Geely Holding sales surge 31% in Q1

3 weeks ago 14

GlobalData

Wed, Apr 16, 2025, 3:50 AM 1 min read

Chinese automaker Zhejiang Geely Holding Group reported a 31% year-on-year surge successful planetary conveyance income to 946,627 units successful the archetypal 4th of 2025, driven by an 83% leap successful caller vigor conveyance (NEV) income to 463,372 units – oregon 49% of its full conveyance income successful this period.

Geely Automobile Holdings Limited, comprising the group’s Chinese brands, reported a 48% summation successful first-quarter income to 703,824 units, including 589,813 Geely-branded vehicles, 72,608 Lynk & Co sales, and 41,403 Zeekr sales. The company’s commercialized conveyance unit, Farizon New Energy Commercial Vehicle Group, saw its income emergence by 62% to 26,710 units. Sales extracurricular China amounted to 89,953 units, underpinned by the caller roll-out of the EX5 successful Indonesia, Australia, New Zealand, Vietnam, and crossed Latin America.

First-quarter income by the group’s Volvo Cars subsidiary amounted to 172,219 vehicles, including 74,483 NEVs, portion Polestar sold 12,304 units.

Geely has stepped up its globalization strategy successful the past 2 years, underpinned a beardown caller merchandise motorboat strategy. Exports from China surged by 57% to 414,522 units past year, with the institution reporting beardown request for its products successful the Middle East, Asia-Pacific, Africa, Latin America and Europe.

"Geely Holding income surge 31% successful Q1" was primitively created and published by Just Auto, a GlobalData owned brand.

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