Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30%

CY Foong · Aug 19, 2021 12:15 PM

Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30% 01

Following its announcement of sales for the first half of 2021, Geely Auto Group also announced plans on achieving 3.65 million units in annual sales by 2025. The Geely Auto Group consists of sub-brands including Geely Auto, Lynk & Co, Zeekr, and Geometry.

Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30% 02

The Chinese carmaker also aims to expand its position as a market share leader among Chinese automakers. Among Geely’s 2025 target, electrified vehicles (including hybrids) will account for 30% or around 1 million vehicles per year.

Also read: Geely’s 200,000 km EV battery reliability claim – valid for Malaysia?

Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30% 01

Meanwhile, Zeekr, which was launched this year, will aim to achieve 650,000 units in annual sales by 2025. Pretty ambitious figures but with the first batch of Zeekr’s debut model, the Zeekr 001 sold out within 2 months, that target might be achievable.

Also read: Geely Chairman Li Shufu steps down, to be Zeekr’s boss

Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30% 02

In September 2021, the first Zeekr experience centres (fancy speak for showrooms) will open simultaneously in Hangzhou and Shanghai.

Also read: From Tesla killers to a G-Class homage, these 8 Chinese cars offer affordable luxury alternatives

Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30% 03

Geely plans to introduce the GHS (Geely Hybrid System) 2.0 intelligent hybrid powertrain system in the second half of 2021. The hybrid powertrains will be installed on flagship Geely models and will be offered on 10 new models from the Group.

Also read: Geely: From city cars to buses, SEA platform will be the gold standard for EVs

Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30% 04

Aside from the new hybrid powertrain, Geely also plans to increase battery size on its PHEV models and extend the pure electric range of its plug-in hybrids to between 100 and 200 km.

Geely aims to sell 3.65 million cars annually by 2025 – xEVs to account for 30% 05

Geely is also on track to continue expanding its presence around the world. Aside from plans to launch the Lynk & Co brand in Asia in the second half of 2021, another sub-brand, Geometry, will begin its roll-out in Eastern European markets.

Also read: In tie-up with Geely, Renault is ditching Alliance partner Nissan to re-enter China

CY Foong

Writer

Traded advertising for a career that fits his passion for cars. Enjoys spotting cars during his free time and has a soft spot for Japanese Kei cars but drives a thirsty manual sedan.

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