The Derways Automobile Company was a Russian automaker located in Cherkessk, Karachay-Cherkessia. The company was founded in 2003 as the first private car manufacturer of Russia and as a part of the Russian Mercury Group. Since June 2007 the company is building 100,000 units for the local market within a joint venture with the Chinese firms Lifan Group and Liaoning SG Automotive Group Co., Ltd. The second plant of Derways was opened in the fall 2009. About 3,000 workers were employed by Derways.

Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding or simply Geely, is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately owned by Chinese entrepreneur Li Shufu. It was founded in 1986 and entered the automotive industry in 1997 with its subsidiary Geely Auto. As of 2023, the company ranks 225 in the 2023 Fortune Global 500 list of the world's largest companies.