Geely H1 Core Profit Jumps 46% as Revenue Hits Record $25.8B
Geely posted record H1 2026 revenue of $25.8B and core net profit of $1.44B, up 46%, supported by EV sales and exports.
Latest in EV news, technologies, data and insights from China market
Geely posted record H1 2026 revenue of $25.8B and core net profit of $1.44B, up 46%, supported by EV sales and exports.
Geely’s Farizon launched its KD plant in Indonesia, localizing V8E vehicle assembly to enhance supply chains and meet local market needs.
July EV sedan sales in China showed a decline, with six of the top ten models dropping in performance, revealing market polarization trends.
Geely Farizon marked its 600,000th vehicle production milestone, leading global new energy commercial vehicle sales amid rapid market growth.
Geely Holding established a sales company to enhance brand coordination, streamline operations, and focus on new energy vehicle growth and technological advancements.
China’s auto market faced significant declines in July 2026, with notable growth from Leapmotor and continued overseas expansion efforts by several manufacturers.
Volvo plans to launch a new ultra-luxury sedan, code-named “556,” aimed at reviving its competitiveness in China’s luxury market.
CaoCao Mobility has started Robotaxi testing in Hangzhou without a safety operator, enhancing autonomous vehicle capabilities and operational efficiency.
In June 2026, Europe’s new vehicle registrations surged by 13.1%, driven largely by electrified vehicles.
Ford sold part of its Valencia plant to Geely, enabling electric vehicle production and enhancing Geely’s presence in European markets.