Geely 吉利
The group behind Polestar and smart — and the only Chinese conglomerate that owns Volvo. The question every buyer should ask: will it still be here to honour the warranty?
Will it survive?
Our bankruptcy & warranty-risk read — from group scale, financial health and UK commitment.
Geely’s ownership of Volvo — a globally trusted brand with 100k UK sales/yr — gives it a financial backstop and brand credibility no other Chinese group has. Polestar and smart both sit on Volvo-co-developed platforms. The main watch point is profitability: Polestar has been loss-making and Geely’s premium-brand expansion is ambitious. But the parent has the assets to absorb losses.
The brand family tree
The badge on the bonnet rarely tells you who built it. Here’s the group behind each one.
Geely group cars on sale here
Low survival risksmart #1
smartUKMade by smart · Geely group · BEV
Low survival riskPolestar 2
极星UKMade by Polestar · Geely group · BEV
Prices from Polestar UK · smart UK · Updated 3 Jul 2026
Group-level owner sentiment · 汽车之家 autohome.com.cn · Updated 3 Jul 2026
Geely’s Volvo ownership gives it a financial cushion that no other Chinese group can match. Both UK models — Polestar 2 and smart #1 — share Volvo-co-developed platforms, meaning engineering provenance is genuinely European. The warranty risk is low; the open question is Polestar’s path to profitability and UK resale value for the smart badge.