Geely Holding Hits Record 3 Million Sales in Q3

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Geely Holding Group has announced a landmark achievement, surpassing 3 million cumulative sales for the first three quarters of the year, a new historical high for the company. The automotive giant reported a total of 3,002,640 vehicles sold during this period. This impressive figure underscores Geely’s robust growth trajectory and expanding market presence.

Strong New Energy Vehicle Performance

A significant driver of this record-breaking performance is the company’s burgeoning new energy vehicle (NEV) segment. Geely Holding sold 1,792,617 NEVs in the first three quarters, marking a substantial year-on-year increase of 12.6%. This surge in NEV sales has propelled the new energy penetration rate to an impressive 59.7%, indicating a strong consumer shift towards electrified mobility and Geely’s successful pivot in this direction.

Brand-Specific Sales Highlights

Digging deeper into the sales figures reveals the individual contributions of Geely’s diverse brand portfolio:

  • Geely Auto Holdings Limited: This core brand achieved cumulative sales of 2,235,481 units in the first three quarters. Its NEV sales reached 1,326,364 units, up 14% year-on-year, with a NEV penetration rate of 59.3%. Notably, overseas export sales soared by 169% to 797,670 units, with NEVs accounting for 61% of these exports (484,086 units).
  • Geely China Star: The China Star range contributed 873,776 units to the total sales.
  • Geely Galaxy: This series saw strong performance with 877,184 units sold. The Galaxy brand recorded its highest single-month sales in September, setting a new annual record for the month.
  • Lynk & Co: The premium brand sold 196,117 units, with a remarkable 71.5% of its sales coming from new energy vehicles.
  • Zeekr: Geely’s premium electric vehicle brand, Zeekr, delivered 288,404 vehicles, more than doubling its sales year-on-year with a 101% increase.
  • Volvo: The Swedish manufacturer sold 466,000 units during the period, with its NEV penetration rate reaching 50.7%.
  • Proton: The Malaysian marque sold approximately 161,000 units, surpassing its entire sales volume for 2025.
  • Polestar: While facing market dynamics, Polestar delivered around 45,000 units, with the third quarter being its best-ever quarter, exceeding 14,000 deliveries.
  • Farizon (Remote New Energy Commercial Vehicle Group): This commercial vehicle division sold about 149,000 units, an increase of 38.8% year-on-year.

The overall sales figures demonstrate Geely Holding’s strategic focus on electrification and international expansion, with significant growth reported across multiple brands and markets. The strong performance in NEVs highlights the company’s commitment to sustainable mobility solutions and its ability to meet evolving consumer demands.

Source: https://www.ithome.com/1/013/246.htm

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