GEELY Auto's annual report, with 1.5 million vehicles sold, significantly exceeded the company's plans

It should be borne in mind that GEELY Auto Group managed to achieve these indicators despite the difficult market conditions and pandemic-related disruptions.

The financial results look like this:

The company delivered 1,432,988 vehicles to the market within a year. Of these, 252,787 units sold were precisely high-segment models, accounting for 23% of total sales. Every month, on average, 30,000 units were sold, and the average selling price reached 21 thousand dollars. In addition, GEELY Auto introduced its new product series, GEELY Galaxy, which highlighted the brand's electrified and smart technologies. Another innovation that the company had the previous year was the entry of the Geometry brand into GEELY Auto. This played a major role in increasing demand for electric vehicles and activating the market.

GEELY Holding's other brands are also successful

For example, Lynk & Co's reports show that in 2022 it sold 180,127 cars and reached high figures in the global market. As of February 2023, cumulative sales of the brand have exceeded 850,000 units. The new model, Lynk & Co 09, with a market price of 42 thousand dollars, took the brand to new heights.

As for Zeekr, GEELY's global electrotechnological solutions brand, its success is related to increasing the supply of Zeekr 001, the first product of its brand in 2022. Within a year, the company sold 71,941 cars, thus surpassing its own plan. Prior to the sales announcement, the brand aimed to sell at least 70,000 cars per year. The $ 47,000 Zeekr became the leader of the luxury electric vehicle segment in 2022.

The brand soon launched a second model, the Zeekr 009, which averaged $ 73,000 and became the world's most expensive fully electrified, multifunctional vehicle.

Export

Export results are also read in published reports. Overseas sales reached 194,242 units, an increase of 72.4% over the previous year, and thus it also exceeded the industry average growth. In several countries of the world, the leading positions were occupied by products: Coolray, Azkaraa and Tugella. And the percentage of electrified cars exported by Lynk & Co reached 97%.

Europe-Asia appropriation

As of March 2023, Lynk & Co has opened official dealerships in several European countries, including: the Netherlands, Sweden, Belgium, Germany, Italy and Spain. In doing so, it ensured stable annual sales in Europe.

The brand has not forgotten Asia either and entered the markets of Israel and Saudi Arabia in July. This was another step forward in Lynk & Co's Central Asia-Pacific globalization strategy.

Future plans

The company's growing results depend on several key factors:

Future goals GEELY Auto has no less ambitious-the target figure for 2023 in sales is 1.65 million units. In 2023, GEELY Auto remains committed to technological innovation, new energy technologies, intelligent capacity building, and its vision is global expansion, creating deep synergy, mobility and sustainable development.