On October 10, Geely Automobile Holdings Co., Ltd. (0175.HK) announced the latest sales data: in September, the sales volume of passenger cars was 130,528, a month-on-month increase of about 6% and a year-on-year increase of about 26%. The sales volume of the group's sub-brands achieved "full staff growth".
9, the hot sales momentum of new energy remained strong, and the product matrix continued to enrich: Geely brand pure electric series geometry has achieved month-on-month increase for six consecutive months, high-end pure electric brand Zekr single-month delivery volume has been refreshed again, Thor electric hybrid series accelerates to seize the hybrid market, and many new energy products of Lynk and Co are on the market. At the same time, the group's globalization process has accelerated again, and the overall export sales have achieved "three consecutive increases" month-on-month. In addition, Lynk & Co ranks first in the cumulative overseas transportation volume of Chinese brands in two years with a total of more than 250,000 models.
New energy hot sales momentum
Zeikr has broken the single-month delivery record for three consecutive months
In September, new energy (including Geely, Lynk & Co, Zeikr, Ruilan) sales reached 39,227 vehicles, a month-on-month increase of about 4.6%. The penetration rate of new energy exceeded 30%, continuing the hot sales momentum.
hybrid field, the sales of Thor electric hybrid series models (including oil-electric hybrid + plug-in hybrid) continued to exceed 10,000 in September, of which plug-in hybrid models accounted for 16.7% of the group's new energy sales, accelerating the development of the hybrid market. In the pure electric field, Geely's pure electric series Geometry sales in September were 18,649 units, an increase of about 6.6% month-on-month, forming a strong trend of month-on-month growth for six consecutive months. The cumulative sales volume from January to September was 104,252 units, an increase of 234% year-on-year, making it an important growth pole for Geely brand pure electric market. In addition, at the 2022 China New Energy Vehicle Endurance Race, Geometry A Pro won the tenth battery life championship trophy and won the most valuable electric energy conversion championship, fully demonstrating Geometry's product strength of "real battery life". The new model Geometric G6/M6 will be launched in October. The entire series is equipped with the "ultra-electric smart cockpit" developed based on Huawei Harmony OS, which will bring users a new experience of high-end smart pure electric travel.
The new trendy technology brand Zeikr (ZEEKR) delivered 8,276 units in September, setting a new monthly delivery high for three consecutive months, with a total of 45,481 units delivered. On September 30, the 200th store of Zekrch, Xiamen Maritime World, is officially opened, from 1 to 200, only 391 days; the self-built charging station of Zekrch Energy exceeded 500 stations in 100 cities in one year (September 28-September 29, 2021), demonstrating the "Zekrch speed" in the high-end pure electric market. In the field of battery swap, Ruilan Auto sold 4,542 units in September, a month-on-month increase of about 3.7%. On September 26, Ruilan Automobile's Ruilan Maple Leaf 80v PRO and Ruilan Maple Leaf 60s PRO were officially launched. The two new cars are built on the GBRC charging and swapping modular platform, further opening up a new era of pure electric travel in the MPV market and the pure electric sedan market. The two new cars are also the latest achievement of Geely enriching its product matrix in the new energy track, and will provide important impetus for Geely Auto to accelerate the construction of a new intelligent light travel ecosystem.
brand added new momentum to the upward trend
A number of high-value new products were launched one after another
In September, Geely brand (including geometry) sales volume was 101,533 units, a month-on-month increase of about 5.8%. In September, the Shuangbian family sold 24,889 vehicles, of which Binyue's sales have achieved month-on-month growth for five consecutive months; the Dihao family sold 22,924 vehicles, and celebrity models continued to be sold. In addition, the "China Star" high-end series has sold 22,769 units, with a cumulative sales volume exceeding 460,000 yuan, and the main sales price is 130,000-180,000 yuan, becoming the upward force of Geely 4.0 era brands.
On September 30, Geely brand’s new strategic flagship model - "Smart SUV Innovator" Boyue L started pre-sale, with a pre-sale price of 129,800-175,800 yuan. As of October 9, a total of 9,233 orders were generated. Boyue L is a new A-class SUV built by Geely brand based on the CMA architecture, and is also the first mass-produced car built on the "Vision Starburst" concept car. At present, the exhibition cars have arrived in the store one after another, and users can now come to the store to appreciate Boyue L's new intelligent technology.
The global new high-end brand Lynk & Co Auto, sold 16,177 units in September, a month-on-month increase of about 7.1%.In September, the pace of new energy products in Lynk and Co. has accelerated its launch. Among them, the Lynk and Co 09 EM-P voyage version equipped with Lynk and Co smart electric hybrid Lynk E-Motive has been launched, and the super long battery life is not anxious; the new generation of Lynk and Co 03 family is officially launched, and the smart electric hybrid Lynk and Co 03 EM-F model has been added; Lynk and Co 06 Remix PHEV has multiple advanced, and is newly launched. As the layout of new energy products continues to improve, Lynk & Co will accelerate its entry into the era of full electrification.
Deeply pursuing the "dual circulation" globalization process accelerated
Lynk & Co's overseas transportation volume leads the Chinese high-end brand
Under the continuous leadership of the "dual circulation" strategy, Geely Automobile export sales in September were 21,472 vehicles, a month-on-month increase of about 9.3%, and a year-on-year increase of about 168%. The markets of Asia-Pacific, Latin America, and Middle East have all grown significantly, with Qatar and Kuwait sales hitting new highs in April.
On September 20, Geely also released its strategic goals for the Middle East 2025 and signed a contract with Tavel Automobile Group to officially expand the Oman market and further expand its overseas business territory.
Lynk & Co's brand international influence continues to increase, and overseas transportation volume leads China's high-end brands. From January to September 2022, Lynk & Co has shipped 23,984 complete vehicles to the overseas market. As of September 2022, the cumulative shipment volume in the two years ranked first in the export of Chinese brands with more than 250,000 models. In September, Lynk & Co Auto has delivered Lynk & Co 01 to Asian Olympic Council , as the official designated vehicle for Asian Olympic Council . By the end of this year, Lynk & Co will also make arrangements in Oman, , Saudi Arabia, , Israel and other countries, and other models will also be launched in the Asia-Pacific market.
Face the present moment, and the world's major changes unseen in a century are accelerating. Global issues such as climate change, repeated epidemics and international situations have brought severe tests to economic globalization. Geely Holdings not long ago released a new version of the corporate culture outline, sorting out and emphasizing the core values of "seeking truth, being pragmatic, striving and advancing, collaborative innovation", uniting our hearts and minds, and facing challenges directly. In the future, Geely Automobile Group will give full play to the diversified energy layout and technological leadership of "pure electric + hybrid + battery swap + methanol ", work with global partners to explore the path of sustainable development of new energy, lead Chinese brands to move forward again, and help the global automobile industry upgrade again.
