Geely's earnings over the past six months exceeded projected estimates.
Geely Auto Reports Significant Revenue and Profit Growth in First Half of 2025
Chinese automaker Geely has announced impressive financial results for the first half of 2025, with a 27% increase in revenue compared to the same period in 2024. The company's revenue for the first half of the year reached 150.3 billion yuan, equivalent to approximately $21 billion.
According to Geely's latest report, as reported by journalist Michael Svetlov, the company's net profit for the first half of the year was 9.3 billion yuan, significantly more than the forecasted 7.6 billion yuan. This substantial surpassing of profit forecasts was due to a sharp rise in car sales from Geely's divisions.
Car sales for Geely increased by 47% in the first half of the year, reaching 1.4 million units. This growth can be attributed to the strong start to the year and Geely's decision to raise its annual car sales target from 2.7 million to 3 million cars in July.
Geely's impressive financial results are set to continue with the launch of several new models. The upcoming launches, such as the hybrid sedan A7 from Geely's Galaxy brand and the luxury hybrid SUV 9X from Zeekr, are expected to drive sales volumes for the second half of the year.
One of the key models for Geely is the 2026 Geely EX5, a medium electric SUV featuring significant upgrades. The EX5 boasts a larger 68.39 kWh lithium-iron-phosphate battery, which extends its range to around 600 km on the Chinese CLTC test cycle. The EX5 targets rivals like Tesla Model Y and BYD models by enhancing range, smart features, and design while remaining affordable. It has been launched in China and is progressively entering international markets, including Uruguay, where it is expected to boost local NEV sales. The EX5 is being updated with OTA improvements, including newly added Apple CarPlay and upcoming Android Auto support for 2026.
Another exciting launch from Geely is the Geely Galaxy M9, a full-size plug-in hybrid SUV, which has already appeared at dealerships in China ahead of its official launch. The Galaxy M9 is positioned to appeal to customers looking for larger, versatile PHEVs, further diversifying Geely's portfolio and accelerating sales growth.
Together, the 2026 EX5 with battery and tech upgrades, increasing market presence, and the new Galaxy M9 PHEV form the backbone of Geely Auto’s strategy to drive sales volume growth in the latter half of 2025 and into 2026. The company's impressive financial results and upcoming launches position Geely as a key player in the global automotive market.
- The growth in revenue for Geely Auto is not limited to finance, as the company's net profit also saw a significant increase in the first half of 2025.
- With the launch of new models like the hybrid sedan A7 from Geely's Galaxy brand and the luxury hybrid SUV 9X from Zeekr, Geely is expanding its presence not only in the automotive industry but also in the transportation sector.
- Geely's business strategy for the rest of 2025 and into 2026 focuses on achieving sales volume growth through launches like the 2026 Geely EX5 and the new Galaxy M9 PHEV, which are expected to impact the global automotive market.
