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Group · China · since 1986

GeWhat does Geely own?

Geely has no controlling parent company as of 2026. Geely controls Zeekr, Volvo Cars, Polestar, Lotus and smart. It also holds minority stakes in Proton (49.9%), Renault Korea (34%), Aston Martin (17%) and Mercedes-Benz (9.7%).

See Geely on the map

Ownership timeline

19801990200020102020→ Volvo CarsVolvo Cars 100%, 2010–2021100%Volvo Cars 79%, 2021–today79%→ PolestarPolestar 50%, 2017–202450%Polestar 66%, 2024–today→ LotusLotus 51%, 2017–today51%→ ProtonProton 49.9%, 2017–today49.9%→ Mercedes-BenzMercedes-Benz 9.7%, 2018–today9.7%→ smartsmart 50%, 2020–today50%→ ZeekrZeekr 100%, 2021–today100%→ Renault KoreaRenault Korea 34%, 2022–today34%→ Aston MartinAston Martin 17%, 2023–today17%

← rows are shareholders in Geely. → rows are stakes Geely held in others. Darker bars mean bigger stakes.

Every stake, year by year

YearsStakeWho
2010–2021100%Holds Volvo Cars
Bought from Ford · view 2010 on map
2017–today51%Holds Lotus · view 2017 on map
2017–202450%Holds Polestar · view 2017 on map
2017–today49.9%Holds Proton · view 2017 on map
2018–today9.7%Holds Mercedes-Benz · view 2018 on map
2020–today50%Holds smart · view 2020 on map
2021–today100%Holds Zeekr · view 2021 on map
2021–today79%Holds Volvo Cars
Volvo Cars listed in Stockholm · view 2021 on map
2022–today34%Holds Renault Korea · view 2022 on map
2023–today17%Holds Aston Martin · view 2023 on map
2024–today66%Holds Polestar
Approximate · view 2024 on map

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Brands controlled by Geely

Quick answers

Who owns Geely?
Geely has no controlling parent company as of 2026.
When was Geely founded?
Geely dates back to 1986. It is headquartered in Hangzhou, China.
What does Geely own?
Geely controls Zeekr, Volvo Cars, Polestar, Lotus and smart. It also holds minority stakes in Proton (49.9%), Renault Korea (34%), Aston Martin (17%) and Mercedes-Benz (9.7%).

Stakes are approximate, rounded from public filings and press coverage. Badges are original monograms, not manufacturer logos, and no manufacturer endorses this site. Some links are affiliate links; we may earn a commission from qualifying purchases at no cost to you.