Geely has raised its 2025 sales target from 2.71 million to 3.00 million units.
Geely plans to flood the market with five new intelligent hybrid models in Q3—including the Zeekr 9X, Lynk & Co 10 EM-P, Galaxy A7, and Galaxy M9—covering price segments from RMB 90,000 ($11,600) to over RMB 1 million ($130,000).
On August 14, Geely Auto officially released its H1 2025 financial results.
The report indicates record-breaking core performance for the first half:
- Total sales: 1.409 million units, up 47% YoY;
- NEV sales: 725,000 units, up 126% YoY, with a penetration rate of 51.5%—surpassing traditional fuel vehicles for the first time;
- Total revenue: RMB 150.285 billion ($19.4 billion), up 26.5% YoY;
- Gross profit: RMB 24.72 billion ($3.2 billion), up 24.4% YoY;
- Gross profit margin: Stable at 16.4%;
- Net profit attributable to shareholders: RMB 9.29 billion ($1.2 billion).
Due to outperformance, Geely raised its 2025 sales target on July 1 from 2.71 million to 3.00 million units—requiring monthly sales of nearly 400,000 units in H2 to achieve this upwardly revised goal.
To accelerate toward its new target, Geely plans to flood the market with five intelligent hybrid models in Q3—including the Zeekr 9X, Lynk & Co 10 EM-P, Galaxy A7, and Galaxy M9—covering price segments from RMB 90,000 ($11,600) to over RMB 1 million ($130,000).
Global expansion remains crucial to Geely’s sales breakthrough.
Data shows H1 2025 exports totaled 184,000 units (down 8% YoY), but NEV exports surged to 40,000 units (up 146% YoY), lifting their share to 22% of total exports. Moving forward, Geely will maintain its brand-specific global strategy: the Geely brand focuses on Southeast Asia and Latin America, Lynk & Co delves deeper into Europe, while Zeekr expands worldwide using Hong Kong and Macau as springboards.
Beyond product deployment, Geely has initiated a major tech consolidation.
In August, it integrated resources from Zeekr, Geely Research Institute, and Megvii to establish Qianli Autonomous Driving Technology. Led by Wang Jun, former president of Huawei’s Intelligent Automotive Solution BU, the new entity will develop the unified “Qianli Vast” autonomous driving system (H1-H9 architecture), targeting HD map-free city NOA (H9 solution) production in 2025 and full-scenario driverless operation by 2026. Post-integration R&D costs are projected to drop by over 10%.
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