Sales have exceeded one million vehicles for 5 consecutive years, Geely Automobile 1

On November 8, Geely Automobile Holdings Co., Ltd. (HK.0175) announced sales data: 111,599 units were sold in October, an increase of about 7% month-on-month. From January to October, the total sales volume was 1033,395 units, an increase of about 2% year-on-year. At present, 68% of the annual sales target of 1.53 million units has been completed. Due to the impact of the epidemic in some regions and the shortage of chips such as the new generation 7nm 8155 for the first time of Xingyue L, as of the end of October, Geely Automobile has exceeded 150,000 undelivered orders.

It is worth mentioning that Geely Automobile delivered a total of 112,822 vehicles in October and 1,036,608 vehicles in January-October. Among them, the Lynk & Co brand delivered 1,223 vehicles to customers in the European market through an innovative subscription model in October, and a total of 3,213 vehicles were delivered through a subscription model in January-October.

In the field of new energy, Geometry A, Geometry C, Emgrand EV, Emgrand GSe and other new energy and electrified models sold 7,909 units in October, an increase of about 36% year-on-year. Total sales of new energy and electrified models from January to October were 65,152 units, an increase of about 20% year-on-year.

In terms of overseas exports, the export volume in October was 10,104 vehicles, an increase of about 26% month-on-month. The cumulative export volume from January to October reached 84,818 vehicles, an increase of about 73% year-on-year. Geometry brand orders once again passed Wanda 11,567 vehicles in October. In terms of overseas sales, the first batch of Geometry C to go overseas has been sold in the Israeli market, and has won wide attention and recognition from local media and consumers with its excellent product strength.

In October, Geely Atlas’s total sales in Russia exceeded 25,000; Geely Coolray was named the first Chinese model to fully meet the expectations of car owners by the Russian authoritative analysis agency "Autostat".

The new trend technology brand JK officially started delivery in October, taking a solid step towards the goal of "creating the ultimate travel experience with users". As of the end of October, a total of 199 JK 001 vehicles had been delivered.

Xingyue L orders exceeded 75,000, and the total sales of Boyue family exceeded 1.31 million

"China Star", which fights for the "value of Chinese cars", continued to sell in October, achieving a total of 18,253 sales results. Among them, "China Star · Flagship Palanquin" Xingrui continued to maintain a monthly sales trend of over 10,000 sales, with sales of 12,053 units in October and sales of more than 126,000 units in the 12 months of listing. With a strong monthly sales volume of over 10,000, users can see its strong market strength and product competitiveness, and further refresh the value height of Chinese palanquins.

Affected by the shortage of supply of the flagship car standard chip Qualcomm Snapdragon 8155, the "China Star · Flagship SUV" Xingyue L sold only 4,092 units in October, and the cumulative sales volume for more than three months on the market is 30,355. The total order has exceeded 75,000. The Qualcomm Snapdragon 8155 chip carried by Xingyue L is the top-of-the-line and the first mass-produced 7nm process car-grade digital cockpit chip. It can calculate 105,000 DMIPS in 1 second, which is 2.5 times faster than Tesla HW3.0 chip. Although it is difficult to find a car at the end point, many users who have placed orders say that "Xingyue L is worth the wait".

The fourth-generation Emgrand has been on the market for only two months, but as a model with deep heritage, it continues to be a champion quality, and sales continue to rise. In October, the Emgrand sedan sold 17,585 units, and the cumulative sales from January to October exceeded 150,000 units; as of now, the Emgrand family has sold nearly 3.30 million units. The Emgrand L, based on the BMA architecture and the new design style of "Energy Storm", will be launched in the fourth quarter. With the blessing of two new Emgrand sedans, Geely sedan sales are expected to reach a new high.

With the help of the "Chinese style intelligent SUV" Boyue X, the Boyue family sold 17,352 vehicles in October, and the cumulative total sales from January to October reached 188,535 vehicles. So far, the cumulative sales of the Boyue series have exceeded 1.31 million vehicles.

"China Steel Cannon" New Colorado sold 13,183 units in October, and the total sales volume from January to October exceeded 110,000 units, an increase of 17% year-on-year. In the three years since its listing, Colorado’s total sales have exceeded 400,000 units.

Lynk & Co’s cumulative sales are nearly 600,000, and Lynk & Co 09 orders break 10,000

The Lynk & Co brand sold a total of 21,707 vehicles in October, and the total sales volume from January to October was 169,667 vehicles, an increase of 33% year-on-year. As of now, the total sales volume of the Lynk & Co brand is nearly 600,000 vehicles.

On October 20th, the fifth anniversary celebration of the Lynk & Co brand and the launch conference of the luxury smart flagship SUV Lynk & Co 09 was held in Shanghai. As a global new high-end brand co-created with users, Lynk & Co continues to change mobile travel with the spirit of challenging convention, and resonates with the young crowd with the "more than car" trend lifestyle, winning the support of 600,000 users. The conference also listed the breakthrough work of Lynk & Co’s fifth anniversary – the new flagship product Lynk & Co 09 based on the SPA architecture. As of now, the cumulative order of Lynk & Co 09 has exceeded 10,000. In October, the Lynk & Co brand exported 2,756 vehicles to the European market, and the total export volume to the European market from January to October was 10,702 vehicles. In October, the Lynk & Co brand delivered 1,223 vehicles to customers in the European market through an innovative subscription model, and a total of 3,213 vehicles were delivered through a subscription model from January to October.

"Raytheon Power" drives "Intelligent Manufacturing Geely 2025" to launch 25 new smart new energy products within 5 years

On October 31, Geely Automobile Group officially released the global power technology brand "Raytheon Power" and "Intelligent Geely 2025" strategies, and will continue to adhere to high-quality development, firmly lead by technology, and become a technology-led global automotive enterprise. With new smart new energy products, we will create a smart travel experience that exceeds users’ expectations.

As an important part of the "Smart Manufacturing Geely 2025" strategy, "Raytheon Power" has opened up a new era of "Power 4.0" for Geely to fully enter the electrification of power technology. The product matrix of "Raytheon Power" includes Raytheon Zhiqing Hi · X hybrid system, high-efficiency transmission, high-efficiency engine and a new generation of electric drive device "E-drive", dedicated to realizing "Chinese power and global supply". Among them, Raytheon Zhiqing Hi · X, as a world-class modular intelligent hybrid platform, includes 1.5TD/2.0TD hybrid special engine, as well as DHT (1-speed transmission)/DHT Pro (3-speed transmission) hybrid special transmission, which supports full coverage of A0~ C-class models, and covers HEV, PHEV, REEV and other hybrid technologies. As a world-class modular intelligent hybrid platform, Raytheon Intelligent Engine Hi · X has six ceiling-level technologies in the hybrid industry, including the world’s highest engine thermal efficiency of 43.32%, the world’s highest gear 3DHT, and 40% fuel saving rate. It surpasses the Japanese hybrid in core technology. It is worth mentioning that Raytheon Intelligent Engine Hi · X hybrid system will be the first to be equipped on Geely’s "China Star". In the next three years, there will be more than 20 models equipped with Raytheon Intelligent Engine hybrid.

In order to ensure the advancement of the "Intelligent Geely 2025" strategy, Geely has built a full-stack self-research ecosystem in core technology fields such as new energy, autonomous driving, intelligent network connection, and intelligent cockpit through "One Network, Three Systems" and "Nine Dragon Bay Action". In the next five years, Geely will invest 150 billion yuan in R & D funds to continue to maintain the first investment in R & D of Chinese automobile brands; launch more than 25 new intelligent new energy products. By 2025, Geely will commercialize L4-level autonomous driving and fully master L5-level autonomous driving; achieve the total sales volume of the group 3.65 million vehicles, and overseas sales reach 600,000 vehicles; Geely, Geometry, and Lynk & Co will realize 100% all-scene digital value chain of mobile end point. At the same time, Geely’s total carbon emissions will be reduced by 25% by 2025, and carbon neutrality will be achieved in 2045.

It is foreseeable that with the gradual implementation of the "Intelligent Geely 2025" strategy, Geely’s products will have stronger product capabilities, higher intelligence, and better driving experience. While providing users with the ultimate experience and value, Geely’s market sales and brand position will be significantly enhanced, and Geely will become the most competitive and respected Chinese auto brand.