On December 7, Geely Automobile Holdings Co., Ltd. (HK.0175) announced the sales data for November 2020: Geely Automobile’s total sales volume in November was 150,517, an increase of approximately 7% from the previous month and approximately 5% from the same period last year. It has achieved year-on-year and quarter-on-quarter growth for 4 consecutive months. Among them, the global new high-end brand Lynk & Co. sold 22,798 vehicles in November, an increase of about 4% month-on-month and a year-on-year increase of about 61%. It achieved double growth for eight consecutive months and set the highest monthly sales record of Lynk & Co for five consecutive months. In the first 11 months of this year, Geely’s total sales reached 1,166,015 vehicles, which has completed 88% of its 1.32 million annual sales target.
In the field of new energy, Geometry A, Geometry C, Emgrand EV, Emgrand GSe and other new energy and electrified products, the total sales volume in November was 6,829. In addition, Geely Automobile exported 11,769 vehicles in November, a year-on-year increase of over 200%.
Specifically, in November, Geely Automobile's various products achieved good market results, with sales of 54940 cars and 92,992 SUVs. Among them, Emgrand sedan and Boyue models performed strongly, with sales both exceeding 20,000 units. Specifically, the Emgrand sedan, which has won the top sales of Chinese branded cars for eight consecutive years, sold 23,407 units in November, with a cumulative sales of 208,703 units from January to November. The current cumulative sales of the Emgrand family exceed 3.05 million.
"Sanhao SUV" Boyue and Boyue PRO, sold 26136 units in November and 210745 units from January to November. The sales volume has exceeded 200,000 for 4 consecutive years, ranking first in the SUV market.
In the first month of its launch, Geely Xingrui, the "Chinese sedan disruptor", has sold more than 7,017 units, successfully leading the Chinese brand sedan to enter the price position of joint venture cars. While competing head-to-head with the joint venture product "Real Knife and Gun", it further increased The high-value image and brand premium of the Geely brand.
On November 20, Geely Xingrui quickly responded to user needs and released the first FOTA upgrade and new plan, which optimized the NVH performance of all models and achieved a significant improvement in vehicle performance and quality. Starting from December 1, Xingrui has carried out a second wave of OTA upgrades for the infotainment sector, opening the era of comprehensive OTA intelligence for fuel vehicles.
"China Steel Cannon" Binyue sold 15,556 units in November, maintaining a monthly sales momentum of over 10,000 units; in November, "Large Space SUV" Haoyue sold 5,592 units, and its total number of users since its launch has been close to 3. Ten thousand names.
On December 1, Lynk&Co's new global high-end SUV, the all-new Lynk&Co 01, was officially launched. It not only advanced in product strength, but also achieved simultaneous sales between China and Europe as a “new global car”. With the implementation of Lynk & Co's "Europe Plan", the first offline experience store in Europe opened in Amsterdam has also gathered increasing popularity, which will push Lynk & Co to continue to move in the direction of "a new global high-end brand".
As the first Chinese car brand to enter the “ten million passenger car club”, Geely Automobile officially entered the “Technology Geely 4.0” era this year. With its technological advantage as a leading Chinese car brand, it has become a Chinese brand directly facing a joint venture , Going global benchmark and model. Geely Xingrui, Geely's first sedan based on the "incubation" of the CMA super matrix, opened the curtain of Geely's "full-frame construction vehicle". The Geely brand will also launch a new SUV model based on the CMA architecture and another sedan, as well as several facelift models next year. In addition to the Lynk & Co ZERO concept car, the first Lynk & Co model based on the SPA global architecture will also be launched. The debut, to jointly promote Geely Automobile to continue to deepen the implementation of "user thinking", and accelerate to the next era of ten million vehicles.
In the future, Geely Automobile will also continue to promote globalization and win-win cooperation, accelerate the pace of transformation and upgrading under the dual-cycle pattern of mutual promotion and interconnection between domestic and international, and through leading technology, people-oriented experience and excellent quality, it will become a beautiful country for people. Companions in life, continue to create the ultimate experience and value for users.
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