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When discussing Chinese automakers going global, the first reaction for most people is the rivalry between Chery and BYD — one spreading globally with fuel vehicles in emerging markets, the other sweeping overseas high and low-end segments with new energy. But after May's export data was released, I feel Geely is the most worth analyzing in detail.
According to the official narrow-sense passenger vehicle metrics, Geely exported 85,144 units in May, a year-on-year surge of 183.7%; if including commercial vehicles and CKD kits for the whole group, the number is 101,000, with the growth rate also reaching 150%. In the top 5 export tier, this growth rate is significantly ahead. Don't think the 100,000 unit level isn't as flashy as Chery or BYD; you must know that a year ago, Geely's monthly exports hovered around 30,000 to 40,000 units. In just a year, it doubled and more. This growth momentum counts as a fierce role in the entire industry. Moreover, more crucially, its growth is not built on dumping low-price inventory, it is truly quality growth.
Many people's impression of Geely going global is still stuck ten years ago: selling cheap fuel cars, relying on cost-effectiveness to smash open Third World markets. In the past, this was indeed correct, but now things have changed. Geely's current exports follow a typical "three-tier pyramid" strategy, very stable. The bottom layer consists of old timers like Emgrand and Binyue (Coolray), named Emgrand and Coolray overseas, targeting the entry-level commuting market, serving as the sales base. For example, Emgrand's month-on-month growth in Mexico can reach 334%, and Coolray in Latin America overall also has 185% growth. Durable, cheap parts, high recognition in emerging markets, responsible for stabilizing the base.
What truly drives growth and supports quality is the middle layer of new energy models, which is the change I think is most core. In May's exports, the proportion of new energy vehicles has approached 48%, almost half the share, where Xingyuan (Star Wish) and Galaxy E5 played key roles. Xingyuan targets entry-level pure EV commuting, in Mexico, Indonesia, Brazil and several other countries it is the Class B pure EV hatchback sales champion; Galaxy E5 is positioned as a compact pure EV SUV, from Australia to UAE, developed markets and Middle East markets can be won as segment first. Simply put, previously Geely exports relied on fuel cars to fill numbers, now it relies on new energy products to truly grab shares, the gold content is completely different. The peak is supported by Zeekr for high-end image. Although absolute sales are not the main share, being able to beat Tesla Model Y in Australia, taking the luxury pure EV MPV sales champion in Malaysia, shows Geely is not just good at making low-price cars; high-end markets can also take a stand.
As for the single country sold the best, the answer is Mexico, and the advantage is not small. But the interesting part lies in Geely not fighting a single market like many automakers do, such as highly relying on Russia or a specific Southeast Asian country. It is a typical full-domain layout, blooming at multiple points. Besides Mexico holding the top market, Indonesia, Brazil, Australia, Kazakhstan are core growth sources, Latin America, Southeast Asia, Oceania, Central Asia four blocks rise synchronously, no obvious weaknesses.
I always feel, going global fears most is putting all eggs in one basket. In previous years, some automakers exploded in popularity via a single market; later when the market fluctuated, sales directly dove, risk extremely high. Geely's net-style layout, short-term explosion power might not be that exaggerated, but risk resistance is much stronger, growth is more solid. Take Mexico as an example, Emgrand and Star Wish high-low combination, can take the entry commuting market, can also take over electrification upgrade demand, selling well is completely within reason.
Many people say Geely's growth this time stepped on a trend, good luck. I feel it is accumulating thickly to burst thinly, seeds buried in previous years now sprout concentrated. The most direct reason is localization production finally works. Building CKD assembly factories in markets like Indonesia and Thailand can not only dodge high import tariffs, but also shorten delivery cycles, fit local industrial policies, much more flexible than simply relying on sea exports. Plus the global experience accumulated from acquiring Proton and Volvo early on, handling regulations and access standards for various countries, Geely is much more convenient than many new exporters.
Second is fixing the old weaknesses of logistics and after-sales. Previously domestic brand exports were often complained that "buying cars is easy, fixing cars is hard", shipping cars takes waiting two or three months, broken parts wait half a year. Geely now built a own RoRo ship plus China-Europe Railway Express, six major sea ports stereo logistics network, transport time for Europe direction directly shortened by 40 days; parts also did a three-level warehousing system, plus super long warranty, overseas consumers' concerns reduced a lot. Most fundamentally still products stepped on the right rhythm, most countries globally electrification just started, traditional joint venture EVs are either ridiculously expensive or configurations are shabby. Geely's models just fit the sweet spot of price and configuration, the effect of dimensional reduction strike is naturally obvious.
Of course, the nearly doubling high growth rate is also related to last year's base not being high. Truly discussing the total export volume, Geely still has a significant gap with Chery and BYD. But compared to single month sales numbers, I value its growth quality more — no longer relying on low-price fuel cars to rush volume, new energy proportion continues to rise, market layout balanced, high-end brands also going out, this is much more valuable than simple number growth.
From acquiring Volvo in the past being questioned for a small snake swallowing an elephant, to now relying on self-developed products to beat globally, Geely's export road was not the fastest, but every step is steady. In the export wave where everyone races low prices and rushes volume, this kind of strategy to stay focused on localization and build systems might walk further after all. After all, going global is not a one-off deal; being able to sell is just the first step, being able to stand firm and live long is the real capability.
The domestic passenger car market has been sluggish since the beginning of this year. Wholesale sales declined 6% year-on-year in the first five months; if exports are excluded, retail sales declined even more by 19% year-on-year.
In sharp contrast to passenger cars, commercial vehicles achieved double-digit growth in sales from January to May, outperforming passenger cars year-on-year and exceeding market expectations.
The performance of leading enterprises was even more impressive. Foton Motor sold 58,000 units in May, ranking first in the industry, with a year-on-year growth of 17.3%. Cumulative sales from January to May exceeded 300,000 units, ranking first in the industry, with a year-on-year growth of 10%.
Among them, light truck sales in May reached 36,000 units, growing 10% year-on-year. Cumulative sales from January to May were nearly 200,000 units, ranking first in the industry for over a decade consecutively.
Heavy truck sales in May reached 16,000 units, surging 37% year-on-year. Cumulative sales from January to May were 76,000 units, growing 37.2% year-on-year, the fastest growth rate among the top five industry leaders.
New energy vehicle sales in May exceeded 12,000 units, surging 52.6% year-on-year. Cumulative sales from January to May exceeded 45,000 units, ranking second in the industry.
May exports exceeded 17,000 units, surging over 64.3% year-on-year, accounting for 30% of the month's sales. Cumulative exports from January to May were nearly 90,000 units, growing 38% year-on-year, ranking first in the industry for 15 consecutive years.
The data shows that the high growth of Foton Motor in May and the first five months is supported by four factors: light trucks continue to lead, heavy trucks grow significantly, new energy vehicles explode across the board, and exports lead and surge.
Foton achieved such impressive data primarily due to the recovery of the economic environment and demand. In terms of heavy trucks, domestic infrastructure construction accelerated, National III replacement for dump trucks and tractors was implemented, and demand for engineering heavy trucks and express tractors was strong, driving May heavy truck sales to grow positively for the fifth consecutive month year-on-year.
In terms of light trucks, peak seasons for express delivery, fresh cold chain, and urban distribution logistics continued, rural-urban freight demand recovered, and national monthly light truck sales stabilized at a high level above 160,000 units, with a robust demand base.
Secondly, Foton's product matrix is complete, with new products and high-end models gaining volume. For heavy trucks, there are Auman Galaxy (9, 7, 5, 3, T) high-end products and Xingyi + Xinghui models for volume, natural gas heavy trucks and battery swap heavy trucks targeting mining areas and trunk logistics markets. Foton Konwei power's fuel-saving advantages are highlighted, high-end heavy truck average prices increased while sales doubled. New energy heavy trucks with full technology routes (pure electric, hybrid, hydrogen fuel) are launched, vehicle-battery separation leasing lowers user purchase thresholds, driving explosive growth in new energy heavy trucks.
For light trucks, relying on the Auling, Aumark, and Time brand matrix and product differentiation to cover the market in layers. Fuel versions focus on cost-performance, new energy versions adapt to urban distribution restriction policies. Coverage ranges from 3.5-ton blue plate to heavy-duty yellow plate. Lightweight body optimized for new blue plate regulations, solving user registration pain points. Zhilan models and Qimingxing pure electric new products were stocked in May, becoming the core source of light truck volume growth.
Regarding new energy, many places nationwide implemented urban fuel truck restrictions, new energy vehicle purchase subsidies, and priority road rights policies. Electric delivery logistics in first-tier cities accelerated. Foton's "New Energy 30·50 Strategy" was implemented, partnering with Huawei Digital Power to build supercharging networks and co-investing with EVE Energy for battery leasing. The vehicle-battery separation model significantly reduces new energy vehicle down payments. In May, new energy light trucks and heavy trucks became the largest source of volume growth.
Additionally, Foton's channel downward move and marketing reform further drove sales through distributor network advantages. Foton has over 3000 sales networks and 10000+ service networks nationwide, extending from counties to township terminals. Time series target third and fourth-tier lines and rural freight, Auling targets city logistics, Aumark focuses on high-end cold chain, with segmented channels precisely split. In May, terminal purchase interest subsidies and financial zero-down payment policies were launched. Relying on light truck products' low maintenance and high fuel-saving TCO advantages, amidst competitor price wars, they gained orders in reverse trend through service and product strength, continuously capturing competitor lost customers.
Finally, exports growing 64% year-on-year and accounting for 30% of the month's sales was Foton's biggest highlight in May.
Overseas Markets Bloom Across the Board
Overseas markets are Foton's traditional strength. Starting from 2011, it became China's number one commercial vehicle exporter, and Foton has never let this title slip away.
In the first four months of this year, Foton whole vehicle exports grew 32% year-on-year, with overseas market share at 17.5%. In May, large batches of light trucks, buses, and pickups were sent to Africa, Southeast Asia, and South America. Electric buses were delivered in batches to Australia, making overseas volume growth more significant.
From the export product structure perspective, heavy trucks mainly Auman grew significantly, May exports exceeded 2,000 units, growing 42.6% year-on-year. Ouhang and Aumark models were even more dramatic, overseas sales exceeded 4,600 units, surging 280% year-on-year. Time and Pickup grew by 47.4% and 60% respectively.
Cumulative exports from January to May exceeded nearly 90,000 units, growing 38% year-on-year, firmly maintaining the lead in domestic commercial vehicle exports.
From the export regional distribution perspective, benefiting from the RCEP tariff exemption policy implementation in Southeast Asia, urban distribution and cold chain demand exploded in Thailand, Indonesia, and Vietnam. Foton Thailand Factory mass-produced right-hand drive light trucks have radiated to Southeast Asian countries, with Auling and Aumark high-end light trucks selling hot.
Africa is the region with the highest export growth rate for Foton. In 2025, Foton sales in the African region grew over 120% year-on-year. In the first quarter of 2026, sales grew 96% year-on-year. Foton Heavy Commercial products were deeply customized and calibrated for Africa's complex road conditions, fuel consumption performance benchmarks European top brands, lowest fuel consumption among domestic commercial vehicles of the same level, balancing power performance and operating costs, perfectly adapted to high-intensity operation scenarios such as cross-border logistics and mine transportation. In May, Heavy Commercial product exports broke 1,000 units, doubling year-on-year, full category exports in January-May broke 10,000 units. Infrastructure and mineral development in countries like Nigeria, Kenya, and Ethiopia drove whole vehicle procurement, relying on 12 local factories to ship whole vehicles and spare parts simultaneously.
In the Middle East region, relying on Saudi Arabia and UAE energy infrastructure and intercity logistics upgrades, Auman high-horsepower tractors and dump trucks signed contracts in batches and landed. Hybrid heavy trucks increased volume relying on local new energy subsidies.
Europe and Australia issued commercial vehicle carbon emission controls, accelerating the elimination of old diesel vehicles. Foton high-end new energy products achieved breakthroughs in Europe and Australia. Toano electric VANs were bulk purchased by Germany and Italy, raising overseas vehicle profitability levels.
Behind Foton's high export growth is the result of long-term sustained deep diving into overseas markets.
For example, in terms of R&D center count, there are 10 domestically and 8 overseas. Manufacturing bases are 20 domestically and 32 overseas, widely distributed in Southeast Asia, Europe, North America, South America, and Africa. Sales and services cover over 140 countries and regions, with overseas sales networks exceeding 1,200 and service networks exceeding 1,500.
Overseas R&D bases cooperate with domestic R&D to localize exported products. For example, optimize chassis and power for overseas road conditions. Aumark high-end light trucks adapt to Southeast Asia cold chain, Auman high-horsepower heavy trucks match Middle East infrastructure, hybrid and pure electric models adapt to overseas new energy subsidy policies.
In production and manufacturing, local factories in multiple countries have started production, reducing tariff costs and shortening delivery cycles. Pickups and light trucks rely on localized production to quickly seize cost-performance markets.
Regarding new energy, Foton fully self-developed three-electric systems, covering pure electric, hybrid, and hydrogen fuel technology routes. The entire series of new energy commercial vehicles passed EU and Australia's strict certifications. 2.2C fast charging and other technologies became differentiated selling points to expand market recognition.
In the coming months, production lines at new local factories in Brazil and Ethiopia will continue to ramp up. Southeast Asian rainy season cold chain stocking, Africa second half infrastructure construction, Foton exports are expected to continue the high-growth trend.
In the medium to long term, European new energy commercial vehicle penetration rates continue to rise, Latin American import substitution demand is released, helping overseas share stabilize above 30%, diversifying domestic stock market competition pressure, and improving a sustainable and healthy global layout.
When it comes to domestic car brands, many people's impression may still be stuck at the stage of mainstream family cars. However, this is already old news from a few years ago. You should know that current domestic car brands not only beat joint venture brands in the domestic market, but have also surpassed foreign car brands on multiple tracks such as high-end development and overseas exports. Take the Geely Automobile we are talking about today for example.
Growth Momentum Leads the Industry
According to the latest data released by the official, Geely Automobile's cumulative sales in May reached 237,637 vehicles. It achieved double growth year-on-year and month-on-month for three consecutive months, leading the overall market with stable growth and impressive results. However, compared to this already excellent total performance, many industry insiders, after seeing the sales results of each brand under Geely Automobile, will be amazed that its quality is also getting higher.
As is well known, there are two hardest markets in the automotive industry: the luxury high-end market and the overseas export market.
Taking Geely Automobile as an example, its "Global Luxury Technology Brand" — Zeekr Automobile, reached deliveries of 34,377 vehicles in May, an 81.8% increase year-on-year and an 8.1% increase month-on-month, achieving double growth for four consecutive months. The average transaction price per vehicle also increased by 52.4% year-on-year. What is even more shocking is that the sales share of Zeekr 9 Series and 8 Series, which are priced as high as 400,000 to 500,000, accounts for nearly 50%!
Not only that, Geely Automobile's "Global New Energy High-End Brand" — Lynk & Co, also achieved May sales of 20,732 vehicles, with new energy vehicle sales accounting for 70.8%, and the brand's cumulative sales have broken 1.8 million. This shows that Geely Automobile's high-end models have not only won the recognition of a large number of consumers with excellent product power, but have also completed the transformation of volume and price rising together at the brand level.
Of course, as the undisputed leading automotive enterprise in China, Geely Automobile's focus is no longer limited to the domestic market. It chose to go global to challenge the more difficult overseas market. This is not the case, May's overseas export achievement of 85,144 vehicles set a new record for export sales. It is worth mentioning that the hot-selling products of Geely Automobile brands overseas are also mostly high-end or new energy vehicles.
For example, Zeekr has entered more than 50 countries and regions, and the cumulative global delivery volume of Zeekr 7X has exceeded 160,000 vehicles; Geely Galaxy Starship 7 EM-i remained the champion of new energy plug-in hybrid SUV sales in Kazakhstan for March and April; Geely Galaxy E5 remained the champion of pure electric SUV-C market sales in Australia, Argentina, UAE, Morocco, and Uruguay for the first quarter, and stayed in the top three in Brazil, Uzbekistan, and Indonesia new energy pure electric SUV-C models!
Hardcore Strength Creates Brilliance
Obviously, whether it is the rapid sales growth trend, or the hot sales in new energy, high-end market and overseas market, it is inseparable from hard strength as support. Taking Lynk & Co Automobile as the first car racing brand in China for example, top technology shouldn't just stay on the marketing level, but must be proven on the track. Therefore, it recently announced carrying 03+ TCR Racer, 03++ Racer, and 03 CUP EVO three racing cars to participate in TCR China, CTCC China Cup, and Lynk & Co Cup three major events simultaneously.
With hardcore strength, Lynk & Co naturally fears no high-difficulty tests. In the two-round finals of TCR China, the 03+ TCR Racer achieved the results of 4 championships, 1 runner-up, and 2 third-place finishes with its hardcore performance strength; in the CTCC China Cup, the Lynk & Co Zongheng Racing Team even achieved the results of 2 championships, 2 runner-ups, and 1 third-place finish. At the same time, in the 2026 Season FIA TCR World Tour opener, the Starri TCR Racer of Geely China Star Racing Team (Geely Cyan Racing) also won the race in the final and brought back the historical first win. This not only means that Starri TCR has world-class competitiveness, but also marks that Geely China Star Racing Team has officially completed the first chapter of the Geely Automobile Sports New Era.
At the same time, in technical levels such as intelligence and safety, the Haohan inherited Geely and Volvo safety heritage, assisted driving mileage grew by 215% in one year, leading the entire industry with the fastest growth rate. In the recent Euro NCAP official test, Geely Galaxy Starship 7 EM-i (Geely STARRAY EM-i) successfully completed the exceeding standard bilateral serial limit crash test at the France UTAC Laboratory. This not only intuitively confirms Geely's leading vehicle safety technology and mature systematic safety strength, but also lays a solid foundation for Chinese automotive safety technology to go international and participate in global industry standards!
Daxia Car Talk: I believe many people, after seeing Geely Automobile's sales data, will have the praise "It's too comprehensive" in mind. After all, car enterprises that can achieve impressive results in new energy, high-end, overseas exports, and even on the track at the same time, let alone in the independent domestic brand circle, you can't even find a few car enterprises in the global automotive industry that can achieve these things simultaneously!
On May 24, Manchester City played against Aston Villa at home, which was Guardiola's final match managing Man City, also a farewell full of ritual. No matter how reluctant fans were, the 10-year Blue Moon Dynasty finally reached the time to say goodbye.
In this farewell atmosphere, Coach Guardiola drove away in that blue Sea Lion 07, showing unprecedented presence in front of billions of fans globally.
Many people saw this scene and were shocked, some wiped their eyes, finding it really was BYD. Another part sighed, changed person, changed scene, how did this BYD suddenly become high-end. Some others dug out information, this car sells for £44,990 in UK, truly a high-end car in name and reality.
Actually while Guardiola left driving BYD, the overseas road of domestic cars was surging. Why say this? Let Kung Fu Auto take everyone to have a look.
(1) Break Through Plateau, Domestic Car Exports Continue Significant Growth
On May 25, Cui Dongshu, Secretary-General of China Passenger Car Association, announced the latest export information.
This year January-April, domestic car exports reached 3.26 million, up 51% compared to same period in 2025. Among them April export volume was 940,000, nearly 1 million single month, up 52% year-on-year. This data is too exaggerated. It is known that Chinese car exports experienced many years of million-level plateau, breaking through only in 2021, yet now nearly 1 million vehicles exported in single month.
More specifically, Brazil surpassed Russia as China's largest car export country. April single-month exports reached 121,766 vehicles. Russia ranked second at 77,524 vehicles. Additionally, Belgium, Australia, UK exports were all around 50,000.
Key point domestic car exports highlight "selling everything". April BEV share was 31%, PHEV 18%, HEV 7%, traditional fuel cars only 34%. This also shows one point, NEVs not only popular domestically, also competitive in international market. Meanwhile, domestic fuel cars going international, still have competitiveness.
Also another trend, previously domestic car key markets concentrated on Russia and Middle East. Initially thought this Middle East tension would greatly affect exports. Unexpectedly reality situation was opposite, Western Europe (UK, Belgium, Germany, Italy) and South/Central America (Brazil) markets became core increases, domestic car export share to developed countries increased significantly.
Whether Middle East geopolitical impact or EU/US trade barriers, cannot say no impact on domestic cars, but none touched root. Core is one point, domestic car product strength truly strong.
BEV, PHEV, HEV three routes all landed, adapting to different regional oil quality, road conditions, recharging conditions. Global adaptability far exceeds overseas competitors. Ability to enter German, UK, Belgium and other European developed markets in bulk, means vehicles in safety, energy consumption, durability, regulations fully benchmark or even exceed local mainstream models. Hard power recognized.
(2) Pure Electric Growth Slows, Is it an Open Strategy?
Cui Dongshu gave NEV export situation. This year January-April, Brazil was undoubtedly pure electric largest market, sold 222,000 NEVs vast majority were BEV. Belgium as European gateway, 130,000 NEVs almost all pure electric.
UK, Australia, Thailand, UAE these markets also focus on BEV, PHEV gradually penetrating.
In this way, pure electric market actually divided into three blocks. Europe is high-end pure electric main battlefield, requiring highest quality, intelligence, safety. Even Guardiola drives BYD. Brazil, Australia mid-high-end pure electric combined with some economy pure electric. Southeast Asia started economy pure electric gradual volume release.
Mainly due to supply chain maturity, same spec BEVs generally 30%–50% cheaper than Europe/Korea/Japan BEVs. Especially some A00/A0 Class, like Wuling Hongguang MINI, BYD Seagull etc., in emerging markets very competitive, account for over half BEV exports. If subsequent Geely Star Wish can also go out, believe will also have good market performance.
Speaking Zeekr plus Galaxy combination, high-end pure electric plus economy family car, really perfectly suits overseas market. No wonder Geely export growth so fast. January-April 2026, Geely NEV exports year-on-year increased by full 624.5%, growth rate industry first, just because product too adaptable.
Of course, some people mention, entering 2026, pure electric export growth slowed, while PHEV share reached 18%, already exceeded half of pure electric. This mainly due to recharging infrastructure differences. Many countries charging piles insufficient, more prefer PHEV, HEV, drag pure electric penetration rate.
Domestic also experienced this stage. On one hand infrastructure must follow up gradually. On other hand ideas "follow up". Why did domestic range extenders experience several years big growth then shrink? Because people who bought range extenders early finally realized using electricity too "addictive", subsequent car replacement only considers pure electric. Expected overseas market also this sequence.
(3) Tech, Brand Dual Output, Becoming Steadier and Steadier
In 2023, Chinese car export volume reached 4.91 million, surpassed Japan for first time, became world's largest car export country. These two years gap always widening. This year expected to reach 10 million scale, already far ahead.
Also many people worry, domestic cars will repeat domestic motorcycle fate. Early 2000s, domestic fuel motorcycles in Southeast Asia market share once reached 80%+. Result few years time dropped to 1%. Now domestic cars also this driving. Exports seem unstoppable. Will it also on some day directly collapse.
This actually completely need not worry. Now domestic cars, walk tech, brand dual output high-end road. Why Guardiola chose Sea Lion 07, because dual motor 4.2s 0-100, Blade Battery, Cell to Body car body. Although in domestic only 200,000 level car, but product strength can benchmark Porsche Taycan, Tesla Model S.
Even Coach himself frankly, "After test driving in Manchester for few weeks, performance, comfort and tech completely moved me". Getting recognition from football "Tactical Master", equivalent to having authority endorsement. Domestic cars in UK pure electric market share, also long ago surpassed American, German, Japanese cars, topped first. In Europe, Japan often won professional awards.
Before relied on price war to enter Southeast Asia, Middle East markets, image low-end. Nowadays use tech strength directly benchmark luxury brands, no longer just rely on low price compromise. In recent years, domestic cars start to brand implant into Europeans daily focus football, racing scenes. Also started production in Brazil, Thailand, Hungary etc., not to grab one time, but truly root locally.
Nowadays domestic cars, long ago no longer hide behind curtains OEM, but with independent brands face global consumers, start truly realize from "Made in China" to "Created in China". NEV track overtake on change of track, let Chinese car first time in global mainstream market own discourse power.
(4) Kung Fu Commentary
When Guardiola drove blue BYD waving goodbye to Blue Moon field, this vehicle sailing to world, also became vivid footnote for Chinese cars setting sail overseas.
From previous low price volume, image limited, to now rely on hardcore tech stand firm EU US high-end markets, multiple power routes comprehensive bloom domestic cars, overseas map is continuously expanding, completely jumped out past development predicament.
Once looked up at full street overseas luxury cars, now looking at world full of Chinese sedans. Push forward five years ago, who could think today?
Currently, the global automotive industry is undergoing triple transformations of electrification, intelligence, and low carbonization. In 2025, China's new energy vehicle exports reached 2.615 million units, a year-on-year increase of 103.7%, ranking first globally for three consecutive years. Against this backdrop, JMC New Energy has clarified the strategic direction of the "15th Five-Year Plan", focusing on "Independent + Co-creation" as the core, and formally entering the new stage of "Value Deepening".
JMC New Energy Reconstructs Systems to Build Global Competitive Barriers
The foundation of "Value Deepening" lies in strategic system reconstruction. JMC New Energy deeply recognizes that true globalization is by no means simple product output, but the deep rooting of a value system. During the "15th Five-Year Plan" period, the enterprise will focus on three major tracks: "Perfecting Small Cars, Strengthening Mobility Cars, Optimizing Autonomous Cars", building six strategic pillars: "Technology Leadership, Model Innovation, Low-carbon Empowerment, Full-chain Strict Control, Digital Intelligence Drive, Talent Storage", comprehensively solidifying development foundations.
Nie Xiaoyong, General Manager of JMC New Energy Overseas Business Division, presented the overseas market report at the newly launched Yizhi EV3 launch event.
On the technology level, JMC New Energy relies on mature three-electric core technologies, paired with intelligent connectivity and lightweight body double empowerment, inheriting JMC Group's "Safe, Reliable, Economical, Durable" quality genes, creating core advantages such as extreme low energy consumption and full-domain safety protection. Yichi 05 meets high standards for collision requirements, won the EU WVTA Certification Certificate, and passed localized regulatory certifications in countries such as Australia, Thailand, UAE, crossing the global's strictest technical thresholds with reliable quality.
From Technology Certification to Ecosystem Co-construction, Globalization Path Clear and Accelerating
Technical capabilities are the "entry ticket" to participate in global competition, but true globalization tests the dimensional upgrade of models. To this end, JMC New Energy focuses on promoting product localization, manufacturing localization, and team localization, building a full-chain globalization system of "R&D - Production - Marketing - Service", joining hands with global partners to co-build energy ecosystems, mobility ecosystems, and intelligent ecosystems, achieving the transformation from single product trade to co-creation and mutual benefit.
Latest data shows that JMC New Energy's overseas market has expanded to 40+ countries and regions, business footprints covering Europe, Africa, Middle East, Southeast Asia, South America five continents. Export business achieved positive growth for three consecutive years, year-on-year growth in 2023 was 70%, in 2024 was 25%, in 2025 was 203%, showing an accelerating leap trend.
Behind this achievement is a clear path of globalization promotion. From the first vehicle landing in Singapore, opening the door to the South Asian market, to Mauritius, Sri Lanka, Nepal, Pakistan listed successively, deeply cultivating the Indian Ocean and Southeast Asia core markets; from Canton Fair first appearance to Yichi 05S officially released, to hundreds of Yichi 05S batches sailing towards the global, JMC New Energy lights up the global map with solid steps. In 2025, Yichi 06 appeared at the WNEVC World New Energy Vehicle Congress, concentrated displaying the enterprise's systematic solutions in the field of intelligent mobility. On May 26, 2026, the all-new Yizhi EV3 launched globally synchronously, bringing new choices for beautiful mobility for global users.
It is worth noting that JMC New Energy is not "fighting alone" in the overseas market. The enterprise actively builds deep cooperation networks with local dealers and service providers, in Southeast Asia, Middle East, Africa and other regions has formed a relatively complete sales and after-sales service system, truly achieving the leap from "Selling Cars" to "Rooting".
Facing the future, JMC New Energy will take technology as the root, model as wings, cooperation as the bridge, steadily promote globalization layout. The great way is simple, hard work is essential, Yizhi Auto is writing a new chapter of Chinese new energy vehicle globalization.
On June 1, Geely Automobile Holdings Co., Ltd. (shturl.) released May sales data, with sales reaching 237,637 units that month, achieving double-digit growth month-over-month and year-over-month for three consecutive months. New energy, overseas exports, and each brand segment delivered outstanding performance, demonstrating strong growth momentum.
Sales Rise Across the Board; New Energy Share Continues to Lead
In May, Geely Automobile's overall sales grew steadily, with its three core brands working in synergy:
Group new energy sales (including Geely, Lynk & Co, ZEEKR) reached 133,355 units, accounting for 56.1%, exceeding 50% for four consecutive months, showing significant results in new energy transformation.
Overseas markets achieved another breakthrough. May export sales reached 85,144 units, a new historical high. Among them, new energy product exports were 40,803 units, accounting for 47.9%, with global layout continuously deepening.
Multiple Brands Work in Unison; Product Matrix Continues to Upgrade
ZEEKR: Luxury Pure Electric Sales and Value Rise Together; Flagship New Product Leads with Power
The refreshed ZEEKR 009 officially launched on May 19, with a limited-time price starting at 413,800 yuan after benefits. The seven-seat Ultra+"Family Edition" order share exceeded 60%. The new car features a full-stack 900V high-voltage architecture, CLTC range of 720 km, adding 510 km of range in 10 minutes of charging, 0-100 km/h acceleration in just 3.9 seconds, paired with a 700 TOPS computing power Thor-U chip, achieving the pinnacle of intelligence and performance.
ZEEKR 7X global cumulative deliveries exceeded 160,000 units, expanding to over 40 regions in one year of going global; ZEEKR 9X cumulative deliveries surpassed 60,000 units, with shooting brake model confirmed orders continuously breaking 10,000.
Lynk & Co: Electrification Transformation Accelerates; Sports Performance Redefined
Lynk & Co May new energy model sales were 14,688 units, accounting for 70.8%. Lynk & Co 10 and Lynk & Co 10+ officially launched at the end of May and started the first batch of deliveries, redefining the standard for mid-to-large size sports pure electric sedans with ultimate driving control.
Coinciding with the brand's 10th anniversary, nearly 100 Lynk & Co stores nationwide completed image refreshes, and channel new energy transformation is landing on a large scale; meanwhile, signing Han Dongjun as the Automotive Sports Ambassador, with frequent race results, winning multiple championships in TCR China and CTCC events.
Geely Brand: Hit Models Frequently; Covering All Sub-segments
Dual Breakthrough in Globalization and Intelligence; Strengthening the Foundation for Development
Overseas markets bloomed in multiple points, with multiple ZEEKR and Geely Galaxy models topping sales lists in sub-segments in countries such as Australia, Mexico, and Malaysia; in May, Geely Automobile reached a strategic cooperation with the England team, continuously expanding the globalization "friend circle."
In the field of intelligence, Qianli Haohan assisted driving cumulative mileage reached 1.38 billion kilometers, activation rate 93.8%, year-on-year growth 215%, cumulative avoidance 8.9 million times, safety strength industry-leading. Geely Galaxy Starship 7 EM-i completed extreme collision tests, demonstrating Chinese automobile manufacturing strength with hardcore safety.
Based on the "One Geely" strategy, Geely Automobile will continue to deepen new energy and intelligence transformation, accelerate global layout, drive the Chinese automobile industry to continue upward with all-round upgrades in products, technology, and brands.
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