Who owns Zeekr? The ownership chain, Geely Holding's stake and the 2021 deal
Facts checked Chinese holding 100%
Zeekr is Chinese. It was launched in 2021 by Geely Holding and Geely Auto as a premium electric brand and is based in Hangzhou. Zeekr Intelligent Technology listed on the New York Stock Exchange in May 2024; its current listing status should be checked against the brand page.
Zeekr was launched in 2021 by Geely Holding and Geely Automobile Holdings and listed on the New York Stock Exchange in 2024. Under the November 2024 reorganisation Geely Holding transferred its direct Zeekr holding to Geely Automobile Holdings, taking the listed company to about 62.8%. Geely Automobile Holdings then bought in the shares it did not own, paying US$2.687 in cash or 1.23 new Geely shares per Zeekr share; the merger completed on 22 December 2025, trading in Zeekr's ADSs was suspended the same day, and Zeekr became a wholly owned subsidiary of Geely Automobile Holdings, which Geely Holding controls.
The short answer
| Controlled by | Geely Holding |
|---|---|
| Stake | 100% |
| Since | March 2021 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 极氪 “JEE-kuh” |
| 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 owns Zeekr at 100% since March 2021.
Zeekr was launched in 2021 by Geely Holding and Geely Automobile Holdings and listed on the New York Stock Exchange in 2024. Under the November 2024 reorganisation Geely Holding transferred its direct Zeekr holding to Geely Automobile Holdings, taking the listed company to about 62.8%. Geely Automobile Holdings then bought in the shares it did not own, paying US$2.687 in cash or 1.23 new Geely shares per Zeekr share; the merger completed on 22 December 2025, trading in Zeekr's ADSs was suspended the same day, and Zeekr became a wholly owned subsidiary of Geely Automobile Holdings, which Geely Holding controls.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Li Shufu | Geely Holding | owns | 82.23% | 1986 |
| Geely Holding | Zeekr | owns | 100% | March 2021 |
Zeekr: questions people ask
- What does Zeekr mean?
- Zeekr explains its name in three parts: ZE for zero, E for evolving the electric era and KR for krypton, the gas that glows when electrified. The Chinese name 极氪 (Jíkè) pairs the character for 'extreme' with the character for krypton.
- Who owns Zeekr?
- Geely Automobile Holdings owns all of it. The Hong Kong-listed company bought in the Zeekr shares it did not already hold and Zeekr's New York listing ended on 22 December 2025.
- Is Zeekr sold in the United States?
- No. Zeekr sells in Europe, the Middle East, Southeast Asia, Latin America and Australia, but it has no US market and has not announced one.
- Where are Zeekr cars made?
- In China. The brand's design centre is in Gothenburg, Sweden, but production is Chinese.
Related
Sources for Zeekr
- Gasgoo, Geely Holding Group 2025 sales surpass 4.11 million, NEV penetration reaches 56%. Read .
- Geely Auto, Geely Auto Achieves Record Overseas Growth in First Half of 2026. Read .
- Zeekr Group (PR Newswire), Zeekr Group Announces Completion of Merger. Read .
- Zeekr, About Zeekr. Read . The brand's own explanation of the name and of the Gothenburg design centre; the site's market selector supplied the country list.
- Wikipedia, Zeekr (article). Read . Finding aid for the March 2021 founding, the April 2021 launch of the 001 and October 2021 first deliveries.
- Wikipedia, List of automobile manufacturers of China. Read . Zeekr listed as a Geely Holding brand.
- 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 .
- Zhejiang Geely Holding Group, Geely Holding Supports Strategic Integration between Zeekr and Lynk & Co. Read .