Geely Holding Group, a prominent Chinese automaker, has reported a remarkable 31% increase in global vehicle sales during the first quarter of 2025. The company sold a total of 946,627 units, with a significant portion attributed to the sale of new energy vehicles (NEVs), which saw an impressive 83% surge to 463,372 units.
Geely Automobile Holdings Limited, the division encompassing the group’s Chinese brands, experienced a substantial 48% growth in sales, reaching 703,824 units. This figure includes sales of Geely-branded vehicles, Lynk & Co, and Zeekr, with the latter two contributing 72,608 and 41,403 units respectively. Additionally, the commercial vehicle unit, Farizon New Energy Commercial Vehicle Group, witnessed a notable 62% increase in sales to 26,710 units. Geely’s expansion beyond China resulted in sales of 89,953 units, bolstered by the successful introduction of the EX5 model in various international markets such as Indonesia, Australia, New Zealand, Vietnam, and Latin America.
The company’s subsidiary, Volvo Cars, achieved sales of 172,219 vehicles in the first quarter, with NEVs accounting for 74,483 units. Polestar, another subsidiary, also performed well with sales of 12,304 units.
Geely’s strategic focus on globalization has intensified in recent years, supported by a robust product launch strategy. Notably, exports from China surged by 57% in the previous year, totaling 414,522 units. Geely’s products have garnered strong demand in regions such as the Middle East, Asia-Pacific, Africa, Latin America, and Europe.
As the company continues to expand its presence in the global automotive market, Geely’s commitment to innovation and sustainability remains evident through its impressive sales figures and strategic initiatives. The future outlook for Geely Holding Group appears promising as it continues to establish itself as a key player in the automotive industry.
