Li Shufu Li Shufu Li Shufu (; born 25 June 1963), is a Chinese businessman, and the chairman of Zhejiang Geely Holding Group Co. Ltd. and Volvo Cars. Li Shufu was born in Taizhou, Zhejiang, China in 1963. He was launched as the founder and chairman of Geely Automobile in 1986, which is the second largest private automobile manufacturer in China. Currently, He resides in Hangzhou, the capital city of Zhejiang province. In 2013, Hurun Report ranked Li the No. 63 richest person in mainland China, with a net worth of US$ 2.6 billion. Li announced in November 2018 that he has
Geely leading compact modular architecture. The company has also invested in establishing colleges across China including the Beijing Geely University, Zhejiang Automotive Technical School, Hunan Geely Automotive Technical. The company has students enrolled within its schools with the goal of developing Chinese automotive industry talents. In 2013, 16 trainees from this program started their careers in Geely Group. A small Geely sedan, the CK, performed badly in an informal crash test conducted by a Russian magazine in 2007. As a result, Geely reviewed its expansion plans. A 2009 1.3-liter Geely CK 1 model without airbags earned a zero-star rating in a