On the evening of August 14, Geely Automobile Holdings Limited (0175.HK, stock abbreviation: Geely Automobile) unveiled its mid-year results for 2025, heralding the second half of the year with remarkable growth in both revenue and profit. In the first half, Geely Automobile achieved a revenue of 150.3 billion yuan, marking a 27% year-on-year increase and setting a new record. Net profit attributable to shareholders amounted to 9.29 billion yuan, while core net profit attributable to shareholders, after excluding non-core gains and losses, reached 6.66 billion yuan, surging 102% year-on-year. The gross margin increased to 16.4%, and total cash reserves stood at 58.8 billion yuan, demonstrating robust profitability and risk resilience.

Geely Automobile sold a total of 1.409 million vehicles in the first half, representing a 47% year-on-year increase and far surpassing the average market growth rate. Market share exceeded 10% for the first time. Notably, new energy vehicle models emerged as the primary growth driver: cumulative sales of Geely Auto, Lynk & Co., and Zeekr brands hit 725,000 vehicles, up 126% year-on-year, with a new energy penetration rate of 51.5%, firmly positioning the company at the forefront of the industry.

As an independent brand in its first full half-year, Geely Auto sold 548,000 vehicles, a 232% year-on-year increase, with several models becoming benchmarks in their respective segments. Zeekr delivered 90,700 vehicles in the first half, with cumulative deliveries exceeding 500,000 vehicles, setting a new benchmark for luxury pure electric brands. The Zeekr 009 series topped sales charts in multiple countries. Lynk & Co. sold 154,000 vehicles in the first half, with a three-year resale value rate of 54.58%, and nine models ranking among the top ten in their respective segments, continuously enhancing brand value.

Geely Automobile's explosive growth is underpinned by its forward-thinking technology layout. As the only automaker globally to have completed an AI layout across all domains, Geely released the industry's first 'Smart Vehicle AI Across All Domains' technology system. The Xing Rui Intelligent Computing Center 2.0 boasts a computing power of 23.5 EFLOPS, supporting L4 autonomous driving research and development. The Qian Li Hao Han advanced driver assistance system achieves 'all-domain, all-direction, all-time' perception, winning international competition championships. Additionally, Flyme Auto smart cockpits have surpassed 1 million users, setting new standards for intelligent interaction.

Moreover, the Shield Golden Brick battery has passed 36 extreme safety tests, with over half of the standards exceeding national benchmarks. The Leishen AI hybrid engine leads the industry in thermal efficiency, and the Zeekr Hao Han super hybrid dominates the hybrid market with megawatt electric drives and a 900V architecture. The BMA, CMA, SPA, and SEA Hao Han architectures cover all vehicle categories from A0-class to supercars, shortening the R&D cycle by 30% and increasing the commonality rate of components to 75%, significantly reducing costs.

In the first half, Geely Automobile's export sales exceeded 180,000 vehicles, with the Geely brand present in 85 countries and regions, and ten high-value models launched in key markets. The international versions of the Geely Auto E5 and EX5 were launched in 26 countries, becoming global star products. Factories in Egypt and Indonesia commenced production successively, continuously strengthening local production capabilities.

Zeekr and Lynk & Co. achieved international breakthroughs, with Zeekr establishing over 70 stores in more than 40 countries, topping luxury brand sales in Hong Kong, China, and ranking first in pure electric brands in Kazakhstan. Lynk & Co. entered new markets such as the Dominican Republic and Laos, with overseas shipments exceeding 92,000 vehicles and European user awareness exceeding 16%. In 2021, Geely became the only Asian automaker to join the International Automotive Task Force (IATF), participating in the formulation of global quality rules and enhancing the voice of the Chinese automotive industry.

For the second half of 2025, Geely Automobile plans to launch five new hybrid models, including the Zeekr 9X, Lynk & Co. 10 EM-P, Geely Auto A7, and Geely Auto M9, covering all categories of sedans, SUVs, and MPVs. Notably, the pricing of the Geely Auto A7 plug-in hybrid version has dropped to the 82,000 yuan range, and Deutsche Bank predicts that its average monthly sales could reach 10,000 units, with sales of the Geely Auto series expected to reach 1.23 million vehicles by the end of the year.

Geely Automobile has forged a hit product matrix with Geely Auto, Zeekr, and Lynk & Co. firing on all cylinders. The explosive growth in sales of new energy vehicles benefits from its strategic layout of 'multi-brand collaboration + full category coverage'.

As an independent brand in its first full half-year, Geely Auto sold 548,000 vehicles, a 232% year-on-year increase, with cumulative sales exceeding 1.2 million vehicles. Notably, Geely Xingyuan's monthly sales exceeded 40,000 units for two consecutive months, with cumulative sales exceeding 300,000 vehicles. Geely Auto E5 averaged over 10,000 sales per month, with total sales of nearly 170,000 vehicles in one year since its launch. Additionally, Geely Auto Xingjian 7 EM-i led the A-class electric hybrid SUV market, with cumulative sales exceeding 100,000 vehicles.

Zeekr delivered 90,700 vehicles in the first half, with cumulative deliveries exceeding 500,000 vehicles, setting the fastest delivery record for luxury pure electric brands. The Zeekr 009 series topped sales charts in multiple markets, and the first hybrid model, the Zeekr 9X, equipped with the Hao Han-S architecture, redefines performance standards for hybrid SUVs with technologies such as 6C ultra-fast charging and megawatt electric drives.

Lynk & Co. sold 154,000 vehicles in the first half, with a three-year resale value rate of 54.58%, and nine models ranking among the top ten in their respective segments. The Lynk & Co. 900 achieved a breakthrough in the 350,000 yuan price segment, and the first mid-to-large-sized electric hybrid sedan, the Lynk & Co. 10 EM-P, comes standard with four-wheel drive and LiDAR, bringing high-end configurations down to the 200,000 yuan market.

Geely Automobile's new energy strategy extends from the domestic market to the global market. In the first half, export sales exceeded 180,000 vehicles, with the Geely brand present in 85 countries and regions, and ten high-value models launched in key markets. The international versions of the Geely Auto E5 and EX5 were launched in 26 countries, becoming global star products. Factories in Egypt commenced production, and Indonesia successfully completed trial production, continuously strengthening local production capabilities.

Zeekr established over 70 stores in more than 40 countries, topping luxury brand sales in Hong Kong, China, and ranking first in pure electric brands in Kazakhstan. Lynk & Co. entered new markets such as the Dominican Republic and Laos, with European user awareness exceeding 16% and ranking among the top 50 in Kantar BrandZ China's Global Brands for three consecutive years.

Based on the first half's exceptional market performance, Geely Automobile revised its annual sales target upwards from 2.71 million to 3 million vehicles, with a target achievement rate of 47%. In the second half, it will launch five new hybrid models, including the Zeekr 9X, Lynk & Co. 10 EM-P, Geely Auto A7, and Geely Auto M9, covering all categories of sedans, SUVs, and MPVs. Notably, the pricing of the Geely Auto A7 plug-in hybrid version has dropped to the 82,000 yuan range, and Deutsche Bank predicts that its average monthly sales could reach 10,000 units.

The competition in the 2025 automotive market essentially revolves around technological reserves and strategic resilience. Through the dual advancement of 'fuel + new energy', precise positioning of multiple brands, and an in-depth globalization layout, Geely Automobile has developed a full-chain competitiveness spanning technology to products and from domestic to overseas markets. Its half-year revenue exceeded 150 billion yuan, and the new energy penetration rate surpassed 50%.

China's new energy vehicles are charging into the global market.

Amidst the accelerating transformation of the global automotive industry towards electrification and intelligence, China's new energy vehicle industry is storming the global market with its full-chain advantages of 'technology + market + ecosystem'. From Southeast Asia to Europe, from Latin America to the Middle East, China's new energy vehicles have emerged as a crucial driving force for global green travel, leveraging innovative technologies, a diverse product matrix, and comprehensive ecological services.

From January to July 2025, China's new energy vehicle exports reached 1.199 million vehicles, up 57.1% year-on-year, accounting for over 70% of the global market share, underscoring China's leading position in the global automotive industry. Companies such as CATL and BYD are accelerating the commercialization of solid-state batteries, with semi-solid-state batteries boasting an energy density of 360Wh/kg, supporting a range of 1,000 kilometers, and reducing costs by 10% compared to liquid batteries. Full solid-state batteries have entered the pilot production stage, with mass production expected in 2027 and charging times shortened to 10 minutes.

Furthermore, AI large models are reshaping user experience, with city NOA (navigation-assisted driving) achieving nationwide road coverage, and smart cockpits supporting multi-modal interactions such as voice, gestures, and eye movements, with response delays of less than 200ms. Tesla's FSD (Full Self-Driving) subscription rate has increased to 35%, and BYD's 'Xuanji Architecture' integrates vehicle control and AI decision-making, optimizing energy consumption by 8%.

The total number of charging piles has exceeded 10 million, with the proportion of ultra-fast charging piles rising to 25%. NIO's fourth-generation battery swap stations can serve up to 408 vehicles per day, leading the world in refueling efficiency. Technological breakthroughs not only drive product upgrades but also reshape global industry standards. China-led battery swap standards have been incorporated into national infrastructure planning in Indonesia and Thailand, and technologies such as 800V high-voltage platforms and vehicle-road-cloud coordination have become benchmarks for emerging markets globally.

China's new energy vehicle globalization strategy is evolving from the export of single products to the ecological output of 'technology + standards + services'. BYD has established factories in Brazil and Mexico, with localized production accounting for over 60%. SAIC-GM-Wuling has captured a 30% market share in Indonesia and Thailand with low-cost mini vehicles. Malaysia plans to achieve a 30% localization rate for electric vehicles by 2027, with Chinese automakers deeply involved in technology transfer and industrial chain construction.

NIO and XPeng have broken through trade barriers through the 'subscription + direct sales' model, with an 8% market penetration rate in Germany. Zeekr has established over 70 stores in more than 40 countries, topping luxury brand sales in Hong Kong, China, and ranking first in pure electric brands in Kazakhstan. BYD, Chery, and other companies export technical standards through the CKD (Completely Knocked Down) model, with Great Wall Motors' CKD ratio reaching 20%, promoting local industrial upgrading.

Driven by policies and the market, China's new energy vehicles have formed a 'high-end + mass' dual-track development pattern overseas. High-end models priced above 300,000 yuan account for over 30% of the market, while mass models priced below 100,000 yuan dominate the markets of developing countries. The global competitiveness of China's new energy vehicles stems from the collaborative innovation and ecological co-construction of the entire industry chain.

It is predicted that by 2030, China's new energy vehicle sales will exceed 30 million vehicles, accounting for over 45% of the global market share, truly achieving the transformation from a 'big automotive country' to a 'powerful automotive country'. With the commercialization of disruptive technologies such as L4 autonomous driving and flying cars, China's new energy vehicles will continue to reshape the global industrial landscape and contribute a 'Chinese solution' to the global carbon neutrality goal.