In 2025, Zhejiang Geely Holding Group achieved a total global sales volume of 4,116,321 units, a year-on-year increase of 26%, marking five consecutive years of rapid growth. Annual sales exceeded the 4 million mark for the first time, setting a new all-time high. Among these, new energy vehicle sales reached 2,293,099 units, up 58% year-on-year, with a new energy penetration rate of 56%, making it the primary driver of the Group's market growth and placing it in a leading position among global automakers.
Facing multiple challenges from the restructuring of China's automotive industry landscape and value chain reconstruction, Geely has consistently remained committed to technology innovation-driven electrification and intelligent transformation, building a diversified new energy matrix encompassing battery electric, super hybrid, and methanol-hydrogen electric vehicles to provide users with abundant choices. Meanwhile, it has continued to achieve breakthroughs in key technology areas such as automotive safety, green development, human-machine interaction, assisted driving, and low-orbit satellites, driving the automotive industry toward high-end, intelligent, and green transformation, forming a cohesive upward momentum for global development.
Simultaneous Growth in Volume and Quality, Deepening Breakthroughs in New Energy and Intelligent Transformation
Geely Automobile Holdings Limited achieved total sales of 3,024,567 units in 2025, exceeding the 3 million annual sales target that was raised at mid-year, with a year-on-year increase of 39%, setting a new all-time high. New energy growth was rapid, with full-year total sales of 1,687,767 units, up 90% year-on-year. The Geely Galaxy brand achieved full-year sales of 1.24 million units, up 150% year-on-year, exceeding the "Million Galaxy" sales target; the Lynk & Co brand achieved full-year sales of 350,000 units, up 23% year-on-year, setting a new all-time high; the Zeekr brand achieved full-year sales of 224,000 units, with monthly deliveries exceeding 30,000 units in December, and the Zeekr 9X becoming the best-selling large SUV priced above 500,000 yuan. Geely Automobile has always maintained an industry-leading position in the fuel vehicle segment, with Geely China Star achieving annual sales of 1.21 million units, exceeding one million in sales for three consecutive years, up 3% year-on-year.
In 2025, Geely implemented the "Taizhou Declaration" and, under the "One Geely" strategic synergy, achieved new leaps in comprehensive new energy explosion, all-domain AI technology empowerment, and high-quality global rooting, continuing to lead Chinese automotive brands in upward breakthroughs. In 2026, Geely Automobile has set its full-year sales target at 3.45 million units, with a new energy target of 2.22 million units.
Volvo Cars achieved total sales of 710,042 units in 2025, with new energy vehicle sales reaching 323,294 units and a new energy penetration rate of 46%. In the Chinese market, Volvo's new energy vehicle sales achieved a 71% year-on-year increase, with the brand's electrification transformation pace continuing to accelerate.
Proton achieved total sales of 162,601 units in 2025, a contrarian year-on-year increase of 6.5%, ranking second in Malaysia's national automotive sales chart for the 7th consecutive year, with market share expected to rise to 19.4%. Full-year exports reached 6,000 units, the highest since 2012, up 26% year-on-year.
Polestar achieved total sales of over 60,000 units in 2025, a year-on-year increase of over 30%. This achievement benefited from Polestar's successful sales model transformation and accelerated global network expansion, now having expanded to 28 cumulative markets worldwide, and opened its largest flagship space in Stockholm.
Lotus opened a new development phase centered on the Chinese market in 2025, with two core models, the ELETRE and EMEYA, refreshed and launched with optimized positioning. The ELETRE achieved 30% sales growth in the Chinese market, helping the brand further solidify its position in the ultra-luxury segment.
Farizon New Energy Commercial Vehicle Group achieved annual sales of 162,019 units in 2025, continuing to lead the industry. It achieved the industry's number one sales ranking for 4 consecutive years, with cumulative sales exceeding 500,000 units. Meanwhile, Farizon's international business achieved leapfrog growth, with overseas market recognition continuing to improve. It achieved number one export volume in key markets such as the UK, Spain, Belgium, and Australia, with overseas business surging nearly 500% year-on-year, now covering 26 countries and regions globally.
In 2025, Zhejiang Geely Holding Group accelerated its globalization layout with technology innovation and ecosystem synergy as core drivers. Geely and Renault Group reached a strategic cooperation in Brazil, producing and selling both parties' new energy vehicles through Renault Brazil, accelerating both parties' expansion in the Latin American automotive market; Malaysia's first brand-new electric vehicle manufacturing base was officially unveiled at the Tanjung Malim Automotive High-Tech Valley jointly built by Geely and Proton, marking a new stage in the overseas expansion of China's new energy vehicle industry.
Upholding Strategic Resilience, Paving the Way for a Green and Intelligent Future
Zhejiang Geely Holding Group adheres to a people-oriented approach, actively practices ESG principles, and progressively advances toward achieving its goal of "full-chain carbon neutrality by 2045." Currently, it has established 17 "National-Level Green Factories," 11 "Zero-Waste Factories," and 5 "Zero-Carbon Factories." The world's first methanol-hydrogen electric combined container and bulk carrier, the "Yuanchun 001," commenced commercial operations, providing a "China Solution" for the green transformation of transportation.
At the China Corner side event forum of the 30th United Nations Climate Change Conference (COP30), Zhejiang Geely Holding Group shared with the world its experience and practical achievements in full-chain zero-carbon transformation, vigorously developing green energy, and automotive circular economy. Geely has deeply integrated green concepts into its entire manufacturing process, building an intelligent manufacturing system covering "green factories - recycling - energy management."
In the course of corporate development, Geely actively fulfills its social responsibilities, focusing on areas such as ecological friendliness, equitable education, rural revitalization, and support for vulnerable groups, empowering public welfare innovation through Geely's technology ecosystem and actively exploring sustainable corporate philanthropy models. In 2025, Geely provided emergency assistance to the Tibet earthquake disaster area and the Hong Kong Tai Po fire rescue, and partnered with the Beijing Han Hong Love Charity Foundation to donate special medical patrol vehicles, supporting the development of primary healthcare in remote areas.
In 2026, Zhejiang Geely Holding Group will celebrate the 40th anniversary of its founding. Under the strategic guidance of the "Taizhou Declaration," it will deepen internal resource integration and synergy, strengthen brand upward mobility, technological innovation, and globalization advancement, accelerate innovation布局 in core areas such as new energy technology, automotive safety, intelligent connectivity, and all-domain AI, build a three-dimensional mobility ecosystem of "integrated sky and ground," and create intelligent mobility experiences that exceed user expectations.
