- Premium EV brand posts record deliveries in May
- Exports jump 184% as automaker expands global footprint
Geely Automobile Holdings reported sales of 237,637 vehicles in May, up 1% from a year earlier, marking a third consecutive month of both year-on-year and month-on-month growth.
New-energy vehicles accounted for 133,355 units, or 56.1% of total sales, extending a streak of four months in which electrified models represented more than half of deliveries, the automaker said on June 1.
The strongest performance came from premium EV brand Zeekr, which delivered a record 34,377 vehicles in May, up 82% from a year earlier and 8.1% from April.
Zeekr leading the charge
Sales of Zeekr’s 8 and 9 series models accounted for nearly half of the brand’s volume, while average transaction prices rose 52.4% year-on-year.
Deliveries of the Zeekr 8X reached 5,757 units during the month, and cumulative deliveries of the Zeekr 9X have surpassed 60,000 units.
The Geely-branded lineup sold 182,528 vehicles in May. Sales of the China Star series rose 16% to 100,801 units, while the Binyue crossover posted a 63% increase to 30,574 vehicles.
The company also launched the new Boyue 10th Anniversary Champion Edition and Emgrand Up series during the month, with cumulative global sales of the Emgrand exceeding 4.2 million units.
Geely sub-brand Galaxy delivered 81,727 vehicles in May. The newly launched Xingyao 7 Max received more than 10,000 firm orders within 23 hours of its market debut, according to the company.
Meanwhile, Lynk & Co sold 20,732 vehicles, with new-energy models accounting for 14,688 units, up 17% from April.
Electrified vehicles represented 71% of Lynk & Co’s sales. The Lynk & Co 10 and 10+ entered China’s midsize and large electric sedan segment following their launch in May.
Going global at a faster pace
Exports were another bright spot. Overseas sales surged 184% year-on-year to a record 85,144 vehicles, with new-energy models accounting for 40,803 units, or 47.9% of exports.
By powertrain type, battery-electric vehicle sales fell 19% year-on-year to 76,633 units, while plug-in hybrid sales climbed 32% to 56,722 units.
The figures suggest Zeekr is becoming an increasingly important driver of Geely’s transition toward electrification, helping offset slower growth in some of the group’s more established brands.
New model launches and continued overseas expansion are expected to further increase the contribution of new-energy vehicles to overall sales.
