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Geely Automobile Holdings Ltd - Stock Quote GELYF

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Morningstar's Geely Automobile Holdings Ltd Stock Analysis

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Economic Moat

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Geely Automobile Holdings Ltd's Company Profile

Business Description

Based in Hangzhou, Zhejiang province, Geely Automobile Holdings manufactures and sells passenger vehicles and automotive parts. Geely is the largest local brand manufacturer and the third largest passenger vehicle brand in terms of sales volume in China. The firm formed a joint venture with Volvo in 2016 to build cars under the Lynk & Co brand. The new brand targets a young audience with sales and marketing approaches closely resembling those of modern lifestyle brands. Including Lynk & Co, Geely sold about 1.3 million cars in 2021. The domestic market accounts for more than 90% of Geely’s revenue, with the rest coming from other parts of the world.

Contact
23 Harbour Road, Room 2301, 23rd Floor, Great Eagle Centre
Hong Kong, Hong Kong
T +852 25983333
Sector Consumer Cyclical
Industry Auto Manufacturers
Most Recent Earnings
Fiscal Year End Dec 31, 2022
Stock Type
Employees 44,000