Early Life
Eric Li Shufu was born in Taizhou, Zhejiang, China, on June 25, 1963. He holds a master's degree from Yanshan University. Li's childhood in Taizhou sparked his interest in business and innovation.
Rise to Success
Li founded Geely in November 1986. Geely has grown into the second-largest private automobile manufacturer in China. A pivotal moment was the 2010 acquisition of Volvo Cars from Ford Motor Company. Li's leadership has been instrumental in Geely's expansion and success, including venturing into electric vehicle brands like Zeekr Intelligent Technology and Lynk & Co.
Key Business Strategies
Li's strategies include continuous technological innovation, talent development, and strengthening core competitiveness. Geely has expanded globally, producing over 3.33 million vehicles in 2024, including 1.48 million new energy vehicles. Geely has also focused on green and low-carbon technologies and has invested heavily in research and development. Li has also increased his industry influence by acquiring a stake in Aston Martin in September 2022.
Philanthropy
The Zhejiang Geely Holding Group and the Li Shufu Foundation pledged HK$10 million in support of emergency disaster relief due to a fire in Tai Po, Hong Kong.