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Geely targets 6.5 million annual sales by 2030, with NEVs to make up 75%

tiencars by tiencars
22/01/2026
in World
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Geely targets 6.5 million annual sales by 2030, with NEVs to make up 75%
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Geely Holding Group aims to lift global annual sales to more than 6.5 million vehicles by 2030, positioning the target as part of a five-year “One Geely” strategy blueprint intended to tighten coordination across its brands and operations.

Geely said today it targeted revenue exceeding 1 trillion yuan (RM579bil) by 2030 and wanted to rank among the top five global automakers by sales. It also set out an electrification mix, with new energy vehicles accounting for more than 75% of group sales, while sales outside China were expected to contribute more than one-third of annual volume.

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To support that shift, Geely said it planned to develop “world-class” new energy architectures covering A- to E-segment models, with the goal of cutting the average R&D cycle time and overall cost per model by more than 30%.

The group pointed to its recent run-rate as a base to build from.

Geely said aggregate 2025 sales across its portfolio reached 4.11 million units, up 26% year-on-year, with electrified and clean alternative fuel vehicle sales of more than 2.29 million units, up 58%, taking new energy penetration to 56%.

The ambitions come as China’s auto market continued to swing towards domestic champions, with reports indicating Geely had moved ahead of Volkswagen in overall market leadership there.

Internationally, Geely has already been laying groundwork through partnerships.

In Brazil, Renault Group said it would deepen cooperation with Geely, giving Geely access to Renault’s Paraná industrial complex and using Renault do Brasil’s sales network for distribution, supporting expansion in a major Latin American market.

Tags: 6.5 million vehicles by 2030Geely Holding GroupOne Geely strategy
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