Geely Auto Group sees 3.65-M units in annual sales by 2025
Geely Auto Group announced that by 2025, the Group aims 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 market share leader among Chinese automakers.
The Geely Group aims to achieve its sales target through its battery- and hybrid-electric cars from the mentioned brands.
Among the group’s 2025 targets: Electrified vehicles will account for 30 percent, or over one 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, Geely plans to introduce its GHS2.0 intelligent hybrid powertrain system, with an industry-leading thermal efficiency of 43.32 percent and fuel savings of up to 40 percent. 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, there are plans to increase battery size on its plug-in hybrid (PHEV) models and to extend their pure electric ranges to 100 to 200km.
In March 2021, the group announced two Blue Geely Initiatives which showcase two distinct development paths for sustainable mobility options.
The first Blue Geely Initiative focuses on developing hybrid powertrain solutions such as the GHS2.0 hybrid system. The second Initiative focuses on pure electric vehicle technologies, which has spawned the Sustainable Experience Architecture (SEA) and premium electric Zeekr brand.
Backed by mature EV technologies, the Zeekr brand and its first Zeekr 001 (above) was launched with "great anticipation" in the first half of 2021. On the first day order books were open for the 001, over 5,000 confirmed orders were received, and all units for 2021 were sold out.
Based on the current demand for the brand’s products and planned future model launches, Zeekr aims to become one of the top premium electric vehicle brands in the world.
In September 2021, the first experience centers for the Zeekr brand will open simultaneously in Hangzhou and Shanghai. The first ultra-fast 360kw charging stations in Zhejiang province will open by H4 2021.
Globally, the 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.
In Europe, Lynk & Co is on schedule to expand its innovative subscription operation model and deliveries of its highly efficient hybrid power models. Lynk & Co will also announce its Asia-Pacific expansion plan in the second half of 2021.
Geometry has also begun its global expansion with plans to offer mass-market models to Israeli and Eastern European consumers.
Photos from Geely
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