As the Geely Auto models started to spread in various international markets, especially in the Middle East; and Europe in the different branches of the company, due to its innovative advantages and advanced capabilities, the Chinese Geely brand cars are among the most popular cars owned by people looking for modern, functional, luxurious, and fuel-efficient vehicles at the same time.
Geely and the automotive industry
The car industry has advanced significantly in recent years due to the introduction of technology in even the tiniest aspects, including engines and designs as well as door openings and mirrors. At that time, the Chinese genie emerged, particularly in the last ten years, with one of the world’s most great brands under the name Geely; This has turned into a competition for the top ranks of cars that combine contemporary luxury, dependability, and strength in the engine and structure, while also combining fuel efficiency and environmental preservation.
Why should you be interested in the Geely brand?
Geely is one of the luxury automobile brands on the market, with the best prices. Because of their excellent quality and low fuel consumption, Geely vehicles are the pinnacle of contemporary and environmentally friendly brands.
Given its record of creating high-quality vehicles and demonstrated efficiency, Geely can be regarded as the first Chinese automaker to alter how the world views Chinese automobiles fundamentally. Geely is one of the top automotive brands accessible right now because of their numerous international accolades for their vehicles, including the Automotive Industry News Award, the World Car of the Year Award, and countless more honours.
The Geely brand is renowned for its opulent interior styling and superior driving performance. Due to its pleasant and roomy interior, it is made to appeal to all sorts of drivers. Due to its low maintenance requirements, it has also grown to be quite well-liked by its followers.
One such instance is the Geely Mongaro vehicle, introduced with a luxurious design and exceptional capabilities, creating a distinct and unmatched impression. Geely stated that it aspires to make Mongaro one of the best groups in the global automotive industry by utilizing the industry-leading CMA compact engineering—sector to match the standards of the renowned luxury vehicles, Geely Mongaro.
Jelly and spread all over the world.
Geely is now among the most well-known automotive brands in the world and isn’t only a Chinese firm anymore. It is renowned for producing a variety of high-quality vehicles and for being a trustworthy manufacturer. Geely has made a name for itself as a global brand in numerous areas, including Asia, Europe, and Africa. Geely vehicles are renowned for their power and contemporary elegance.
With its subsidiaries, Geely Auto sold more than 2 million automobiles, placing it tenth globally in the number of cars sold after its sales reached over 1.5 million vehicles in 2018, which helps to explain the company’s rapid expansion and the fact that many customers turned to it and bought its automobiles after it demonstrated its sturdiness and strength.
Furthermore, it should be mentioned that Geely operates manufacturing practically everywhere in the world, including in China, Europe (Volvo, Lotus), Malaysia (Proton), and the United States (Volvo).
Geely and the Swedish acquisition of Volvo
By purchasing the prestigious Swedish company Volvo, Geely also became the largest company to own shares in the German company Daimler (Mercedes). This gave Geely a clear development in its cars, which benefited from the experience of these two companies, combining Chinese technology and Swedish engineering. Geely is also a clear example of a company that seeks industrial development and progress in the automotive field.
Geely owns Volvo’s plants in Europe and the United States, and these two facilities export Volvo vehicles to numerous nations.
Geely and the German company Daimler (Mercedes)
The second significant move by Geely occurred in early March 2018. Li Shufu, the creator and owner of Geely, became the business’s first shareholder when he disclosed that he had purchased 9.69% of Daimler, which at the time was the parent company of the Mercedes brand.
To develop future vehicles with engineering from “Mercedes” and “Geely,” the two corporations gradually deepened their ties in 2022. In particular, they formed a 50/50 joint venture in which they purchased the Smart electric car brand. Daimler and Geely established a global project—a Chinese-based innovative enterprise to develop the brand.
In addition to the Swedish-Chinese brand Lynk & Co., Geely Holding also owns, in whole or in part, a vast number of sports and electric car firms that command a significant market share in Europe, including Volvo. Lotus. Polstar. LEVC. Zeekr. Proton. This year, it will promote its well-known brand Geely, particularly the Geometry C electric vehicle.
Geely and the French partnership with Renault
The French group announced the formation of cooperation for the production of heat- and hybrid-engine equipment with the Chinese company Geely in November of last year. With a first-year declared turnover of 15 billion euros and a new 50/50 joint venture between the two partners, the Chinese manufacturer has become a significant player in the global automobile market.
The launch of a joint venture with Renault in November of last year is also the result of a lengthy procedure between the two brands. They have done business before. Renault already relied on Geely in August 2021 since the French company needs its facilities and technology to make hybrid vehicles.
In South Korea, Renault and Geely are also partners. In May last year, Geely, the French company, and Samsung, its longtime partner in the nation, all purchased a 34% stake in Renault Korean Motors. The Busan facility will start producing thermal vehicles in 2024 using Volvo engineering.
In addition, Geely is also exploring purchasing DACIA shares from Renault to develop automobiles with internal combustion engines.
Geely economic empire
It amply demonstrates how the Chinese corporation Geely has been able to create an economic empire from various brands under its control due to its clout and extensive plans. The following is a look at it, whether by building it, acquiring it half or entirely, trying to develop it, and reaping the benefits of its historical past:
First – Geely Auto Group
- Corporation Geely
- Geometric business
- Link and Co.
- Corporation Proton
- Enterprise Lotus
- Smart Business
- Daimler owns 10% (Mercedes)
Second – Volvo Cars Group
- Volvo Corporation
- polyester company
Third – Geely Technology Group
- The Cocoa Company
- CRGT
- GEOSPACE
- TERRAFUGIA
Fourth – Geely Commercial Group for New Energy
- Verizon Auto
- LLVC Company
It should be noted that the Chinese Geely brand has recently demonstrated its prowess and superiority in the automotive industry. As a result, after 35 years, it is now the best-selling car company in China and ranks ninth in global car sales, surpassing several well-known international brands. It is the only one despite barely entering the automotive sector 25 years ago.
Anything Chinese is BAD.
Reject it.
Yes my friend