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
Automotive industry in China traditional "Big Four" domestic car manufacturers are SAIC Motor, Dongfeng, FAW and Chang’an. Other Chinese car manufacturers are Geely, Beijing Automotive Group, Brilliance Automotive, Guangzhou Automobile Group, Great Wall, BYD, Chery and Jianghuai (JAC). As of late 2018, several multinational manufacturers have partnerships with domestic manufacturers to make cars in China. Some are long-standing, such as the 30 years for Audi and FAW; granted, this alliance was not manufacturing cars in China until more recently. The main industry group for the Chinese automotive industry is the China Association of Automobile Manufacturers (中国汽车工业协会). China has its traditional “Big four” state-owned domestic