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Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon

CY Foong · Aug 19, 2021 11:00 AM

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 01

Geely Auto Group (not to be confused with Geely Holding which owns Proton and Volvo) has just announced that it sold 630,237 units in the first half of 2021. These sales figures include Geely’s sub-brands like Lynk & Co, Geometry, and Zeekr.

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 02

The Chinese carmaker saw a growth of 19% year-on-year (YoY). Among these totals, Lynk & Co reportedly sold 107,873 units, an increase of 96.98% YoY.

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Also read: Proton's distant cousin, Lynk & Co has 7 models on sale; Here's a handy guide

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 01

Ever since the premium brand was launched in China five years ago, Lynk & Co has sold a total of more than 550,000 units. Meanwhile, Geely plans to expand the premium brand beyond Europe and China with plans to introduce Lynk & Co to select Asian markets in the second half of the year.

Also read: Bargain Volvo XC90? The 2021 Lynk & Co 09 is priced from RM 194k in China

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 02

Currently, Lynk & Co is available in the Netherlands, Germany, Belgium, Sweden, and its home market, China. As you can see, the markets are all left-hand-drive (LHD), which might give a clue that the “select Asian markets” would likely be LHD markets too. Sorry, Malaysians, you might need to wait a little while longer.

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 03

Another segment that saw tremendous growth for Geely is electrified vehicles which saw sales increase 189% YoY in H1 2021. Geely is pushing forward to expand its electrified line-up with the introduction of the GHS (Geely Hybrid System) 2.0 intelligent hybrid powertrain system on its flagship models during the second half of 2021.

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 04

Following that, Geely aims to introduce GHS 2.0 to 10 new models within its line-up in the next 3 years. The Chinese carmaker claims that the new powertrain has an industry-leading thermal efficiency of 43.32% and fuel savings of 40%.

Also read: Geely's Lynk & Co hybrids to enter Korea via Renault Samsung

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 05

Despite the ongoing global chip shortage and the resurgence of Covid-19 cases around the world, Geely’s annual target of 1.53 million units for 2021 remains unchanged.

Also read: Global chip shortage could remain until 2022, warns Bosch CEO

Geely sold 630k vehicles in H1 2021, Lynk & Co to expand into Asian markets soon 06

It also announced its plan to achieve annual sales of 3.65 million units by 2025 with electrified vehicles accounting for 1 million of that total.

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

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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