News

Geely Holding Brands 2025 First Quarter Sales Increase 31% YoY to 946,627 Units

Zhejiang Geely Holding Group announced today that aggregate sales in the first quarter of 2025 across its portfolio automotive brands reached 946,627 vehicles, a 31% YoY increase. New energy electrified vehicle sales reached 463,372 units, a YoY increase of 83% accounted for 49% of the Group sales. The Group also saw its sales exceed 900,000 units for two consecutive quarters, demonstrating the strong competitiveness of its brands and products. In March 2025, electrified vehicle sales reached a new high accounting for 52% of the Group aggregate sales.

Satellites, Big Data Centre, and AI Power Geely’s ADAS Systems For All

Geely Auto Group unveiled a new technology road map for AI powered intelligent driving solutions during the Geely AI Intelligent Technology Conference held earlier today. After several years of development, Geely Auto Group has today unveiled its AI driven ADAS solution that utilizes self-developed big data centres and satellite solutions to create an industry leading range of ADAS solutions. The new ADAS solution represents a realization of “Smart Geely Technology Ecosystem” in accelerating the evolution of user experience in smart driving and smart cockpits.

Geely Holding Group and Renault Group Sign a Framework Agreement for a New Strategic Cooperation in Brazil

Geely Holding Group and Renault Group today jointly announced a framework agreement expanding their strategic cooperation in the production and sales of zero and low emission vehicles through Renault do Brasil, further strengthening their strategic partnership. Geely Holding would invest in Renault do Brasil to become a minority shareholder, enabling Geely Holding to gain access to localized production, sales and services resources. The venture remains subject to the entering of definitive agreements and prior approval of the relevant regulatory authorities.

Geely Holding Brands January 2025 Sales Reach 330,782 Units

Zhejiang Geely Holding Group (Geely Holding) announced today that aggregate sales for January 2025 across its automotive brands reached 330,782 vehicles, a 14.8% YoY increase. Among the month’s aggregated sales, electrified (EVs, HEV, PHEVs) vehicles reached 152,315 vehicles, representing a YoY increase of 59.5% and representing 46% of the Group sales.

2024 Sales by Geely Holding Brands Rise 22% to 3.337m Units, Targets 5m Units by 2027

Zhejiang Geely Holding Group (Geely Holding) announced today that aggregate sales across its automotive brands grew 22% year-on-year to 3,336,534 units in 2024, setting a new record for the Group. For the first time in its history, Geely Holding achieved more than 3 million units in aggregate sales. Electrified and clean alternative fuel new energy vehicles led growth throughout the year reaching 1,487,954 units, a 52% YoY increase, representing 45% of aggregate sales. Sales of vehicles in markets outside of China also saw significant growth reaching 1,221,852 units over the past year, a YoY increase of 21%.

Farizon SV Sets New Safety Standard with Euro NCAP Platinum Rating

The Farizon SV, the latest battery electric commercial van from Farizon Auto received a platinum safety award from the Euro NCAP (European New Car Assessment Program) with a score of 85 points, placing it amongst the best options for safe and reliable commercial vehicles. The award also makes Farizon the top-ranked Chinese electric commercial vehicle brand in the Euro NCAP ratings.

Geely Holding Brands November 2024 Sales Increase 20.7% to 355,021 Units

Zhejiang Geely Holding Group (Geely Holding) announced today that aggregate sales for November 2024 across its automotive brands reached 355,021 vehicles, a 20.7% YoY increase. Cumulative sales in the eleven months of 2024 reached 3,006,943 units, a YoY increase of 21% with electrified vehicles accounting for 1,318,044 units, a YoY increase of 52%. Among the month’s aggregated sales, electrified (EVs, HEV, PHEVs) vehicles reached 176,089 vehicles, representing a YoY increase of 60.6% and representing 49.6% of the Group sales. Sales of vehicles in markets outside of China also saw significant growth reaching 1,115,299 units in the first ten months of the year, a YoY increase of 22%.

Aramco Completes Acquisition of 10% Stake in Horse Powertrain Limited

Aramco, one of the world’s leading integrated energy and chemicals companies, through a directly and wholly owned subsidiary, Aramco Asia Singapore Pte. Ltd., has completed the purchase of a 10% equity stake in Horse Powertrain, a global leader in hybrid and internal combustion powertrain solutions. The transaction builds on Aramco’s efforts to develop new mobility solutions with the potential to reduce transport emissions. The transaction’s completion follows the signing of definitive agreements on June 28, 2024, and receipt of all applicable regulatory approvals. Aramco’s investment is based on a €7.4 billion enterprise valuation of Horse Powertrain, in which Renault Group and Geely (through Geely Holding and Geely Auto) each retain a 45% stake.

Geely Holding Supports Strategic Integration between Zeekr and Lynk & Co

Geely Holding Group (Geely Holding) welcomes the intention of its invested new energy brands, Zeekr and Lynk & Co, to seek greater synergies through a proposed combination, which would create a strong global entity. The proposed move aims to accelerate technology synergies between the two brands, streamline product portfolios, and boost talent development, ultimately leading to greater global sales volume.

Geely Shares Decarbonisation Experience at COP29

Zhejiang Geely Holding Group participated in the 29th United Nations Climate Change Conference (COP29) in Azerbaijan, joining a roundtable forum on reducing carbon emissions within the new energy industry value chain and promoting a sustainable future. Geely Holding was invited to share its 20-year experience in developing a robust green methanol ecosystem, transforming traditional energy industries towards sustainable green energy, and applying real world solutions to achieve peak and zero carbon.