Geely Auto's Strong May Sales and New Energy Vehicle Growth

Geely Auto's sales exceeded 160,000 units in May, achieving consecutive monthly and year-on-year growth for three months. The cumulative sales of new energy vehicles from January to May increased by 126% year-on-year.

Specific data summary:

The sales of Geely Auto in May were 160,658 units, with a year-on-year increase of about 38% and a month-on-month increase of about 5%.

Among them, the sales of new energy vehicles were 58,673 units, with a year-on-year increase of about 146% and a month-on-month increase of over 14%, and the penetration rate of new energy was nearly 37%.

The overseas export sales in May were 36,890 units, with a year-on-year increase of about 68%.

The sales of Geely Galaxy series in May were 14,193 units, with a month-on-month increase of about 12%, and the brand's first-year sales exceeded 120,000 units to 120,264 units.

The sales of Chinese Star ・ High-end series in May were 30,722 units, and the cumulative sales exceeded one million units.

The sales of Lynk & Co in May were 21,778 units, and the proportion of new energy sales was about 57%, setting a new historical high.

The delivery volume of Zeekr in May was 18,616 units, with a year-on-year increase of 115%.

On May 27, the 100,000th Geely Galaxy L7 car was officially off the production line. Geely Galaxy L7 was launched on May 31, 2023, and it took 33 days from the launch to the off-line of the first 10,000 new cars. On October 15, 2023, the 50,000th Geely Galaxy L7 was officially off the production line. That is to say, Geely Galaxy L7 has produced another 50,000 units in more than 7 months.

TapTechNews has summarized the announced May 2024 delivery data as follows: