Li Shufu is chairman of Geely Automobile Holding Co Ltd, a privately owned carmaker in China. The company, whose name means "auspicious benefit" in Chinese, began making cars in 1998.

When Li Shufu's Zheijang Geely Holding Group Co. bought Volvo cars from Ford Motor Co. in 2010, few could have imagined that he would invest $11 billion -- and with such swift success -- to ...

Polestar said on Monday it had secured a $200 million equity investment from major shareholder PSD Investment, a company ...

Geely's chairman and founder Li Shufu said on Saturday that the global automotive industry was facing "serious overcapacity" ...

Swedish electric car manufacturer Polestar has announced a capital increase totalling 200 million US dollars. The money comes ...

The Chinese automaker's chairman and founder Li Shufu has cautioned the industry about expansion amid a production glut.

When Geely listed Volvo Car AB in 2021, Li Shufu hailed the turnaround of the “tiger” that he’d bought 11 years earlier, and said the job now was to “give that tiger wings.” ...

It makes some well-designed, very quick and fairly affordable vehicles, but have you ever wondered where are those EVs built ...

Amid subsidy criteria and ongoing global tariff conflicts, localised production in Europe and the US has become an increasingly relevant topic for Chinese ...

While numerous Chinese businesses established themselves in South Carolina during Haley’s tenure, Li Shufu stands out. On paper, Li is an impressive businessman.