Who owns Radar? The ownership chain, Geely Holding's stake and the 2022 deal
Facts checked Chinese holding 100%
Radar is Chinese. It is Geely Holding's electric pickup brand, aimed at leisure and light commercial buyers.
Radar New Energy Vehicle (Zhejiang) Co., Ltd. was launched in 2022 as an electric pickup and outdoor-lifestyle brand, with R&D in Hangzhou and a plant in Zibo, Shandong. It has since been consolidated into Geely Auto. Outside China it trades as Riddara because of a trademark conflict with a Singaporean tyre brand.
The short answer
| Controlled by | Geely Holding |
|---|---|
| Stake | not published |
| Since | 2022 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 雷达 “LAY-dah” |
| Top of the chain | Li Shufu |
| Is it Chinese? | Yes |
The chain, step by step
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 controls Radar since 2022.
Radar New Energy Vehicle (Zhejiang) Co., Ltd. was launched in 2022 as an electric pickup and outdoor-lifestyle brand, with R&D in Hangzhou and a plant in Zibo, Shandong. It has since been consolidated into Geely Auto. Outside China it trades as Riddara because of a trademark conflict with a Singaporean tyre brand.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Li Shufu | Geely Holding | owns | 82.23% | 1986 |
| Geely Holding | Radar | controls | controls | 2022 |
Radar: questions people ask
- Who owns Radar?
- Geely. Radar New Energy Vehicle (Zhejiang) Co., Ltd. was launched by Geely in 2022 and has since been consolidated into Geely Auto.
- Why is Radar called Riddara abroad?
- Because the Radar name is already claimed. A Singaporean tyre company holds the trademark in export markets, so Geely respelled the brand as Riddara outside China.
- Is the Radar pickup electric?
- Yes. Radar builds only electric vehicles, and the RD6 is a battery-electric dual-cab pickup.
Related
Sources for Radar
- Wikipedia, Geely Radar (article). Read . The only source found for the brand's company name, the Zibo plant, the Riddara export name and the consolidation into Geely Auto.
- Riddara, RIDDARA international site. Read . The export brand's own site; only a Thailand market site was linked from it on this date.
- Wikipedia, List of automobile manufacturers of China. Read . Geely Holding's brand portfolio.
- Lotus Technology Inc (U.S. Securities and Exchange Commission), Lotus Technology Inc., Form 20-F for the year ended 31 December 2025, Item 6.E Share Ownership, footnote 6. Read . Percentages as disclosed for 28 February 2026.
- Polestar (U.S. Securities and Exchange Commission), Polestar Automotive Holding UK PLC, Form 20-F for the year ended 31 December 2025, Item 7.A. Read .