Is Lynk & Co Chinese? Yes
Facts checked Ownership as of 4 September 2026
Yes
Lynk & Co is Chinese. It was launched in 2016 by Geely Holding, originally with Volvo Cars as a shareholder in the operating company; Volvo Cars has since sold its holding to a Geely subsidiary, leaving the brand wholly within the Geely group. Its cars use platforms shared with Volvo.
Chinese holding: 100% as of 4 September 2026.
The chain
| Step | Entity | Kind | Origin |
|---|---|---|---|
| 1 | Li Shufu | person | CN |
| 2 | Geely Holding | group | CN |
| 3 | Lynk & Co | brand | CN |
Holding by holding
Li Shufu owns Geely Holding at 82.23% since 1986.
Li Shufu founded Geely Holding in 1986 and owns 82.233% of it directly; his son Li Xingxing holds 8.0583% and Ningbo Yima Enterprise Management Partnership 9.7087%, which Polestar's 2025 annual report summarises as Li Shufu owning about 91.9% directly or indirectly.
Geely Holding owns Lynk & Co at 100% since 2016.
Lynk & Co began in 2016 as a three-way venture of Geely Auto, Volvo Cars and Geely Holding. Under an equity transfer agreement of November 2024, completed in February 2025, Zhejiang Zeekr bought 20% from Geely Holding and 30% from Volvo Cars for RMB 9,104,721,000 in total and subscribed about RMB 367,347,000 of new capital, leaving Lynk & Co 51% held by Zhejiang Zeekr and 49% by another Geely Automobile Holdings subsidiary. Since Zeekr itself became wholly owned by Geely Automobile Holdings in December 2025, the whole brand now sits inside the listed arm.
Former owners
Holdings that have ended. They are here because the story needs them and are never part of the current tree.
Volvo Cars formerly held Lynk & Co at 30% from 2016 until February 2025.
Volvo Cars held 30% of Lynk & Co from its founding until Volvo Cars (China) Investment Co. transferred the stake to Zhejiang Zeekr under the November 2024 agreement, which completed in February 2025. Volvo Cars' 2025 accounts record proceeds from the divestment of the Lynk & Co shares.
Is Lynk & Co Chinese: the short answers
- Is Lynk & Co Chinese?
- Yes. Lynk & Co is Chinese. It was launched in 2016 by Geely Holding, originally with Volvo Cars as a shareholder in the operating company; Volvo Cars has since sold its holding to a Geely subsidiary, leaving the brand wholly within the Geely group. Its cars use platforms shared with Volvo.
- How much of Lynk & Co is Chinese-owned?
- 100%, as of 4 September 2026.
- Who owns Lynk & Co?
- Li Shufu sits at the top of the recorded chain. The ownership page sets out every step with its stake and date.
Related
Sources for this answer
- Wikipedia, List of automobile manufacturers of China. Read . Lynk & Co listed as a Geely Holding brand.
- MarketScreener, Volvo Car Sells Lynk & Co Stake to Zhejiang Geely's Subsidiary For $748 Million. Read . Headline confirming the sale of Volvo Cars' Lynk & Co holding to a Geely subsidiary; read via the search index.