Geely Automobile's total sales in 2025 exceeded 3 million units

Staff Reporter Liu Zhao

On the evening of March 18, Geely Automobile Holdings Limited (hereinafter referred to as “Geely Auto”) released its full-year 2025 performance report. The announcement shows that the company achieved a total sales volume of 3.025 million units in 2025, a year-on-year increase of 39%, surpassing 3 million units for the first time; total revenue reached 345.2 billion yuan, up 25%; core net profit attributable to shareholders was 14.41 billion yuan, an increase of 36%; sales of new energy vehicles reached 1.688 million units, a 90% increase, with the annual penetration rate of new energy vehicles exceeding 50% for the first time. Meanwhile, fuel vehicle sales totaled 1.337 million units, a 4% increase.

“2025 marks the beginning of high-quality development for Geely Auto. I believe each subsequent earnings release will set new records for revenue and profit,” said Gu Shengyue, CEO and Executive Director of Geely Auto.

In 2025, alongside sales growth, Geely Auto also demonstrated improvements in operational efficiency. For leading automakers, this change means that the competition focus is no longer just about launching popular models, but about integrating multiple brands, platforms, and technological routes into a more efficient system. Especially in the context of rising new energy penetration and increasingly fierce industry competition, system capability has become a key variable determining whether a company can sustain upward growth.

Gu Shengyue stated that Geely’s new energy business has two characteristics in recent years: first, rapid growth; second, relatively balanced development, covering not only mass-market segments but also extending into luxury and mid-to-high-end markets, with simultaneous advancement in MPV, SUV, and other segments.

Looking at Geely Auto’s business structure in 2025, this assessment is confirmed. The Galaxy brand sold 1.236 million units, a 150% increase; the Lynk & Co brand sold 350,000 units, up 23%, with 228,000 units being new energy vehicles; the Zeekr brand sold 224,000 units, continuing to explore the high-end luxury market. Meanwhile, the China Star fuel vehicle sales reached 1.214 million units, maintaining its leading position among Chinese domestic brands in fuel vehicle sales. The rapid volume increase in new energy vehicles alongside the resilience of the traditional fuel vehicle segment means Geely Auto has not become dependent on a single pathway during its transformation.

In terms of energy routes, Geely Auto continues to pursue a multi-technology layout including fuel, hybrid, range-extended, pure electric, and methanol vehicles. This diversified approach may not be the most aggressive market strategy, but it offers stronger resilience against market fluctuations and provides room for the company to navigate cycles.

Regarding the next phase, Gan Jiayue, CEO of Geely Group and Executive Director of Geely Auto, emphasized three main areas: intelligence, high-end products, and globalization. According to Gan, future intelligence development will not only involve cockpit and assisted driving but also require a more complete AI capability system to activate vehicle domains such as intelligent driving, cockpit, chassis, and power, enhancing overall vehicle synergy. Industry-wise, this indicates that competition in smart vehicles is shifting from single-function battles to comprehensive vehicle intelligent system capabilities.

On the product side, Gan views high-end positioning as a key focus for Geely Auto’s next stage. He mentioned that the pre-sale of Zeekr 8X received strong market feedback, and the brand roles among Zeekr, Lynk & Co, Galaxy, and China Star are becoming clearer. For Geely Auto, high-end development is not just about increasing vehicle prices but also about elevating brand value, profit structure, and technological recognition simultaneously.

Globalization is another clear growth line for Geely Auto. Gan stated that in 2025, Geely Auto’s exports will reach 420,000 units, including 124,000 new energy vehicles, a 240% increase year-on-year; the export target for 2026 is 640,000 units, with an internal challenge goal of 750,000 units. He explained that Geely’s future “going global” strategy will shift from trade-based exports to full-chain localization in R&D, manufacturing, supply, and sales, while continuing to leverage partnerships with Renault, Proton, and others to promote globalization.

“Geely Auto’s growth in 2025 is not just a result of natural volume expansion but the combined effect of integration and collaboration, product layout optimization, acceleration of intelligence, and globalization,” said Zhang Xiang, a visiting professor at Yellow River Science and Technology College, to Securities Daily. In the first half of the new energy competition, speed and first-mover advantage matter most; in the second half, system capability, technological accumulation, safety, global operations, and value realization will determine the winners. Those who can truly convert scale into value will have the advantage in the next round of competition.