Geely Auto Achieves Record 2.17 Million Units Sold with Global Growth Surpassing 53%

In a remarkable achievement for the automotive industry, Geely Auto announced its annual sales of 2.17 million units for the year 2024, representing a significant 32% increase compared to the previous year. This milestone is further accentuated by the company’s international operations, which recorded a stellar growth rate of 53%, with 403,923 vehicles exported to various global markets. The company's strategic expansion has facilitated access to over 80 countries and regions, entering more than ten new markets while reinforcing its presence in established territories, including the Middle East, Eastern Europe, and Latin America.

Geely's impressive sales figures are not merely a number; they echo the company's commitment to delivering quality vehicles and maintaining exceptional customer experiences across diverse global demographics. The launch of 16 new models in more than 40 countries has played a pivotal role in its expansive growth strategy.

One of the key factors behind this success is the extensive enhancement of Geely’s global sales and service network, which has expanded to approximately 900 locations—a remarkable 69% increase from late 2023. Furthermore, the establishment of two new manufacturing plants in Asia and Africa highlights Geely’s dedication to optimizing local production capabilities. The creation of four new subsidiaries in countries such as Indonesia, Australia, the Philippines, and Chile has also been integral in strengthening regional markets.

Particularly noteworthy among Geely's flagship models is the Coolray, which has yielded impressive sales figures of one million units and secure top-three rankings among Chinese brands in six vital markets. The Monjaro also registered a 150% increase in exports year-over-year, revealing strong consumer demand driven by its luxurious design and robust performance. Additionally, the Emgrand has proven its dominance, ranking in the top three A-Sedans across nine key markets.

Geely Auto has amassed a user base that exceeded 16 million in 2024, reaffirming its position as a leader focused on product innovation, operational excellence, and brand building. To cater to the diverse needs of its markets, Geely continues to implement its “Multi-Energy” strategy, which encompasses traditional combustion, hybrid, electric, and methanol powertrains. This approach not only meets varying consumer preferences but also aligns with global trends towards sustainable energy solutions.

Moreover, Geely Auto remains dedicated to social responsibility, emphasizing its commitment to positive change. The company has actively engaged in charitable initiatives across Europe, welfare projects in Latin America, and vehicle recycling programs in Africa, all of which reinforce its philosophy of delivering a beneficial impact on a global scale.

Looking ahead, Geely Auto has set an ambitious target for 2025, aiming to achieve global sales of 2.71 million units. This goal will build on the foundations laid in 2024 while enhancing the overall operational concepts, business capabilities, and product strategies. With its steadfast determination to elevate customer service and after-sales care, Geely Auto is poised for continued success in the dynamic global automotive market.

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Topics Auto & Transportation)

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