浙江吉利汽车研究院有限公司

What 浙江吉利汽车研究院有限公司 does

Zhejiang Geely Automobile Research Institute Co., Ltd. is the R&D and operating entity behind Geely Auto Group, a leading Chinese automobile manufacturer headquartered in Hangzhou and founded in 1997 as a subsidiary of Zhejiang Geely Holding Group (ZGH). Geely Auto Group manages multiple passenger vehicle brands (Geely Auto, Lynk & Co jointly with Volvo, and Zeekr) and produces SUVs, sedans, crossovers, and new energy vehicles across all powertrain types (pure electric, plug-in hybrid, range extender, and methanol). Core technology rests on four proprietary modular architectures — GEA, CMA, BMA, and SEA — developed with over 30,000 researchers and engineers globally across R&D centers in Hangzhou, Ningbo, Gothenburg, Coventry, and Italy, plus more than RMB 200 billion cumulative R&D investment over the past decade and 609 patents on CMA alone.

Revenue is generated primarily through hardware sales of vehicles (RMB 173.6 billion in H1 2026, up 15% YoY), with total 2025 sales of 3,024,567 units (+39% YoY) including 1,687,767 NEVs (+90% YoY) and 2025 cumulative global sales exceeding 20 million units. The go-to-market combines authorized dealer networks (2,000+ retail/service locations across 114+ overseas markets), a dedicated corporate and fleet sales division serving government agencies, taxi operators, ride-hailing platforms (including Caocao Mobility for robotaxi pilots), and rental enterprises, plus strategic co-development partnerships and joint ventures (Ford Valencia JV for EU production from 2028, Renault powertrain JV, Smart brand JV with Mercedes-Benz). The group holds strategic stakes in Volvo Cars (100%, acquired 2010), PROTON (49.9%), Lotus (51%), Daimler (9.69%), Aston Martin (~17%), and AB Volvo, with additional ecosystem assets in Geespace (satellite constellation) and Terrafugia (flying cars).

Name

浙江吉利汽车研究院有限公司

Legal name

Geely Automobile International Corporation

Website

https://geely.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Geely Auto Group is a leading Chinese automobile manufacturer managing the Geely, Lynk & Co, and Zeekr passenger vehicle brands across SUVs, sedans, and new energy vehicles on four proprietary modular architectures, serving consumer, corporate, and fleet customers in 114+ global markets.

Ownership category

akta.pro rank

Product category

Automotive Research and Development

NAICS

Motor Vehicle Body and Trailer Manufacturing (33621), Motor Vehicle Parts Manufacturing (3363), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635)

SIC

Motor Vehicles & Passenger Car Bodies (3711), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Passenger Vehicle Electrical & Electronics Manufacturing (ICE) (IMACAAAK)

akta.pro secondary industries

Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ), Automotive Instrument Clusters, Displays & HMI Electronics Manufacturing (IMACAJAG)

Keywords

• Automotive research services
• Modular vehicle platforms
• Electric powertrain development
• Intelligent driving systems
• Vehicle engineering design

Headquarters

HQ city

台州市, 浙江省

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Vehicle Sales (Geely, Lynk & Co, Zeekr brands): Core revenue from manufacturing and selling passenger vehicles under multiple brands. Includes SUVs, sedans, crossovers, and new energy vehicles across global markets. H1 2026 revenue reached RMB 173.6 billion with 1.42 million vehicle sales.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

浙江吉利汽车研究院有限公司 is the central automotive research and product development institute of Geely Auto Group, responsible for designing and engineering passenger vehicles and modular vehicle architectures (GEA, CMA, BMA, SEA) that underpin the group's Geely, Lynk & Co, and Zeekr brands. The institute develops intelligent cockpit software (Flyme Auto), advanced driver assistance systems (G-ASD 4.0), electric and hybrid powertrains (EM-i, 11-in-1 E-Drive), and purpose-built robotaxi prototypes (Eva Cab), with R&D centers in Hangzhou, Ningbo, Gothenburg, and Coventry.

Product overview

Geely Auto Group operates a diversified portfolio of passenger vehicles under multiple sub-brands (Geely, Lynk & Co, Zeekr) with product lines spanning SUVs, sedans, and MPVs. The core Geely brand offers luxury models (Monjaro), mainstream SUVs (Starray, Coolray, Okavango, Tugella), and new energy vehicles (EX2, EX5, EX5 EM-i). Vehicles are built on proprietary modular architectures: GEA (global intelligent electric architecture supporting pure electric, hybrid, range extender, and green methanol), CMA (compact modular architecture developed with Volvo), BMA (B-segment modular), and SEA (sustainable experience architecture). The group provides after-sales service through Geely Care+ and serves corporate/fleet customers with models like Dihao, Xingyue L, Galaxy Xingjian 7, Yinhe E5, Xingyuan, Boyue L, and Binyue L.

Differentiator

Problem solved

Functional benefit

Products and services

• Geely Monjaro Flagship luxury SUV built by Geely featuring 2.0TD high-power engine, 8AT transmission, premium audio and intelligent cockpit, designed for global retail and corporate fleet buyers.
• Geely Starray Mid-size SUV with 'Vision Starburst' design, 2.0TD engine producing 218 hp and 325 Nm torque, 7DCT transmission, 6 airbags and comprehensive ADAS, targeting global retail and fleet buyers.
• Geely New Coolray Compact SUV on BMA Architecture with 1.5TD engine (128kW, 290Nm) and 7-speed wet dual-clutch transmission, targeting compact-SUV retail buyers globally.
• Geely Okavango 3-row 7-seater SUV with 2.0TD engine and 7DCT, 32 seating configurations and 2360L max cargo capacity, targeting family and fleet buyers.
• Geely Tugella Sporty coupe SUV on CMA architecture with BorgWarner intelligent 4WD, 2.0TD G-power engine (Ward's 10 Best Engines 2015-2017) and 8AT transmission.
• Geely EX2 Pure electric hatchback on GEA architecture with rear-wheel-drive multi-link suspension, 11-in-1 intelligent e-drive, Flyme Auto system and 540° transparent chassis. Reached 500,000 cumulative deliveries in 14 months.
• Geely EX5 Next-generation pure electric SUV on GEA architecture with 11-in-1 intelligent electric drive (160kW peak), Flyme Auto system, Euro NCAP and ANCAP 5-star safety ratings.
• Geely EX5 EM-i (STARRAY EM-i) Plug-in hybrid SUV featuring EM-i Super Hybrid Technology with Pure, Hybrid, and Power modes, 5.2m turning radius and advanced isolated power systems.
• Eva Cab Robotaxi Purpose-built L4 robotaxi prototype integrating EEA 4.0 architecture, 2160-line digital LiDAR and G-ASD L4-ready ADAS, engineered for production-grade autonomous operation with ride-hailing partners such as Caocao Mobility.
• GEA (Global Intelligent Electric Architecture) Licensable global intelligent new energy vehicle architecture enabling pure electric, hybrid, range extender, and green methanol powertrains across all passenger segments.
• CMA (Compact Modular Architecture) Licensable compact modular vehicle platform developed with CEVT; 609 granted patents underpin safety, health, intelligence, performance, and energy-saving.
• SEA (Sustainable Experience Architecture) Open-source EV architecture with CNY 18 billion investment; hardware/system/ecology layers offer the world's largest bandwidth covering A to E segments.
• BMA (B-segment Modular Architecture) Licensable B-segment modular vehicle platform developed by nearly 100 experts from 20+ countries, serving global compact vehicle programs.
• Geely Care+ Global after-sales service program with 1+7+N parts supply system, professional precision care, rapid response, and 24/7 roadside assistance for Geely vehicle owners.
• Zeekr Brand Vehicles (8X, 9X hyper-SUVs) Premium electric vehicle brand products including the 8X (800V hybrid, 1,400hp tri-motor, 2.96s 0-100 km/h) and 9X SUVs; Zeekr has surpassed 1.76 million global users since 2016.

Quantifiable outcome

• Record H1 2026 revenue of RMB 173.6 billion, up 15% YoY
• +5 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature10 records

Partnerships

Seven partnerships are on record, tiered flagship, major, emerging and core.

• Ford Motor CompanyflagshipStrategic or Co-development Partner · 23 July 2026Joint venture at Ford's Valencia plant in Spain (Geely 34%, Ford 66%). Will produce three Ford-branded multi-energy vehicles and two electric Geely-branded models starting 2028. Plant has potential annual capacity of 500,000 units. First vehicles expected in 2028.
• Renault GroupmajorStrategic or Co-development Partner · 1 January 2024Framework agreement signed with Renault Group to create leading powertrain technology company. Partnership-led globalization strategy alongside Volvo, Proton, and Ford across local manufacturing, R&D, and supply chains.
• Daimler AGmajorStrategic or Co-development Partner · 1 January 2018Acquired 9.69% stake in Daimler AG through open market purchases. Formed 50-50 global joint venture with Daimler to own, operate and develop Smart as premium-electrified vehicle leader.
• PROTON (Malaysia)majorStrategic or Co-development Partner · 1 January 2017Strategic partnership with Malaysian national automaker PROTON. Acquired 49.9% stake in PROTON and 51% controlling stake in Lotus. Global strategic partner of Malaysian national automaker PROTON.
• Terrafugia Inc.emergingStrategic or Co-development Partner · 1 January 2017Acquired US-based flying car company Terrafugia Inc. focused on innovation, engineering and production of flying cars and technologies.
• Volvo Car CorporationcoreStrategic or Co-development Partner · 2 August 2010Geely Holding Group acquired 100% of Volvo Car Corporation shares from Ford Motor Company in August 2010. Strategic partnership enabling technology sharing, joint R&D, and brand revival for Volvo.
• Caocao MobilitymajorStrategic or Co-development PartnerRobotaxi pilots validating Eva Cab autonomous technology in Hangzhou and Suzhou. Caocao Mobility-customized version of Eva Cab launching early 2027 for production-grade L4 autonomous operation.

Scale indicators18 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Volkswagen Group: Volkswagen is the dominant European incumbent that Geely explicitly targets with its Valencia JV and European five-country launch. The Ford JV enables Geely to produce at VW's home market while building scale against VW's MEB/PPE-based EV lineup.
• Stellantis: Stellantis is a global multi-brand OEM whose European footprint and brand portfolio (Peugeot, Opel, Fiat, Jeep) compete directly with Geely's European expansion strategy, particularly in the value and mid-market segments.

Direct peers

• XPeng: XPeng is a Chinese EV peer with strong ADAS/autonomous-driving capabilities that compete with Geely's G-ASD 4.0 and Eva Cab robotaxi stack. Both target tech-savvy buyers and are pushing intelligent driving as a differentiator.
• NIO: NIO is a leading Chinese premium EV maker directly competing with Geely's Zeekr brand in the premium NEV segment. Both target tech-forward, premium-positioned Chinese consumers and are investing in battery-swap/autonomy ecosystems.
• BYD: BYD is the largest Chinese NEV manufacturer and Geely's most direct competitor across EVs, hybrids, and exports. Both compete in mass-market and mid-premium NEV segments globally, including aggressive international expansion where Geely's 158% export growth is matched against BYD's overseas push.
• Chery Automobile: Chery is one of China's largest vehicle exporters and a key domestic competitor, particularly in the A/B-segment and overseas markets where Geely's EX2 dominates. Both compete aggressively in Russia, MENA, and Latin America.
• Great Wall Motors: Great Wall is a major Chinese OEM with strong SUV and pickup portfolios competing head-to-head with Geely's SUV lineup including Haval, Tank, and Wey brands against Geely's Monjaro, Starray, and Boyue L.
• Li Auto: Li Auto is a leading Chinese range-extender and large SUV maker competing with Geely's Galaxy and Xingyue L product lines. Both pursue premium family SUV positioning in China's NEV market.
• Tesla: Tesla is the global premium EV leader whose Model Y/Model 3 compete with Geely EX5 and Zeekr models in China and increasingly in Europe. Both are investing heavily in autonomous driving and energy ecosystems as future revenue streams.

Regional players

• SAIC Motor: SAIC is China's largest state-owned auto group with MG and Roewe brands and is a direct competitor in the Chinese domestic market. SAIC's MG brand also competes with Geely's European expansion in the UK and continental markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/GeelyAutoGlobal
• YouTubeyoutube.com/channel/UCRsMLB4NqJQeMe1oTOzbYoQ/featured
• Facebookfacebook.com/GeelyAutoGlobal
• Instagraminstagram.com/geelyautoglobal
• LinkedInlinkedin.com/company/%E6%B5%99%E6%B1%9F%E5%90%89%E5%88%A9%E6%B1%BD%E8%BD%A6%E7%A0%94%E7%A9%B6%E9%99%A2%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 浙江吉利汽车研究院有限公司