July 14 – According to the latest sales data released by Geely Holding Group:

In the first half of 2025, Geely sold a total of 1,931,698 vehicles, up 30% year-on-year. This includes 1,001,496 new energy vehicles (NEVs), surging 73% compared to last year, with NEVs making up 52% of total sales.

Looking at Q2 alone (April-June), Geely sold 985,105 vehicles, a 29% increase, including 538,124 NEVs (up 65%). NEV penetration reached 55% this quarter.

This marks Geely’s third consecutive quarter with sales steadily exceeding 900,000 vehicles. Moreover, the company’s NEV sales surpassed 1 million in just six months – a new historical record.

Geely’s breakthrough in selling over 1 million new energy vehicles in the first half of 2025, with growth rates far outpacing the industry, clearly demonstrates the success of its strategic transformation.

In September 2024, Geely Holding Group issued the Taizhou Declaration, outlining five key strategies: strategic focus, integration, synergy, stability, and talent development, marking the start of its new transformation phase.

Early this year, Geely held meetings to explain how to implement the Taizhou Declaration, setting clear goals: to sell over 5 million vehicles annually by 2027, become a leader in electric and intelligent transformation, and build a competitive green smart mobility ecosystem.

The group also announced its 2030 vision: to lead the green intelligent mobility ecosystem. To achieve this, Geely introduced the “One-Three-Three” strategy:

• One guideline: the Taizhou Declaration
• Three transformations: organizational/cultural, competitiveness, and management model
• Three business areas: vehicle manufacturing, core components, and ecosystem development

Guided by these plans, Geely completed major brand restructuring in the first half of this year, forming two main automotive divisions: Geely Auto Group (combining Geely, Radar, and LEVC brands for mass market) and Zeekr Technology Group (combining Lynk & Co and Zeekr for premium segments).

This strategic transformation has significantly improved Geely’s market performance in vehicle sales.

According to the latest data, Geely Automobile Holdings Limited (0175.HK) sold 1,409,180 vehicles in the first half of 2025, a 47% year-on-year increase. Notably, new energy vehicle (NEV) sales (including Geely, Lynk & Co, and Zeekr) surged to 725,151 units, up 126% compared to the same period last year. Due to this strong performance, Geely has raised its full-year sales target from 2.71 million to 3 million vehicles.

Brand Performance Breakdown

• Geely Galaxy: Sold 548,408 units, up 232%, already surpassing half of its annual “1 million Galaxy” sales target.
• Lynk & Co: Delivered 154,137 vehicles, a 22% increase.
• Zeekr: Achieved 90,740 sales.
• Traditional Fuel Vehicles: The Geely China Star series maintained its dominance, selling 615,895 units—remaining the top-selling Chinese fuel vehicle brand for 16 consecutive months.

Global Expansion & Overseas Success

Geely’s overseas exports reached 184,114 units, marking a major breakthrough in global market expansion:

• Geely International: The EX5 model launched in six Adriatic markets, bringing smart mobility solutions to new regions.
• Zeekr: Expanded in Hong Kong & Macau, with its charging network (Zeekr Power) partnering with EV Power (Hong Kong) to access 170+ charging stations and 2,300+ terminals. Hong Kong serves as the first stop in Zeekr’s global charging strategy.
• Lynk & Co: Continued strong growth in Europe, surpassing 10,000 overseas sales in H1—setting a benchmark for high-quality Chinese auto exports.

Geely’s dual-track success—booming NEV sales and sustained fuel vehicle leadership—along with its global market breakthroughs, reinforces its position as a leader in China’s automotive industry.

Additionally, Volvo Cars sold 353,780 vehicles in the first half of 2025, including 155,019 new energy vehicles globally, with a new energy adoption rate of 44%. In China, Volvo sold 13,569 vehicles in June, bringing its total sales in mainland China to 70,298 by the end of June.

In the first half of the year, Volvo launched several key products, including the all-new XC90, S90, and XC60, refreshing these classic models to meet diverse customer needs while strengthening the foundation for Volvo’s 2025 growth. In the second half of the year, Volvo will focus on electrification and smart technology, steadily advancing product upgrades.

Polestar sold 30,319 vehicles in the first half of the year, a 51% increase compared to the same period last year. The brand also entered the French market. Its charging network, Polestar Charge, has become one of the largest public charging networks in Europe.

Farizon New Energy Commercial Vehicles sold 64,443 units in the first half of the year, a 55% year-on-year increase. Its Farizon Super VAN will be deployed as a new energy taxi in Hong Kong’s public transport system, supporting the city’s green mobility and energy transition.

In core components and ecosystem development, under its “Integrated Space-Air-Ground” technology strategy, Geely Holding has shifted from heavy R&D investment to harvesting results, focusing on smart electrification in the auto industry.

Geely has now applied AI across all domains of smart vehicles—architecture, powertrain, chassis, and cockpit—making it the only automaker globally with full AI integration. Key milestones include:

• March: Launch of its unified “Qianli Haohan” intelligent driving assistance system.
• April: Consolidation of battery brands (Gold Brick & Shield Blade) into the “Shield Gold Brick Battery”.
• Wofly AE200, its first self-developed electric vertical takeoff and landing (eVTOL) aircraft, completed core tech breakthroughs and finalized its mass-production design, with commercial operations expected by 2026.

On sustainability, Geely released its 2024 Sustainability Report in May, detailing progress in six areas: compliance & ethics, climate action, resource conservation, mobility, supply chain responsibility, and employee & community initiatives.

Looking ahead, Geely Holding will remain customer-centric, advancing safe, green, and sustainable automotive ecosystem development. It aims to transform global mobility and lead the future of intelligent, eco-friendly transportation, creating better experiences for humanity.