Geely Auto Posts Record H1 2025 Results, Accelerates Global Push in Intelligent Electrification
Geely Automobile Holdings Ltd (HK.0175), the Hong Kong-listed arm of Zhejiang Geely Holding Group, has reported its financial and operational results for the first half of 2025, marking one of its strongest performances to date. The company, which holds majority stakes in Geely Auto, Lynk & Co, and Zeekr, continues to push aggressively into the intelligent and electrified vehicle markets, achieving significant revenue growth, profitability improvements, and record-breaking sales volumes.
Strong Financial Performance in H1 2025
For the six months ended June 2025, Geely Auto recorded revenues of 150.3 billion RMB, reflecting a robust 27% year-on-year increase. Net profit attributable to shareholders rose to 9.29 billion RMB, while profit after deducting non-recurring items surged by 102% year-on-year, reaching 6.66 billion RMB.
The company’s focus on scale, efficiency, and product optimization also paid off handsomely. Gross profit climbed to 24.7 billion RMB, with the gross profit margin improving to 16.4%, underscoring stronger pricing power and operational discipline. Net cash reserves swelled to 58.8 billion RMB, providing a solid financial cushion for future investments in electrification, intelligent technologies, and global expansion.
Sales Surge Past 1.4 Million Units, Market Share Tops 10%
Geely Auto achieved another milestone in the first half of 2025 by recording 1.409 million vehicles sold, a 47% increase year-on-year. This performance pushed Geely Auto’s market share in China beyond 10% for the first time in history, a clear sign of its growing dominance in the world’s largest auto market.
A critical driver of this success has been Geely’s electrified and new energy vehicle (NEV) lineup, which sold over 725,000 units, representing a remarkable 126% increase year-on-year. This surge highlights Geely’s successful transition from being primarily a traditional automaker to one of the leaders in China’s fast-growing EV and hybrid market.
“One Geely” Strategy Unlocks Synergies
The strong H1 results are closely tied to Geely Holding’s “One Geely” strategy, announced last year under its Taizhou Declaration. The initiative is designed to unify the group’s sprawling portfolio of brands, technologies, and supply chains to create synergies across R&D, production, and operations.
In the first half of 2025, Geely Auto completed the merger of Zeekr and Lynk & Co, an integration move that has already led to record sales in higher-end segments while reducing duplication of costs. The merger agreement, signed in July, will further strengthen collaboration in areas such as technology development, supply chain management, global marketing, and after-sales services.
This move positions Geely to sharpen its competitiveness across the mainstream, premium, and luxury markets, ensuring it can meet customer demand at every level of the market.
Leadership in Intelligent Electrification
A defining feature of Geely’s current growth trajectory is its aggressive pursuit of intelligent electrification. The company has invested heavily in AI, advanced driver assistance, and next-generation battery technology, ensuring its products are both technologically advanced and consumer-friendly.
In the first half of 2025 alone, Geely launched multiple new energy models that quickly became market successes. Electrified and NEV sales accounted for a penetration rate of 51.5% of total sales, signaling that the majority of Geely’s customers are now choosing electrified options.
The Geely Yinhe series was a standout performer, with sales exceeding 548,000 units in H1, marking a staggering 232% year-on-year increase. Since its launch in 2024, cumulative sales of the Yinhe series have already topped 1.2 million units, making it one of the most successful NEV product lines in China.
Performance in Premium and Luxury Segments
Beyond mainstream models, Geely is also carving out a strong presence in the high-end and luxury markets through Lynk & Co and Zeekr.
- Zeekr sold 90,740 units in H1 2025 and became the fastest new energy brand to surpass 500,000 pure EV sales globally since its inception. Its luxury MPV, the Zeekr 009, continues to dominate its segment worldwide.
- Lynk & Co recorded sales of 154,137 units in the first six months of 2025, with cumulative sales surpassing 1.5 million units since the brand’s launch. Impressively, nine Lynk & Co models ranked among the top ten best-sellers in their respective categories.
Advances in Intelligent Technologies
In 2025, Geely became the only Chinese automaker to release Full Domain AI for its vehicles. The system serves as the backbone for popularizing intelligent technologies across the company’s portfolio. Supporting this, the Xingrui Intelligent Computing Center has been upgraded to offer 23.5 EFLOPS of computing power, providing AI large-model accessibility for future innovation.
Geely’s G-Pilot system, capable of L3-level assisted driving, has already been rolled out across most Geely models, while its Flyme Auto intelligent cockpit system surpassed 1 million users.
On the electrification front, Geely introduced its latest Battery Safety System and advanced battery cell technologies, which boast ultra-fast charging, long cycle life, and superior low-temperature performance. The system passed 36 extreme safety tests, setting a new benchmark in China’s auto industry.
Meanwhile, the EM Super Hybrid engine now delivers world-leading thermal efficiency among mass-produced engines, enabling vehicles to achieve ultra-low fuel consumption and long driving ranges. Zeekr’s Super Hybrid system, featuring a 1000kW e-drive and 900V architecture, further strengthens the group’s industry-leading electrification credentials.
Expanding Global Footprint
Geely Auto is also making significant progress overseas. In H1 2025, exports of Geely-branded vehicles exceeded 180,000 units, supported by a global dealer network spanning more than 80 countries and regions. The Geely EX5 has become a global hit, now available in 26 markets, while overseas assembly in Egypt and trial production in Indonesia demonstrate Geely’s commitment to local manufacturing.
The group’s premium brands are also accelerating their international expansion:
- Zeekr now operates in more than 70 stores across 40+ countries and regions, topping sales charts in Hong Kong and leading the EV market in Kazakhstan.
- Lynk & Co shipped over 92,000 units overseas during H1 2025, expanding into new markets such as the Dominican Republic and Laos. In Europe, the brand has 7 Co-Clubs and 58 dealerships, highlighting its innovative lifestyle-oriented sales model.
Driving Sustainability Goals
Geely Auto continues to lead China’s auto industry on the sustainability front. By June 2025, the company achieved a 23.5% reduction in lifetime carbon emissions compared with its 2020 baseline, edging closer to its 25% reduction target by the end of 2025. Longer term, Geely is committed to achieving full carbon neutrality by 2045.
These efforts underscore Geely’s dual commitment: driving technological leadership while also aligning with global environmental and regulatory expectations.
Outlook for H2 2025 and Beyond
Looking ahead, Geely Auto is entering the second half of the year with strong momentum. The company has raised its annual sales target to 3 million units, reflecting confidence in continued growth. To meet this ambitious goal, Geely plans to launch six additional electrified NEV models before year-end.
As the Zeekr–Lynk & Co merger progresses, Geely expects to unlock deeper synergies in branding, technology, and market positioning. Coupled with the group-wide “One Geely” strategy, these moves will strengthen Geely Auto’s global competitiveness in intelligent NEVs and accelerate its transformation into a leading smart mobility company.
