Geely Auto September Sales Reach 292,168 Units for Seventh Consecutive Month of Sequential and Year-on-Year Growth

Geely Automobile Holdings Limited (0175.HK) released sales data for September on October 1st.

According to the data, September sales reached 292,168 units, the highest level this year, marking the 7th consecutive month of sequential and year-on-year double growth, up 7% year-on-year and 8% month-on-month. Among them, New Energy Vehicle (NEV) sales (including Geely, Lynk & Co, Zeekr) totaled 190,868 units, setting a monthly NEV sales record high, up 16% year-on-year, accounting for 65% of total sales. From January to September, cumulative sales reached 2,235,481 units, a record high for the same period, up 3% year-on-year. For NEVs, total sales from January to September were 1,326,364 units, up 14% year-on-year.

On the product and technology front, Geely Auto has solidified its foundation with AI intelligent technology. AI intelligent architecture, Qianli Haohan, Geely AI Smart Charge, etc., continue to expand the boundaries of product capabilities. As an important part of full-domain AI, the Qianli Haohan assisted driving solution achieved a one-million unit installation base this year with the fastest growth rate among autonomous brands; after achieving the fastest growth in assisted driving mileage in May, it achieved double firsts in scale increase and usage mileage growth, with an assisted driving open rate of 93.8%, and daily usage frequency continues to climb.

While technical capabilities continue to convert into user value, new technologies are emerging in tandem. On September 23rd, Geely Automobile Group launched the new generation AI recharging technology "Geely Smart Charge", achieving the world's fastest mass production recharging speed with a single gun peak charging power of 2,250 kilowatts, while keeping the maximum charging temperature within 65°C, improving battery cycle life by 20%. This technology relies on the Xingrui PowerMind energy brain jointly developed by Geely and Jiexue Xingchen, providing solutions for fast charging safety and battery life issues.

In terms of branding, luxury, high-end, and mainstream brands are developing in coordination, with deep layout in categories such as sedans, SUVs, MPVs, and off-road vehicles. The global luxury tech brand Zeekr delivered 37,216 units in September, up 104% year-on-year; cumulative deliveries from January to September were 288,404 units, up 101% year-on-year. From January to August this year, Zeekr 9X ranked first domestically in sales, reputation, and resale value among large SUVs priced over 500,000 RMB; Zeekr 7X delivered over 10,000 units for 3 consecutive months, with cumulative global deliveries exceeding 200,000 units. The 2027 Model Zeekr 7X will be launched in the fourth quarter of this year, adding an 85kWh brick battery version model.

The global new energy high-end brand Lynk & Co saw September sales of 18,493 units, up 9% month-on-month, with NEV sales of 17,039 units; cumulative sales from January to September were 196,117 units, with NEV sales of 140,209 units. Lynk & Co 08 EM-P global cumulative deliveries are nearly 200,000 units, Lynk & Co 06 global cumulative deliveries exceed 300,000 units. The new Lynk & Co 20 was launched on September 28th, with major orders breaking 14,633 units in the first hour. The brand simultaneously participated in TCR China Shanghai and CTCC China Cup Shanghai races during the same period, achieving 2 silver, 5 bronze and 2 gold, 2 silver, 5 bronze results respectively; Actor and professional racer Daniel Wu drove a Lynk & Co 03+ TCR race car as a special guest driver in TCR China Shanghai, winning the rookie group silver medal in the debut race.

The Geely brand had September sales of 236,459 units, cumulative sales from January to September of 1,750,960 units. Among them, the mainstream NEV brand Geely Galaxy set a monthly record high this year, with September sales of 130,479 units, up 8% year-on-year and 10% month-on-month. Geely Xingyuan (Star Wish) sales exceeded 50,000 units for 4 consecutive months, with September sales of 60,871 units and cumulative sales exceeding 950,000 units; Galaxy Xingjian 7 sales were 22,059 units; Geely Galaxy E5 sales were 12,695 units, exceeding 10,000 units in single sales for 4 consecutive months. From January to September, Geely Galaxy cumulative sales were 877,184 units. In September, Geely Galaxy launched multiple new cars, including Panda Kart Ningde Version, New C-Class AI Pure Electric Sports Car Geely Galaxy TT, New Geely Galaxy E5; Galaxy Starship 700 started global pre-sale in the price range of 199,800 to 389,800 RMB. Orders broke 10,000 units in 9 minutes of pre-sale opening, and 43,900 units in 60 minutes.

Regarding multi-energy paths, Geely China Star September sales were 105,980 units, up 9% year-on-year and 5% month-on-month, among which China Star high-end series sales were 35,174 units, Boyue Family 25,110 units, Shuangbin Family 28,879 units; cumulative sales from January to September were 873,776 units. Xingrui L PLUS started pre-sale, new fourth-generation Boyue L launched, achieving upgrades in over 200 functions.

Regarding the overseas market, Geely Auto's overseas export sales have exceeded 100,000 units for 4 consecutive months. September overseas export sales were 106,685 units, up 162% year-on-year; overseas export sales from January to September were 797,670 units, up 169% year-on-year. NEV export sales maintained high growth rates. September exports were 73,664 units, up 403% year-on-year, accounting for 69%; exports from January to September were 484,086 units, up 531% year-on-year, accounting for 61%, a significant increase compared to the same period last year.

Brands are advancing in sync across multiple overseas markets. Zeekr 9X officially started large-scale shipping to the UAE, with local pre-sale orders exceeding 700 units, local price equivalent to over 800,000 RMB; Zeekr 009 consecutively won the pure electric MPV sales champion in Thailand and Malaysia for several months. Lynk & Co 8 ranked first in sales in the high-end sub-market in Ecuador in August, and third in PHEV SUV brand sales in Tunisia. In August, Geely brand sales in Australia broke 4,500 units, ranking first among Chinese car brands in the Panama passenger car market, cumulative sales in Brazil exceeded 36,000 units, and cumulative sales in the UK exceeded 10,000 units.

Export rhythm and local operation systems are improving in sync. In September, Geely's first D-class PHEV global model Geely Monjaro EM-i launched in Egypt, and will later land in multiple markets including UAE, Mexico, and Kazakhstan. Geely Xingyuan (Geely E2) obtained 2026 version Euro NCAP and ANCAP five-star safety ratings and launched in many places including Spain and Switzerland. Regarding channels, Geely Automobile signed a strategic cooperation agreement with Cyprus car general agent KKS Mobility Ltd., and reached a final agreement with Volvo Cars on the commercial cooperation plan for the Lynk & Co brand in the European market: Starting from January 2027, Volvo will become the exclusive dealer for Lynk & Co in Europe. On September 15th, the first locally manufactured Geely Galaxy Xingjian 7 in Brazil went off the line at Ayrton Senna Industrial Park, laying the foundation for the local manufacturing of subsequent pure electric models Geely Xingyuan.

While sales scale develops steadily, Geely Auto's sustainable development capabilities were recognized again: Geely has been selected as a vehicle enterprise in the Hang Seng Sustainability Enterprise Index for four consecutive years, ESG rating improved for two consecutive years, rising from "A+" to "AA", and has been selected for the Hang Seng ESG 50 Index and Hang Seng Sustainability Enterprise Benchmark Index for six consecutive years.