Geely Auto Group is a leading automobile manufacturer based in Hangzhou, China and was founded in 1997 as a subsidiary of Zhejiang Geely Holding Group. Geely Auto Group sells vehicles under the Geely Auto brand and holds a 50% stake in the LYNK & CO brand. The company employs more than 50,000 people and operates 12 plants. Geely vehicles are sold through a network of over 1000 dealerships in China and some 350 sales and service outlets in overseas markets. The company has been listed on the Hong Kong stock exchange since 2005. In 2018, Geely Auto Group sold a record high 1,500,838 units, an increase of 20.3% from previous year. Founding Geely in 1986 as a refrigerator maker with money borrowed from family, Li Shufu transformed the company into a success selling inexpensive products to Chinese consumers. After the purchase of a failing, state-run firm, Geely manufactured motorcycles in the mid-1990s. Small van production began in 1998, and a year later, it received state approval to manufacture automobiles. Car production began in 2002. A subsidiary of the group, Geely Auto, had its IPO on the Stock Exchange of Hong Kong in 2004. The company had a booth at the 2005 Frankfurt Motor Show, and a 2006 showing at the Detroit auto show. Geely approached Ford in mid-2008 about a possible takeover of Volvo Cars. On October 28, 2009, it was named as the preferred buyer of Volvo by the American automaker. A deal was reached in late March and completed in early August, 2010. In 2010, total sales of over 415,000 units gave the company a near 2% market share. Sales were lower than a reported 680,000 units per year production capacity. In December 2011, it was announced that Geely would begin selling Chinese-designed and -manufactured cars in the United Kingdom at the end of 2012, with the first model to go on sale being the Emgrand EC7. The company has also stated its intention to begin sales in Italy. In May 2017, Geely confirmed plans to purchase a 51% controlling-stake in Lotus Cars from its owner, DRB-HICOM. Additionally, Geely plans to purchase a 49.9% stake in PROTON Holdings, to facilitate future export growth in right-hand drive markets. The deals were seen as an important step for the Chinese carmaker in their quest to make inroads into the lucrative ASEAN region. In July 2017 the company purchased Terrafugia, an American maker of flying cars. In November 2017, Geely announced completion of the Terrafugia acquisition, including approval from all relevant regulators. In December 2017, Geely invested €3.25 billion into Swedish truck and construction company Volvo Group, a former parent company of Volvo Cars. The deal has made the company the biggest shareholder with 8.2% of stake and 15.6% of voting rights. Furthering its expansion and reach, Geely purchased a 9.7% stake in Daimler-Benz, parent of Mercedes-Benz.
Aston Martin Lagonda Global Holdings manufacture luxury sports cars and grand tourers independently. Lionel Martin and Robert Bamford founded it in 1913. Steered from 1947 by David Brown, it became associated with expensive grand touring cars in the 1950s and 1960s, and with the fictional character James Bond following his use of a DB5 model in the 1964 film Goldfinger. People regard their sports cars as a British cultural icon. Aston Martin has held a Royal Warrant as purveyor of motorcars to the Prince of Wales since 1982. It has over 150 car dealerships in over 50 countries on six continents, making them a global automobile brand. Investors trade the company at the London Stock Exchange and is a constituent of the FTSE 250 Index. It received the Queen's Award for Enterprise for outstanding contribution to international trade in 2003.
Aston Martin Lagonda Global Holdings manufacture luxury sports cars and grand tourers independently. Lionel Martin and Robert Bamford founded it in 1913. Steered from 1947 by David Brown, it became associated with expensive grand touring cars in the 1950s and 1960s, and with the fictional character James Bond following his use of a DB5 model in the 1964 film Goldfinger. People regard their sports cars as a British cultural icon. Aston Martin has held a Royal Warrant as purveyor of motorcars to the Prince of Wales since 1982. It has over 150 car dealerships in over 50 countries on six continents, making them a global automobile brand. Investors trade the company at the London Stock Exchange and is a constituent of the FTSE 250 Index. It received the Queen's Award for Enterprise for outstanding contribution to international trade in 2003.
Aston Martin Lagonda Global Holdings manufacture luxury sports cars and grand tourers independently. Lionel Martin and Robert Bamford founded it in 1913. Steered from 1947 by David Brown, it became associated with expensive grand touring cars in the 1950s and 1960s, and with the fictional character James Bond following his use of a DB5 model in the 1964 film Goldfinger. People regard their sports cars as a British cultural icon. Aston Martin has held a Royal Warrant as purveyor of motorcars to the Prince of Wales since 1982. It has over 150 car dealerships in over 50 countries on six continents, making them a global automobile brand. Investors trade the company at the London Stock Exchange and is a constituent of the FTSE 250 Index. It received the Queen's Award for Enterprise for outstanding contribution to international trade in 2003.
Prism Entertainment is a provider of visual effects solutions. It uses holographic, VR, AR and holographic technologies to create holographic theater lines and improve the traditional media communication. The main business covers holographic content development, Magic Light Factory Theatre. The panoramic holographic interpretation of the three modules.
Beijing Weilan New Energy Technology Co., Ltd. is a high-tech enterprise focusing on the development and production of next-generation all-solid-state batteries. One of the battery companies with patents and technologies for all solid-state battery cores. With the core concept of “Huijuwei Blue, Leading Solid State”, the company has a leading domestic and international leading technology and development team.
Private Equity Round in 2022
Developer and manufacturer of industrial robots and automated logistics equipment. The company's product categories are mainly divided into right-angle robot series, joint robot series, woodworking automation series and logistics automation solutions, enabling business with automation in the electronics, home appliances, automobile, logistics and other fields.
Caocao Chuxing is a ride-hailing service based in Hangzhou, China, that specializes in electric vehicle sharing. Founded in 2015, the company provides an energy-focused mobility solution that aims to create zero emissions and zero pollution through the use of electric vehicles. With an end-user software application, Caocao Chuxing facilitates convenient and sustainable transportation options throughout various cities in China. As a subsidiary of Geely Holdings, Caocao Chuxing is committed to promoting environmentally friendly travel alternatives in the growing ride-hailing market.
Volocopter GmbH is a German company specializing in urban air mobility by manufacturing electric helicopters for passenger transport. Founded in 2011 and based in Bruchsal, the company develops innovative products such as the Volocity air taxi designed for urban environments and the Volocopter 2X, a vertical take-off and landing (VTOL) aircraft. Volocopter's services are accessible through a dedicated application, which supports piloted, remote-controlled, and fully autonomous flight options. The company has achieved significant milestones, including receiving provisional licensing for a two-seater Volocopter from the German aviation authority in 2016 and entering a partnership with RTA Dubai in 2017 to launch an autonomously flying air taxi. Volocopter aims to transform urban transportation with its advanced aerial mobility solutions.
Zeekr is a rapidly growing company focused on developing and manufacturing premium battery electric vehicles (BEVs). The company specializes in various aspects of automotive technology, including BEV architecture, hardware, and software innovations. Zeekr aims to lead the electrification and intelligentization of the automobile industry by offering next-generation electric vehicles and technology-driven solutions. In addition to vehicle production, Zeekr is engaged in the commercialization and sales of electric vehicles and batteries, as well as providing research and development services related to automotive technologies.
Faraday Future is a design and technology company focused on revolutionizing the transportation sector through innovative solutions. The company aims to address the evolving needs of consumers by integrating advancements in energy, artificial intelligence, and shared mobility. By blurring the lines between the automotive industry and technology sectors, Faraday Future seeks to create a global ecosystem that redefines transportation, content, and vehicle ownership. Their approach reflects a response to modern challenges such as urban congestion and changing lifestyles, emphasizing a commitment to developing vehicles that align with contemporary demands.
Volocopter GmbH is a German company specializing in urban air mobility by manufacturing electric helicopters for passenger transport. Founded in 2011 and based in Bruchsal, the company develops innovative products such as the Volocity air taxi designed for urban environments and the Volocopter 2X, a vertical take-off and landing (VTOL) aircraft. Volocopter's services are accessible through a dedicated application, which supports piloted, remote-controlled, and fully autonomous flight options. The company has achieved significant milestones, including receiving provisional licensing for a two-seater Volocopter from the German aviation authority in 2016 and entering a partnership with RTA Dubai in 2017 to launch an autonomously flying air taxi. Volocopter aims to transform urban transportation with its advanced aerial mobility solutions.
Prism Entertainment is a provider of visual effects solutions. It uses holographic, VR, AR and holographic technologies to create holographic theater lines and improve the traditional media communication. The main business covers holographic content development, Magic Light Factory Theatre. The panoramic holographic interpretation of the three modules.
Private Equity Round in 2018
Daimler AG, headquartered in Stuttgart, Germany, is a prominent automotive company engaged in the development and manufacturing of passenger cars, trucks, vans, and buses on a global scale. The company operates through several divisions, including Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Mobility. The Mercedes-Benz Cars division focuses on premium vehicles, offering brands such as Mercedes-AMG, Mercedes-Maybach, and electric mobility products under the EQ brand. Daimler Trucks provides trucks and buses under various brands, including Freightliner and Thomas Built Buses. Additionally, Daimler Mobility offers tailored financing, leasing, insurance, and fleet management services. Founded in 1886 by automotive pioneers Gottlieb Daimler and Carl Benz, Daimler AG is committed to innovation and sustainability, investing in alternative drive technologies and intelligent connectivity, aiming for emission-free and autonomous driving solutions.
Caocao Chuxing is a ride-hailing service based in Hangzhou, China, that specializes in electric vehicle sharing. Founded in 2015, the company provides an energy-focused mobility solution that aims to create zero emissions and zero pollution through the use of electric vehicles. With an end-user software application, Caocao Chuxing facilitates convenient and sustainable transportation options throughout various cities in China. As a subsidiary of Geely Holdings, Caocao Chuxing is committed to promoting environmentally friendly travel alternatives in the growing ride-hailing market.
Terrafugia, based in Woburn, Massachusetts, is a pioneering company focused on transforming personal mobility through innovative aircraft design. Founded in 2006 by five MIT graduates, the company aims to revolutionize transportation with its prototype flying car, the TF-X. This vehicle combines the functionalities of a car and an airplane, featuring all-electric operation and vertical takeoff and landing (VTOL) capabilities. The TF-X is equipped with computer-controlled flight and autonomous technologies, allowing users to enjoy the convenience of driving paired with the speed of flight. Terrafugia's team of award-winning engineers, supported by a strong network of advisors and private investors, is dedicated to advancing the state of personal aerial mobility.
Lotus is the industry benchmark for ride and handling in performance cars. Sports cars that are telepathic to a driver’s touch. To paraphrase Julia Roberts in Pretty Woman, they corner like they’re on rails. They are agile, uncompromising, simple yet technologically prodigious. The design, materials and manufacturing processes are state-of-the-art, the engineering visionary, and they are hand-built in England by passionate artisans obsessed with performance, refinement and dynamic excellence. For 60-years Lotus has been one of Britain’s most iconic achievements.
Proton Holdings Berhad is an automotive manufacturer based in Subang Jaya, Malaysia. The company engages in the production, assembly, and sale of motor vehicles, including sports cars, as well as related products and accessories. In addition to manufacturing, Proton Holdings is involved in the importation, distribution, and wholesale of motor vehicle parts and components. Through its subsidiaries, the company aims to meet the demands of the automotive market primarily within Malaysia.
Saxo Bank is a Danish licensed bank that specializes in online trading and investment, offering access to global financial markets and a diverse range of asset classes. Founded in 1992 and headquartered in Hellerup, Denmark, the bank has developed multiple trading platforms, including SaxoTrader, SaxoWebTrader, and a mobile trading app, which allow clients to trade various instruments from a single account. The institution aims to democratize trading by providing everyday investors with the same tools and market access as professional traders. Additionally, Saxo Bank's Institutional Division, Saxo Markets, caters to institutional clients, offering services such as prime brokerage, portfolio management, and liquidity solutions. The bank operates in 180 countries and employs over 2,600 people in financial centers worldwide, facilitating a seamless trading experience for both private and institutional clients. With a strong focus on technology, Saxo Bank's platforms support over 60,000 instruments, including equities, ETFs, bonds, options, futures, and forex.
Ninghai Zhidou Electric Vehicles Company Limited, founded in 2015, specializes in designing and manufacturing electric vehicles, primarily focusing on urban micro-traveling solutions. As a joint venture involving Geely Holding Group, XDY Machinery and Electronics Group, and GSR Ventures, Zhidou boasts a registered capital of RMB 1.1 billion and employs over 2,600 people. The company has been recognized for its innovative approach, winning the second prize of the National Technology Invention Award in 2016. Zhidou's core products are pure electric vehicles tailored for urban environments, and the company has established a comprehensive ecosystem encompassing research and development, production, sales, and operation of electric vehicles. With a significant presence in both domestic and international markets, Zhidou has sold over 72,000 vehicles by 2017, capturing a notable share of the new energy vehicle sector. The company aims to address urban transport challenges through its Micro-Traveling concept and collaborates with various industry partners to create an integrated platform that enhances the efficiency and sustainability of urban transportation systems.
Emerald Automotive bringing the t-001 range-extended, hybrid delivery van to the market, specifically to service the needs of fleet operators. Emissions: The t-001 offers fleet operators an 80% reduction in emissions compared with conventional vehicles in the same class
Manganese Bronze Holdings is an automotive company and manufacturer of London cab.
Volvo operates through two main divisions: the Volvo Group and Volvo Cars. The Volvo Group manufactures and sells trucks, buses, construction equipment, and marine and industrial engines across various regions including Europe, North America, and Asia. It offers products under multiple brands such as Volvo, UD Trucks, and Mack, and provides comprehensive services including financing, maintenance, and spare parts through a wide network of dealerships. Founded in 1915 and headquartered in Gothenburg, Sweden, the Volvo Group is a significant player in the transportation and construction sectors. On the other hand, Volvo Cars, a subsidiary of Geely Holdings, designs and sells premium passenger vehicles, including sedans, SUVs, and wagons, emphasizing Scandinavian design and innovation. Established in 1927, Volvo Cars operates globally, with major markets in the United States, China, and Europe. The company is committed to sustainability and advancing electric mobility solutions. Together, these divisions illustrate Volvo's extensive reach and dedication to quality, innovation, and environmental responsibility in the automotive and transport industries.