- Geely Auto Group aim to sell 3.65 million vehicles per year by 2025
- Electrified vehicles to account for 30% of target
- Zeekr brand aim for 650,000 annual premium pure electric vehicle sales by 2025
- Geely Auto and Lynk & Co to promote next generation ultra efficient hybrid powertrains
2021 August 18th, Hong Kong and Hangzhou. Geely Auto Group announced at its 2021 H1 results media and investors conference that by 2025, the Group aim to achieve 3.65 million units in annual sales across the Geely Auto, Lynk & Co, Zeekr, and Geometry brands and expand its position as a marketshare leader amongst Chinese automakers. Among the Group’s 2025 target, electrified vehicles will account for 30% or over 1 million vehicles per year. The premium electric vehicle Zeekr brand will aim to achieve 650,000 units in annual sales by 2025.
In the second half of 2021, the Group plans to introduce its GHS2.0 intelligent hybrid powertrain system, with an industry-leading thermal efficiency of 43.32% and fuel savings of up to 40%. The GHS2.0 hybrid powertrains will be installed on flagship Geely Auto brand models and within three years will be offered on 10 new models from the Group. In addition to the GHS2.0 hybrid system, the Group also plan to increase battery size on its PHEV models and extend pure electric range of its plug-in hybrids to 100-200km. The improved range will allow more users to meet 90% of their daily mobility needs through zero-emission pure electric propulsion.
In March 2021, the Group announced two Blue Geely Initiatives which showcases two distinct development paths in offering users from different segments and markets more sustainable and environmentally friendlier mobility options. The first Blue Geely Initiative focuses on developing intelligent ultra efficient hybrid powertrain solutions which can be seen in the Group’s promotion of the next-generation GHS2.0 hybrid system. The second Blue Geely Initiative focuses on developing smart pure electric vehicle technologies which has resulted in the launch of the Sustainable Experience Architecture (SEA) and premium electric Zeekr brand.
Globally, Geely Auto Group is continuing to expand its presence through the introduction of its Geely Auto, Lynk & Co, and Geometry brand products in new markets. The Geely Auto brand is steadily building its brand presence in Southeast Asia, the Middle-East, South America, and Russian markets with the introduction of its latest mild-hybrid and 3.0 generation models.