polestar, and Geometry Auto. Among them, Lynk & Co is a joint venture brand. On August 4, 2017, Geely Holding Group, Geely Auto Group, and Volvo Cars signed a joint venture agreement, making Lynk & Co a tripartite joint venture brand, and the joint venture company was officially established. Lynk & Co is also a premium joint venture brand launched through the collaboration between Geely Auto and Volvo Cars. Polestar, known as "Ji Xing" in Chinese, is a high-performance pure electric vehicle brand jointly launched by Geely and Volvo. Polestar was founded in 2017 and is headquartered in Gothenburg, Sweden. Volvo is the brand name for Volvo Cars. Volvo Cars is a renowned Swedish luxury automobile brand. The brand was established in Gothenburg, Sweden, in 1927. In 1999, Ford Motor Company of the United States acquired Volvo Cars from the Volvo Group. In 2010, Ford sold Volvo Cars to the Chinese automotive company Zhejiang Geely Holding Group. Geely Auto has independently developed the 1.4T turbocharged engine, 1.8TD and 1.0TD direct-injection turbocharged engines, and the 7DCT dual-clutch automatic transmission. Geely Auto's lineup includes models such as the Xingyue L, Xingyue S, Xingrui, Emgrand series, Binyue, Binrui, Haoyue, ICON, Boyue series, Jiayu, Borui, and Vision series, covering various segments including sedans, SUVs, and MPVs. These models feature traditional fuel, hybrid, plug-in hybrid, and pure electric powertrains. Proton was established in 1983 as a wholly-owned subsidiary of DRB-HICOM and is Malaysia's largest automobile company. Lotus is dedicated to manufacturing world-class high-performance sports cars, including the Evora. On June 23, 2017, Geely Holding Group signed a final agreement with Malaysia's DRB-HICOM Group, announcing the acquisition of a 51% stake in Lotus. In 2013, the London Electric Vehicle Company (LEVC) was fully acquired by Zhejiang Geely Group. It focuses on the R&D and production of new energy commercial vehicles. On October 26, 2016, Geely officially launched a new brand in the new energy commercial vehicle sector, named Farizon Auto. Farizon Auto covers commercial vehicle models such as light buses, light trucks, and microvans, primarily featuring pure electric and e-GAPF range-extender powertrains. Geometry Auto is an independent new energy brand under Geely Holding, positioned as a premium pure electric brand dedicated to the R&D of pure electric new energy vehicles.