, HangZhou
2023 Annual Sales by Geely Holding Brands Rise 20% to 2.79m Units

2024 January 12th, Hangzhou, China – Zhejiang Geely Holding Group (Geely Holding) announced today that aggregate sales across its automotive brands – Geely Auto, LYNK & CO, Zeekr, Volvo Cars, Polestar, PROTON, Lotus, smart, RADAR, LEVC, and Farizon– grew 20% year-on-year to 2.79 million units in 2023, setting a new record for the Group. For the sixth consecutive year, Geely Holding achieved more than 2 million units in aggregate sales.

Accelerating a green and electrified future

The Group has seen sales of electrified and clean alternative fuel passenger and commercial vehicles grew over 51% year on year to approximately 980,000 units and accounting for 35% of Group aggregate sales.

The improved sales performance coincided with the Group’s continued focus on electrification, next-generation technologies and synergies in sustainability.

During 2023, the Group’s core advantages in synergy building and technology sharing was highlighted with the launch of several new electric models across Geely’s brand portfolio developed on Geely’s Sustainable Experience Architecture (SEA) and its derivatives. New models launched in 2023 include Geely Auto’s Galaxy E8, Zeekr 007, Lynk & Co 07 EM-P, Volvo EX30, Polestar 4, Lotus Emeya, smart #3, PROTON S50, and Farizon SuperVAN,.

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