o., Ltd.) ▶ Recent Developments (1) Financial data (Unit: CNY millions) 2020 2021 2022 2023 2024 Sales 50,319 130,356 328,594 400,917 362,016 Cost of sales 43,486 111,367 293,746 350,611 303,304 Operating income 6,959 19,824 36,822 53,718 64,052 Net income 6,104 17,861 33,457 46,761 54,007 Net income attributable to owners of the parent 5,583 15,931 30,729 44,121 50,745   In 2024, the company's operating revenue and operating c...

Market & Tech Reports  Updated at: 2025/06/12

Auto Shanghai 2025: Geely, Chery Geely unveils AI-equipped flagship MPV; Chery premieres new QQ and Tiggo 9L concepts Summary Geely: AI-equipped four-wheel drive "Galaxy Battleship"; battery business integration Chery: New QQ and Tiggo 9L concepts, luxury SUV Exeed brand “Sterra Tianji” Zeekr launch event   Auto Shanghai 2025, officially known as the 21st Shanghai International Automobile Industry Exhibition, was held at the Nationa...

Market & Tech Reports  Updated at: 2025/05/30

econd place was the Panda mini with 18,000 units, and in third place was the Galaxy Starship 7 with 11,000 units sold. Geely’s overall electric vehicle sales were up 91.0% y/y to 143,000 units.   Group subsidiary Polestar launched a renewed version of the Polestar 2 in Sweden on April 4, and the Zeekr brand launched the 007 GT on April 15. Also, at the Auto Shanghai 2025 motor show that opened on April 23, Zeekr's first PHV full-size flagship ...

Market & Tech Reports  Updated at: 2025/05/26

es and the 0% tariff under the ASEAN-China Free Trade Agreement (ACFTA) to promote EV imports and sales. Great Wall Motor Company, Jianghuai Automobile Group (JAC), Changan Automobile, GAC Aion, SAIC Motor-CP, and others have already entered the Thai market, while JuneYao Auto, Geely Automobile’s Zeekr brand and Riddara brand entered the market in 2024 and XPeng in March 2025.   Trends of Chinese OEMs in the Thai market Great Wall Motor Gre...

Market & Tech Reports  Updated at: 2025/05/12

ial ecosystem building, and business model innovation in the field of NEV commercial vehicles. Geely Sales volume target On January 1, 2025, Geely Automobile Holding Ltd. (Geely) announced a sales target of 2.71 million units for 2025. Of these, 2 million will be Geely brand vehicles, 320,000 Zeekr brand, and 390,000 Lynk&Co brand. In addition to this, the sales target for NEVs was set at 1.5 million units. Product planning Geely announce...

Market & Tech Reports  Updated at: 2025/04/24

Panda mini with 13,000 units, and in third place was the Galaxy Starship 7 with 10,000 units. Geely overall electric vehicle sales were up 134.2% y/y to 114,000 units.   On March 5, Geely announced that its subsidiary Volvo Cars had unveiled a new EV sedan, the ES90, and that its premium EV brand, Zeekr, had released images of its 007 GT shooting brake model and announced that it would launch it in mid-April. In addition, Lynk & Co is scheduled ...

Market & Tech Reports  Updated at: 2025/03/26

les by major group (000s units) 2020 2021 2022 2023 2024 BYD 431.1 744.9 1,868.7 3,024.4 4,272.1 SAIC 5,505.7 5,331.2 5,191.5 4,911.6 3,903.4 FAW 3,722.7 3,526.6 3,215.2 3,374.1 3,200.2 Geely 1,516.1 1,548.1 1,686.5 2,108.6 2,611.4 Chery 716.0 955.1 1,241.0 1,811.6 2,554.7 Changan 2,007.4 2,305.6 2,052.9 2,235.7 2,342.6 GAC 2,043.3 2,143.6 2,435.5 2,506.2 2,000.3 Dongfeng 3,393.9 3,193.7 2,546.8 2,176.4 1,929.6 BAIC 1,886.2 ...

Market & Tech Reports  Updated at: 2025/02/19

ings Limited (Geely Automobile) announced on August 21, 2024 that it will launch several NEV models in the second half (H2) of 2024. These models include the Geely brand Galaxy E5, Xingyuan, and Galaxy PHEV SUV; the Lynk & Co brand Z10 and the brand’s first BEV sedan, the Z20 compact SUV; and the Zeekr brand 7X and Mix. Zeekr announced on August 22, 2024 that it will launch the Zeekr 7X and Zeekr Mix in the second half of 2024. Both models wi...

Market & Tech Reports  Updated at: 2024/11/05

nings and plant expansions increasingly uncertain.     The following graph shows Tesla's share of sales by major region and total sales.   Geely   The highest selling model in August was the Galaxy E5 with 12,000 units sold, followed by the Panda mini in second place with 11,000 units, and the Zeekr 001 in third place with 8,000 units. Geely’s overall electric vehicle sales volume significantly increased to 99,000 units in August, up 59.2%...

Market & Tech Reports  Updated at: 2024/09/27

TECHNO-FRONTIER 2024: Electric Vehicle Technologies BEV teardown exhibit, motors, power devices and related components Summary Actual BEVs on display: Xiaomi SU7, BYD Seal, Hyundai Ioniq 5 N BEV teardown exhibit: Geely Zeekr 007, Citroen Ami Motors: EXEDY, Fukuda (ATE), IE5 Motor Project (Toshiba, Mitsubishi Electric, ABB, Yaskawa Electric), Nidec Motor parts: Easy-Win, Zhejiang Grandwall, Daido Steel, Next Core Technologies, Inac Power devices: ...

Market & Tech Reports  Updated at: 2024/08/27

d Model Maximum output Vehicle manufacturer Installed vehicle model name Ni100Ex 100kW GAC Aion New Energy Automobile Co., Ltd. Aion Y, Aion S Ni150Ex 150kW GAC Aion New Energy Automobile Co., Ltd. Aion S, Aion LX, Aion V GAC Toyota Motor Co., Ltd. iA5 GAC-NIO New Energy Technology HYCAN 007 Geely Automobile Group Geometry C GAC Honda Automobile Co., Ltd. EA6 Ni200Ex 200kW Geely Automobile Group Zeekr 001 Figure 19. 150k...

Market & Tech Reports  Updated at: 2024/08/22

and Bao 5 and the Song L and Song Pro of the Dynasty Series, which were launched in the second half of 2023, also contributed to the increase in sales volume. In second place, as last year, was Geely with 1,072,000 units sold, up 36.4% from the same period a year ago. The high-end electric vehicles Zeekr and Polestar performed well, and especially in the first half of 2024, the Galaxy and Xing series had good results. In third place is Chery Auto...

Market & Tech Reports  Updated at: 2024/08/20

Gigacastings to Modular Structures Huge die casting machines and the unboxed manufacturing process Summary List of Gigacast adoption plans by automaker Gigacastings to Modular Structures Tesla Geely (including Zeekr, Geely-Baidu and Volvo) NIO (NIO, Inc.) XPeng (Xiaopeng Motors) Xiaomi Huawei-AITO Toyota (Supplement) What is clamping force?   Tesla has announced that it can significantly reduce assembly costs by modularizing the car body based o...

Market & Tech Reports  Updated at: 2024/06/27

024)     In the first quarter (Q1) of 2024, many automakers announced their sales targets and product plans for 2024. Geely Automobile (Geely Automobile Holdings Limited) has set a sales target of 1.9 million units and plans to release three NEV models under each of its three major brands, Geely, Zeekr, and Lynk & Co. The FAW Group (China FAW Group Co., Ltd.) set its sales target at 3.47 million units, of which 900,000 are own-brand vehicles an...

Market & Tech Reports  Updated at: 2024/05/07

Bangkok International Motor Show 2024 (1) Chinese OEMs BEVs from Neta, Changan, MG, BYD, Aion, XPeng, Zeekr, and GWM HEV pickup truck Summary NETA: Thai-made electric city car NETA V-II Changan: Lumin electric city car and Deepal series MG (SAIC Motor) : Cyberster electric roadster and Thai-made MG4 electric hatchback BYD: Full lineup for Thai market GAC Aion: Hyper HT electric SUV XPeng: G6 and G9 electric SUVs Zeekr (Geely): SEA electric platfo...

Market & Tech Reports  Updated at: 2024/04/19

nt" action plan announced on February 18, BYD’s global strategy was presented, along with future investments and models to be introduced.   Geely   The highest selling model in February was the Panda mini with 5,000 units sold. In second place was the Galaxy L7 with 5,000 units, followed by the ZEEKR 007 in third place with 4,000 units. Geely’s overall electric vehicle sales were 50,000 units, up 25% from the same month last year.   Unlike...

Market & Tech Reports  Updated at: 2024/03/27

Shanghai Automotive Industry (Group) Corporation 6,172.9 5,534.1 5,364.6 5,191.5 4,911.6 China FAW Group 3,487.0 3,722.7 3,526.6 3,215.2 3,374.1 BYD Auto 463.5 431.1 744.9 1,868.7 3,024.4 Guangzhou Automobile Group 2,062.0 2,043.3 2,143.6 2,435.5 2,506.2 Changan Automobile (Group) 1,766.5 2,007.4 2,305.6 2,052.9 2,235.7 Dongfeng Motor Group Corportion 3,555.3 3,393.9 3,193.7 2,546.8 2,176.4 Geely Holding Group 1,532.9 1,516.1 1,548.1 ...

Market & Tech Reports  Updated at: 2024/03/06

ent SUV), the Dolphin (B-segment hatchback), the Han (sedan), the Tang (SUV), and the ATTO 3 (Chinese name: Yuan Plus) (SUV). At the IAA Mobility 2023, BYD also presented its luxury sub-brand Denza, a joint venture brand between BYD and Mercedes-Benz, to European audiences for the first time GeelyZeekr In April 2023, Geely Automobile Holding’s premium EV brand Zeekr announced that it will introduce its EVs to Europe. The first models for Euro...

Market & Tech Reports  Updated at: 2023/11/14

y of e-Axles. Models in production and equipped vehicles Model Maximum output Automaker Installed vehicle name Ni100Ex 100 kW GAC Aion New Energy Automobile Aion Y, Aion S Ni150Ex 150 kW GAC Aion New Energy Automobile Aion S, Aion Y, Aion V GAC Toyota Motor Co., Ltd. iA5 Hycan Automobile 007 Geely Auto Geometry C GAC Honda Automobile EA6 Ni200Ex 200 kW Geely Auto ZEEKR 001 150kW e-Axle (Ni150Ex) installed in GAC Aion Y, ...

Market & Tech Reports  Updated at: 2023/08/02

e was BYD, which entered the Top 10 rankings with its 2022 sales volume significantly increasing from 745,000 units in 2021 to 1,869,000 units. BYD's market share in 2021 was 2.8%, but reached 7.0% in 2022. Geely Group, which has strong sales of Livan Auto, which develops battery-swappable EVs, and Zeekr, a high-end electric vehicle brand, is in seventh place, with an 8.9% y/y increase to 1,686,000 units. Commercial vehicles, a focus of the compa...

Market & Tech Reports  Updated at: 2023/02/14