332:(OEMs) and Tier 1 suppliers at the expense of innovation, quality, and technology advancement by Chinese automotive OEMs. According to Li, this has led to complacency by domestic automotive OEMs by relying on profits from foreign partners through joint ventures instead of driving their own organisations to hire talent and improve, knowing they would control half of joint ventures run with profitable overseas manufacturers that generate healthy sales. He has previously argued for state-owned automotive manufacturers to partner with privately run companies.
1333:
1149:
1345:
53:
279:
Li announced in
November 2018 that he had entered into an agreement with the China Aerospace Science and Industry Corp. to build a new line of supersonic bullet trains. The plan is for the trains to run using newly developed technology. Li said, "Core technology can't be bought. The more you use
791:
261:. It was the largest foreign purchase by a Chinese car manufacturer. Along with $ 900m of working capital from Geely and a commitment to build a Volvo factory in China, Li had a target of driving sales to 600,000 by 2015 in the domestic market.
296:
In March 2020, Li was in talks to merge Volvo with Geely in a move to create a global automaker. Both Volvo and Geely were owned by Li's investment fund
Zhejiang Geely Holding Group, but operated as separate entities.
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others' technology, the more reliant you become. We have to innovate on our own. The journey will be tough but the prospects are promising."
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784:"Geely Holding Chairman proposes reforms on Chinese automotive taxation and motorcycle regulations at annual legislative meetings"
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Li has criticized the automotive industry joint venture system in China as producing large profits for foreign
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in
November 1986; it is now the second-largest private automobile manufacturer in China.
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304:. In May 2023 Geely increased its stake to 17%, becoming the third-largest shareholder.
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316:(CPPCC). Li served as an independent non-party affiliated delegate to the
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29:
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Members of the 14th
Chinese People's Political Consultative Conference
567:
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1125:
698:
694:"Geely founder Li Shufu eyes bigger stake in struggling Aston Martin"
614:
Clover, Charles; McGee, Patrick; Campbell, Peter (28 February 2018).
1187:
1083:
490:
347:
293:'s largest shareholder, with a 9.7% stake in the German automaker.
227:
80:
1148:
846:"Geely chairman Li Shufu attacks Beijing strategy on car industry"
1115:
883:
583:"Chinese car billionaire signs deal to build 'supersonic' trains"
398:"What's in a Name? A Lot If It Links a Billionaire to China's Xi"
879:"China's Geely 'corrects' rumors about presidential family ties"
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1120:
915:
756:
197:
1245:
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969:
243:
211:
138:
443:"Ford Agrees to Sell Volvo to a Fast-Rising Chinese Company"
250:
52:
300:
In
September 2022, Shufu's group acquired a 7.6% stake in
312:
Li is a member of the 14th
National Committee of the
552:
652:"Chinese Auto Tycoon Aims to Merge Volvo and Geely"
613:
253:1.8 billion to buy Swedish automobile manufacturer
844:
650:
615:
517:
314:Chinese People's Political Consultative Conference
125:Chinese People's Political Consultative Conference
752:"CPPCC members interviewed before annual session"
1447:Delegates to the 13th National People's Congress
1363:
968:
617:"Is Chinese state behind Geely's Daimler swoop?"
210:entrepreneur. He is the founder and chairman of
475:
1108:
954:
341:
158:
1412:Chinese founders of automobile manufacturers
734:"Geely doubles stake in Aston Martin to 17%"
320:, as one of the 94 delegates from Zhejiang.
249:On 28 March 2010, Geely signed a deal worth
16:Chinese billionaire entrepreneur (born 1963)
961:
947:
903:
51:
440:
1407:Chinese football chairmen and investors
842:
1364:
648:
580:
257:from American automobile manufacturer
942:
483:"Volvo sale signed by Geely and Ford"
404:from the original on 29 November 2020
268:ranked Li the 63rd richest person in
1344:
859:from the original on 5 December 2018
824:from the original on 31 January 2018
714:from the original on 21 October 2022
649:Boston, William (10 February 2020).
595:from the original on 9 December 2018
540:from the original on 8 December 2022
794:from the original on 9 October 2021
13:
923:from the original on 24 March 2021
891:from the original on 29 April 2021
691:
630:from the original on 18 March 2018
581:Archer, Joseph (6 November 2018).
498:from the original on 29 March 2010
463:from the original on 21 April 2017
206:; born 25 June 1963) is a Chinese
14:
1458:
764:from the original on 4 March 2023
673:from the original on 3 March 2020
441:Bradsher, Keith (29 March 2010).
323:
307:
1343:
1332:
1331:
1211:Zhejiang Kandi Electric Vehicles
1147:
335:
330:original equipment manufacturers
230:. He has a master's degree from
871:
843:Sharman, Andy (29 March 2015).
836:
806:
776:
744:
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685:
642:
378:from the original on 2 May 2021
318:13th National People's Congress
607:
574:
519:"China's lucky man bags Volvo"
510:
434:
416:
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360:
272:, with a net worth of US$ 2.6
202:
193:
185:
1:
1377:People from Taizhou, Zhejiang
353:
217:
1382:Businesspeople from Zhejiang
970:Zhejiang Geely Holding Group
428:Zhejiang Geely Holding Group
346:) and the family resides in
7:
340:Li is married to Wang Li, (
10:
1463:
1397:Billionaires from Zhejiang
911:"Forbes profile: Li Shufu"
283:In 2018, according to the
18:
1437:Yanshan University alumni
1417:Automotive businesspeople
1327:
1319:Geely University of China
1296:
1255:
1220:
1156:
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1101:
1071:
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994:
987:
976:
560:"Li Shufu – Hurun report"
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237:
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88:
59:
50:
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38:
1314:Beijing Geely University
137:Founder and chairman of
658:The Wall Street Journal
1432:Chinese industrialists
1072:Geely Technology Group
566:. 2013. Archived from
396:
222:Li Shufu was born in
1199:Renault Korea Motors
570:on 31 December 2015.
1240:Mercedes-Benz Group
1051:Commercial vehicles
887:. 18 October 2018.
588:The Daily Telegraph
190:traditional Chinese
448:The New York Times
400:. Bloomberg News.
259:Ford Motor Company
232:Yanshan University
182:simplified Chinese
93:Yanshan University
1359:
1358:
1143:
1142:
1139:
1138:
1097:
1096:
692:Hotten, Russell.
528:. 5 August 2010.
494:. 28 March 2010.
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174:
113:Years active
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1205:Smart Automobile
1176:Horse Powertrain
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788:Automotive World
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852:Financial Times
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790:. 22 May 2020.
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1109:Passenger cars
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1012:Geely Geometry
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995:Passenger cars
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740:. 18 May 2023.
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270:mainland China
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1402:Living people
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1025:Lynk & Co
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525:The Economist
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336:Personal life
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178:Eric Li Shufu
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72:(age 61)
62:
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54:
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44:
37:
32:
31:
26:
22:
1422:Volvo people
1387:Geely people
1348:
1336:
1228:Aston Martin
1058:Farizon Auto
1007:Geely Galaxy
981:subsidiaries
925:. Retrieved
914:
905:
893:. Retrieved
882:
873:
861:. Retrieved
850:
838:
826:. Retrieved
817:
808:
796:. Retrieved
787:
778:
766:. Retrieved
755:
746:
737:
728:
716:. Retrieved
697:
687:
675:. Retrieved
656:
644:
632:. Retrieved
621:
609:
597:. Retrieved
586:
576:
568:the original
564:Hurun Report
554:
542:. Retrieved
523:
512:
500:. Retrieved
489:
477:
465:. Retrieved
446:
436:
427:
418:
406:. Retrieved
392:
380:. Retrieved
371:
362:
350:, Zhejiang.
339:
327:
311:
302:Aston Martin
299:
295:
289:, Li became
284:
282:
278:
266:Hurun Report
263:
248:
241:
221:
201:
177:
176:
143:Chairman of
121:Organization
116:1986–present
105:Entrepreneur
70:25 June 1963
28:
21:Chinese name
1372:1963 births
1309:Motorcycles
1246:Volvo Group
1234:Lotus Group
863:18 February
798:7 September
382:23 February
242:Li founded
208:billionaire
25:family name
1427:Lotus Cars
1392:Volvo Cars
1366:Categories
1221:Affiliates
1089:Terrafugia
1031:Radar Auto
1019:Lotus Cars
1002:Geely Auto
927:9 November
718:21 October
599:9 December
408:17 October
368:"沃尔沃李书福专访"
354:References
255:Volvo Cars
218:Early life
145:Volvo Cars
99:Occupation
66:1963-06-25
1256:Platforms
1164:Jidu Auto
977:Divisions
708:0140-0460
699:The Times
667:0099-9660
534:0013-0613
457:0362-4331
424:"Eric Li"
374:. China.
264:In 2013,
157:Wang Li (
89:Education
1338:Category
1188:Polestar
1084:Geespace
921:Archived
889:Archived
857:Archived
822:Archived
792:Archived
762:Archived
712:Archived
671:Archived
634:27 March
628:Archived
593:Archived
538:Archived
502:28 March
496:Archived
491:BBC News
461:Archived
402:Archived
376:Archived
348:Hangzhou
228:Zhejiang
203:Lǐ Shūfú
168:Children
81:Zhejiang
40:Li Shufu
19:In this
1350:Commons
1304:Benelli
1195:(49.9%)
1126:Gleagle
1116:Emgrand
988:Current
895:15 June
884:Reuters
768:15 June
677:3 March
291:Daimler
274:billion
224:Taizhou
83:, China
77:Taizhou
1248:(8.2%)
1242:(9.7%)
1193:Proton
1170:Ji Yue
1121:Englon
1102:Former
1079:Caocao
916:Forbes
828:8 June
814:"浙江日报"
757:Xinhua
706:
665:
544:3 July
532:
467:3 July
455:
372:People
238:Career
200::
198:pinyin
192::
184::
154:Spouse
23:, the
1297:Other
1236:(51%)
1230:(16%)
1213:(50%)
1207:(50%)
1201:(34%)
1184:(45%)
1182:Livan
1178:(50%)
1172:(65%)
1166:(45%)
1131:Maple
1042:Zeekr
1038:(79%)
1036:Volvo
1027:(70%)
1021:(51%)
486:(stm)
244:Geely
212:Geely
139:Geely
131:Title
1063:LEVC
929:2020
897:2023
865:2019
830:2020
800:2020
770:2023
720:2022
704:ISSN
679:2020
663:ISSN
636:2018
601:2018
546:2023
530:ISSN
504:2010
469:2023
453:ISSN
410:2018
384:2018
251:US$
60:Born
1288:SEA
1268:CMA
1263:BMA
979:and
194:李書福
186:李书福
46:李书福
27:is
1368::
1283:NL
1278:KC
1273:FE
919:.
913:.
881:.
855:.
849:.
820:.
816:.
786:.
760:.
754:.
736:.
710:.
702:.
696:.
669:.
661:.
655:.
626:.
620:.
591:.
585:.
562:.
536:.
522:.
488:.
459:.
451:.
445:.
426:.
370:.
343:王丽
276:.
234:.
226:,
214:.
196:;
188:;
160:王丽
79:,
68:)
30:Li
962:e
955:t
948:v
931:.
899:.
867:.
832:.
802:.
772:.
722:.
681:.
638:.
603:.
548:.
506:.
471:.
430:.
412:.
386:.
180:(
171:2
163:)
64:(
33:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
