Geely Automobile Performance in 2025: Financials, Sales, Top Models, and Market Trends

Financial Performance and Profitability

• Q1 2025 Revenue: RMB 72.5 billion (~$10.0 billion USD), up 25% year-over-year

• Net Profit (Q1 2025): RMB 5.67 billion (~$780 million USD), a 264% increase YoY

• Gross Profit (Q1 2025): RMB 11.4 billion (~$1.57 billion USD) with a gross margin of 15.8%

• 2024 Annual Revenue: Over RMB 240 billion (~$33 billion USD), a 34% increase YoY

• 2024 Annual Profit: RMB 16.8 billion (~$2.3 billion USD), up 240% YoY

• The company's strong profitability growth is driven by economies of scale, an expanding NEV portfolio, and improved product competitiveness

• Geely raised its 2025 annual sales target from 2.71 million to 3.0 million units, reflecting confidence in growth momentum

Vehicle Sales and Production

• Q1 2025 Vehicle Sales: Approximately 704,000 units, up 48% YoY, setting a new quarterly sales record

• NEV sales accounted for roughly 339,000 units in Q1, with domestic NEV penetration exceeding 50%

• Popular NEV models include Geely Xingyuan, Geely E5, and Geely Xingjian 7 EM-i, with rapid monthly sales gains

• The company’s brands include Geely, Lynk & Co, and Zeekr, supporting a diverse and competitive product lineup

Regional and Global Sales Performance

• Strong domestic demand in China supports a significant share of total sales and revenue

• Growing international presence with exports and overseas markets expanding rapidly

• NEV market leadership positions Geely among the top-tier Chinese manufacturers in electrification

Profitability and Cost Factors

• Profitability bolstered by product mix shifts toward electrified vehicles with higher margins

• Cost control management alongside investments in technology and manufacturing scale

• Gross margin improvement reflects better pricing, efficiency gains, and economies of scale

Debt and Liquidity

• Geely maintains a healthy financial position with adequate liquidity to support R&D, expansion, and electrification strategy

• Strong cash flow generation and improved profitability reinforce investment capacity

Best Selling Models: Overview and Highlights

Weakest Performers and Segment Challenges

• Legacy internal combustion engine (ICE) models face decline due to electrification shift

• Pricing pressures in competitive NEV segment require continuous innovation

• Seasonal fluctuations and supply chain constraints occasionally impact delivery schedules

Key Financial and Operational Metrics

Industry Outlook and Strategic Focus

• Geely is accelerating electrification under its strategic "Tāizhōu Declaration," prioritizing NEV development and market penetration

• Emphasis on innovation, technology leadership, and diversification of product and brand portfolio

• Continued expansion in overseas markets, including Europe and Southeast Asia, to diversify revenue streams

• Focused on sustaining growth momentum with new model launches and enhanced customer experiences

Summary

Geely’s robust 2025 start, characterized by strong revenue and profitability gains, confirms its position among China’s NEV leaders and a rising global automotive player. The company’s aggressive electrification strategy, backed by substantial sales growth and improved margins, underpins ambitious sales targets for 2025. Geely’s diversified brand portfolio and global expansion efforts position it strongly for the evolving automotive landscape.

Sources

• Geely Automobile Q1 2025 Financial Results (Gasgoo, Geely official statements)

• Geely 2024 Annual Report and 2025 Sales Update

• Industry market analysis and automotive news reports on Geely’s NEV growth and global strategy