#China #Hangzhou #Geely Auto #Coolray #Monjaro

Geely Auto Achieves Milestone Sales in 2024

Geely Auto has announced that its total sales for the year 2024 surpassed an impressive 2.17 million vehicles, reflecting a robust year-on-year growth of 32%. This increase underscores Geely's expanding footprint in global automotive markets and demonstrates its strategic focus on innovation and market accessibility.

Significant Growth in International Markets

In 2024, Geely Auto’s international sales surged, with a record 403,923 units exported—an extraordinary 53% increase compared to the previous year. This growth is attributed to Geely's aggressive expansion, which saw the company successfully penetrate over ten new markets and strengthen its presence in regions including the Middle East, Eastern Europe, and Latin America.

Expanding Production and Distribution Networks

Geely has broadened its operational capabilities, establishing approximately 900 sales and service locations worldwide, a remarkable 69% increase from the end of 2023. To support this growth, the company built two new factories in Asia and Africa and set up four subsidiaries across Indonesia, Australia, the Philippines, and Chile, enhancing local market access and operational efficiency.

Moreover, Geely has implemented a state-of-the-art global parts supply network, supported by one central hub and five strategic international facilities, ensuring a smooth supply chain across its operations.

Popular Models Driving Success

Among the highlights of Geely's lineup, the Coolray reached a milestone of one million units sold across 51 countries, affirming its top-three status among Chinese brands in six key markets. The Monjaro, renowned for its luxurious design and powerful performance, saw exports increase by 150% year-on-year. Additionally, the Emgrand maintained its dominance as one of the top three sedans in nine crucial markets, while the Geely EX5 garnered attention at international auto shows like Automechanika Frankfurt and the Thailand Auto Expo.

Enhancing the Customer Experience

As of 2024, Geely has surpassed 16 million users and remains committed to product innovation, operational excellence, and brand development. The company continues to implement its “multi-energy” strategy, which encompasses internal combustion engines, hybrids, electric vehicles, and methanol-powered options, demonstrating its versatility in responding to diverse consumer demands.

Commitment to ESG Leadership

Geely Auto also places significant importance on social responsibility, engaging in various charitable initiatives across Europe and Latin America, while promoting vehicle recycling programs in Africa. These efforts highlight Geely's dedication to creating a positive impact worldwide.

Looking ahead, Geely Auto aims for an ambitious global sales target of 2.71 million units in 2025, as it endeavors to enhance its operational systems, commercial capabilities, product strategies, and after-sales services.

By consistently focusing on innovation and customer satisfaction, Geely is set to build on its momentum and emerge as a formidable global player in the automotive sector.