Browse Through
In a significant move, Geely is set to launch its full-size Plug-in Hybrid Electric Vehicle (PHEV) crossover M9 for a competitive price of 34,830 USD in China. This announcement comes as part of the company's impressive growth strategy, which has seen a 30% year-on-year increase in overall vehicle sales in the first half of 2025, with a remarkable 173% increase in pure electric vehicle sales [1][2].
Geely's mass-market focus is evident in its strong hybrid and electric vehicle sales. The company sold 1,164,303 vehicles in the first half of 2025, with 510,803 pure electric vehicles and 214,348 plug-in hybrids. The Galaxy models, a key part of Geely's portfolio, are driving volume growth, targeting 3 million total sales in 2025, boosted by ongoing hybrid-focused new model launches [2][3].
Meanwhile, Lynk & Co, Geely’s youthful and connected EV offering, is experiencing substantial growth. The brand sold 154,137 vehicles in H1 2025, with over 10,000 units sold overseas, reflecting its push for both domestic and international markets. Lynk & Co's focus on the electrified market is evident with the launch of hybrid models such as the Lynk 10 EM-P sedan, further enhancing its lineup [2][3].
Zeekr, Geely’s premium EV brand, is poised for upward brand elevation in the premium EV segment. Although it saw a modest 3% year-on-year increase in sales in H1 2025, with 90,740 vehicles sold, it is looking to new models like the Zeekr 9X and 8X to drive growth and profitability. Zeekr is also set for a strategic merger back into Geely as a wholly-owned subsidiary by Q4 2025, aimed at improving operational efficiency, leveraging Geely's manufacturing, and bolstering international expansion, especially in Europe [1][2][3][4].
In July, Geely's NEV sales accounted for 55% of the company's total monthly sales of 237,717 units. The Geome Xingyuan NEV model delivered 44,286 units, while the Galaxy sub-brand recorded 95,043 units, representing a 237% year-on-year increase. Battery electric vehicles (BEVs) made up the majority of Geely's NEV sales in July, with around 90,000 units delivered. Premium EV brand Zeekr added 16,977 units in July, an 8% rise compared to last year [1].
The Zeekr 9X, featuring five lidar sensors and dual AI chips, is set to begin pre-sales later this month. Meanwhile, Lynk & Co's upcoming 10 EM-P is targeting the intelligent hybrid SUV segment.
China's electrified vehicle market is becoming increasingly competitive, and Geely, Lynk & Co, and Zeekr hold distinct and strategically complementary positions amid Geely Holding Group’s "One Geely" consolidation strategy. As of mid-2025, these brands have collectively sold over 850,000 NEVs, up 126% from the same period in 2024 [1].
Interestingly, Polestar, another player in China's electrified vehicle market, reportedly plans to fully exit China this year with only 69 units sold in 2025 H1. To boost car buying transparency, 16 carmakers and regulators in China are also working on a centralized digital platform [5].
With the growing demand for electrified vehicles and Geely's multi-brand strategy, it is clear that the company is well-positioned to thrive in China's competitive electrified vehicle market.
[1] https://www.geely.com/en/news/ [2] https://www.autonews.com.cn/article/1022680 [3] https://www.carscoops.com/2022/07/geely-reports-173-year-on-year-growth-in-electric-vehicle-sales/ [4] https://www.autonews.com.cn/article/1020972 [5] https://www.autonews.com.cn/article/1022809
- Geely's new energy vehicles, such as the Plug-in Hybrid Electric Vehicle (PHEV) M9, are playing a significant role in the automotive industry's transition to sustainability, with the company aiming to make these vehicles accessible to a wider audience through competitive pricing.
- The finance sector is closely watching the impressive growth strategy of Geely, as the company not only focuses on the sales of cars but also on the development of electric vehicles (EVs), with a year-on-year increase of 30% in overall vehicle sales and a remarkable 173% increase in pure EV sales in the first half of 2025.
- The rise of new energy vehicles in the transportation sector is reflected in Geely's lifestyle approach, as the company sold a massive 1,164,303 vehicles in the first half of 2025, with a significant portion being hybrid and electric vehicles.
- The emerging technology in electric vehicles is a key factor in the automotive industry, and Geely is at the forefront of this change, with upcoming models like the Zeekr 9X featuring advanced technology such as lidar sensors and dual AI chips.
