Renault Group and Geely have executed definitive agreements. These agreements extend their strategic cooperation to the production and sales of zero and low-emission vehicles by Renault do Brasil for the Renault and Geely Auto brands in Brazil. As part of these agreements, Geely formally acquires a 26.4% stake in Renault do Brasil, with Renault Group remaining the majority shareholder and continuing to consolidate the entity in its accounts. As a minority shareholder, Geely now has access to Renault do Brasil’s industrial and commercial resources, allowing it to accelerate its expansion in the region’s leading automotive market.

Zhejiang Geely Holding Group (Geely Holding) announced today that aggregate sales in the third quarter of 2025 across its portfolio automotive brands – Geely Auto, LYNK & CO, Zeekr, Volvo Cars, Polestar, PROTON, Lotus, smart, Radar, LEVC, and Farizon reached 1,020,913 vehicles, a 28% Year on Year increase. Among the Group’s Q3 aggregated sales, electrified (EVs, HEV, PHEVs) vehicles sales reached 588,110 units, a YoY increase of 59% and representing 58% of the Group quarterly sales. Cumulative sales in the first nine months of 2025 reached 2,953,452 units, a YoY increase of 29% with electrified vehicles accounting for 1,590,866 units, a YoY increase of 68% and representing 54% of the Group total.

Aerofugia, the low-altitude general aviation company established by Geely Holding Group announced that their prototype AE200-100 6-seats eVTOL urban mobility aircraft has begun production. The start of production for the prototype vehicle marks a significant milestone in the development of large-scale passenger eVTOL vehicles and also signifies that the AE-200-100 has entered the final stages for its airworthiness certification, pre-production, and ultimate mass-production.

The sixth orbital plane of GEESATCOM, known as Geely Future Mobility Constellation successfully launched off the waters near Rizhao, Shandong, deploying 12 satellites in a single launch. This marks the third consecutive deployment launch within two months. The satellites successfully entered their designated orbits, all systems are operating normally, and the launch mission has been declared a complete success.

The world’s first methanol-hydrogen electric multi-purpose riverboat “Yuanchun 001” was launched in Hangzhou, marking the expansion of Geely Holding Group’s methanol-hydrogen electric drive technology to the marine sector.

The 5th orbital plane of GEESATCOM, known as Geely Future Mobility Constellation, was successfully launched from Rizhao, China, with 11 satellites deployed in a single launch. All satellites entered their designated orbit and are operating nominally, marking another milestone success for the constellation’s deployment.