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Geely Automobile's February Sales Climb 1%

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Geely Automobile's February Sales Climb 1%

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吉利汽车

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Geely outsold BYD for the second consecutive month in the Chinese automotive market, selling over 206,160 units in February compared to BYD's 190,190 units. In January, Geely sold 270,000 units while BYD recorded 210,051. Geely's exports surged by 138%, totaling over 60,879 units. Meanwhile, BYD's overseas sales also remained strong, with over 100,600 units exported in February. Despite BYD's growth in Europe, Tesla faced a 17% decline in sales in the region.

- Geely Automobile Holdings Ltd. has outsold BYD Co. Ltd. for the second consecutive month in the competitive Chinese automotive market, selling over 206,160 units in February compared to BYD’s 190,190.  
- Geely's exports surged by 138%, totaling over 60,879 units, while BYD exported over 100,600 units during the same month.  
- Despite BYD's strong performance abroad, marked by a 165% growth in European sales, it faced competition from a declining Tesla, which saw a 17% drop in Europe.

benzinga_article

BYD COMPANY

BYD Company

BYD Company Limited

Geely Pulls Ahead Of BYD For Second Month As EV War Escalates: Report

DRIV

Chinese automakers experienced a significant sales decline in February, with BYD's sales down 41% year-on-year and XPeng's dropping 50%. Geely and Great Wall Motor also reported declines, while NIO and Leapmotor saw increases. The Lunar New Year holiday impacted sales figures, and analysts predict a soft first quarter due to weaker consumer demand and competition. However, Morningstar forecasts a 10% to 15% growth in 2026, supported by new product releases and government subsidies. Shares of most Chinese carmakers fell, except for BYD, which saw a rise in stock prices.

MorningStar

Global X Autonomous & Electric V

Chinese Automakers' Sales Largely Fail to Gallop Into New Year — Update

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CARZ

Geely Automobile Holdings has surpassed BYD in vehicle sales for the second consecutive month, with a gap of approximately 76,000 units in the first two months of the year. This marks the largest sales lead since 2022, as BYD faces a 36% decline in sales. Geely's success is attributed to its popular models, while BYD is under pressure to innovate and improve its lineup. Despite domestic challenges, BYD's exports have surged over 50%. The automotive industry is adapting with long-term financing options to boost sales amid a competitive market.

- Geely Automobile Holdings outperformed BYD in vehicle sales for two consecutive months, delivering about 76,000 more units amid BYD's 36 percent drop in sales.  
- The decline in demand for EVs due to waning purchase incentives and a longer Lunar New Year holiday has put pressure on BYD to innovate, especially with the upcoming launch of new EV technologies.  
- While BYD's exports surged by over 50 percent, Geely is close behind, indicating a competitive market where financing programs are introduced to boost sales without compromising margins.

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Geely extends lead over BYD with biggest sales gap since 2022

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36Kr learned that the Aiqicha App shows that recently, Langfang Youxing Electronic Technology Co., Ltd. was established, with Wei Ruifang as the legal representative and a registered capital of 20 million RMB. The business scope includes software development, sales of complete electric vehicles, and operation of electric vehicle charging infrastructure. Shareholder information indicates that the company is wholly owned by Suzhou Geely Youxing Electronic Technology Co., Ltd., a wholly-owned subsidiary of Hangzhou Youxing Technology Co., Ltd., which is affiliated with CAOCAO INC

36Kr

CAOCAO INC

CAOCAO INC's subsidiary has established an electronic technology company in Langfang

Geely Auto's electric vehicle brand ZEEKR announced that in February, ZEEKR brand delivered 23,867 new vehicles, a year-on-year increase of 70%, with month-on-month growth as well. The average transaction price of the ZEEKR 9X exceeded 530,000, and production capacity is steadily increasing, with the delivery cycle for the Hyper version expected to be further shortened to within 14 weeks. As for the new generation high-performance flagship SUV ZEEKR 8X, it is set to officially launch in the second quarter. It is reported that the market generally expects the starting price of the ZEEKR 8X to be 430,000 RMB

AASTOCKS

ZEEKR Intelligent Tech

ZEEKR's February new car deliveries increased by 70% year-on-year, expected to launch the 8X model in the second quarter

Geely Auto reported a 1% increase in February sales, totaling 206,160 units, driven by a record 138% surge in exports. Despite a holiday slowdown, the Zeekr and Lynk & Co brands showed significant growth, offsetting declines in the main brand's sales. Domestic sales fell 19% year-on-year, while plug-in hybrid electric vehicle sales rose 89%. The main brand's sales dropped 10.77% year-on-year, highlighting challenges in the domestic market.

- Geely Auto reported February sales of 206,160 units, a year-on-year increase of 0.61%, driven by record exports of 60,879 units, which surged 138.26%.  
- Domestic sales declined to 145,281 units, down 19% year-on-year, with the Geely brand experiencing a 10.77% decrease.  
- The Zeekr and Lynk & Co brands performed well, with Zeekr sales up 70% to 23,867 units and Lynk & Co sales increasing 58.71% to 27,359 units despite declines in other segments.

CnEVPost

Geely posts sales growth during holiday lull as exports surge 138% to record

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The delivery volume of the Chinese electric vehicle market generally declined in February. Leapmotor delivered 28,067 vehicles, an increase of 11% year-on-year; Xiaomi delivered over 20,000 vehicles, a decrease of 48% month-on-month. Li Auto delivered 26,421 vehicles, a slight increase of 0.6%; Nio delivered 20,797 vehicles, an increase of 57.6% year-on-year. XPeng delivered 15,256 vehicles, a decrease of 50% year-on-year. Geely's new energy vehicle sales reached 117,500 units, accounting for 57% of total sales. BYD delivered 190,000 vehicles, a significant drop of 41% year-on-year

- China electric vehicle companies reported February data with varying delivery numbers.  
- Leapmotor delivered 28,067 vehicles, an annual increase of 11%, while Xiaomi's deliveries dropped 48% month-over-month to over 20,000 units.  
- Overall, the market showed a monthly decline due to factors like the Chinese New Year holiday and the resumption of taxes on new energy vehicles.

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LEAPMOTOR

NIO-SW

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LI AUTO-W

In February, China's electric vehicle deliveries saw Leapmotor leading with 28,000 units, while BYD's sales dropped by 40%

Geely Automobile's total February sales volume up approximately 1% Y/Y

Geely Automobile's total February sales volume up approximately 1% Y/Y

A driver in China experienced a crash after their car's voice command system mistakenly turned off the headlights instead of the interior lights. The incident, captured on dashcam, led to Lynk & Co issuing an emergency software update to fix the glitch. Other brands may also be affected by similar vulnerabilities. This incident highlights the potential risks associated with smart vehicle technology and the importance of robust safety measures in voice command systems.

- A driver in China experienced a crash after their Lynk & Co vehicle's voice assistant mistakenly turned off the headlights instead of the interior lights during a voice command.  
- Lynk & Co responded by issuing an emergency software update to prevent similar issues, though other brands like Zeekr and Deepal showed potential vulnerabilities as well.  
- This incident highlights the risks associated with smart vehicle technology and underscores the importance of safeguarding critical systems from ambiguous voice commands.

InsideEVs

Worldia

A Software Glitched Turned Off The Lights, Then The Car Crashed

According to Wall Street News on February 28, Geely Auto Group CEO Gan Jiayue announced in an internal meeting that the Qianli Haohan assisted driving system will be launched overseas this year and will become the first Chinese advanced assisted driving solution to achieve large-scale application in overseas markets

Wallstreetcn

Geely Ganjiayue: The vast journey of assisted driving will set sail this year

Riddara (Radar Auto), part of Geely Holding Group, is considering establishing a local production facility in Thailand to enhance competitiveness in the growing EV market. Despite a slowdown in the pickup truck segment, Riddara's General Manager, Cao Feng, believes in the long-term potential of electric pickups. The company aims to increase sales from 1,000 units last year to 3,000-5,000 this year, while expanding its showroom network from 17 to 38. Riddara's current models include the RD6 and Econ, both BEVs, with plans for further market expansion in Southeast Asia.

- Riddara is exploring the establishment of a local EV factory in Thailand to leverage the growing electric vehicle market, despite a slowdown in pickup truck sales.  
- In Thailand, EV sales surged by 80 percent in 2025, although Riddara sold only 1,000 electric pickup trucks last year and aims to increase that to 3,000-5,000 units this year with new models.  
- The company is also expanding its showroom and service center network from 17 to 38 outlets, and plans to produce vehicles for other Southeast Asian markets.

electrive

Thailand: Riddara (Radar Auto) considers a local production facility

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BYD: Once the King of Competition, Now Being Outcompeted, Can the King of BYD Successfully Break the Deadlock?

The easing of BYD's price war has provided Geely with a competitive window.

Geely: 'Confronting' BYD, Can It Shake the King's Position?

Today’s Key News Recap

0508 | Dolphin Research focus: 🐬 Macro/Industry 1. US President Trump officially announced that he plans to hold a press conference on Thursday (10 PM Beijing time tonight) to discuss &#34;a major trade agreement reached with representatives of a highly respected major country&#34;. No details have been provided about which country or the specifics of the agreement, but it is most likely the UK. Gold fell slightly on the negative news, but US stock futures rebounded sharply, while Hong Kong and A-shares closed steadily higher today. 2. Foreign media reports suggest that the Trump administration plans to cancel the Biden-era restrictions on AI chips, which were originally scheduled to take effect on May 15...

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On May 7, 2025, pre-market for ZEEKR in the US, $GEELY AUTO(00175.HK) Geely Automobile submitted a privatization proposal to $ZEEKR Intelligent Tech(ZK.US) ZEEKR. Dolphin Research summarized the key points of the announcement: 1) Core content: Geely Automobile currently holds approximately 65.7% of ZEEKR's shares, and Geely plans to acquire the remaining 34.4% from minority shareholders, making ZEEKR a wholly-owned subsidiary of Geely and delisting ZEEKR from the NYSE; 2) Acquisition price: Geely plans to acquire ZEEKR at $25.66 per share...

ZEEKR: Why did the 'dark horse of pure electric vehicles' choose to delist through privatization less than a year after its IPO?

CTGEELY@EC2609A(26432.HK)

Geely Automobile's February Sales Climb 1%

Geely Pulls Ahead Of BYD For Second Month As EV War Escalates: Report

Chinese Automakers' Sales Largely Fail to Gallop Into New Year — Update

Geely extends lead over BYD with biggest sales gap since 2022

CAOCAO INC's subsidiary has established an electronic technology company in Langfang