In recent years, Geely Automobile has achieved excellent results in the automotive industry and has an unshakable leading position in the industry. Compared with its peers, Geely Automobile has advantages in terms of brand influence, user reputation and market share. This is due to Geely Automobile's 25 years of deep cultivation in the automotive industry, from product research and development to production quality control, it has a complete and sound system. According to the data, Geely Automobile's cumulative sales in the first 11 months of 2023 reached 15360,000 units, sales in November exceeded 200,000 units, a year-on-year increase of 38%, has been 10 consecutive months of year-on-year growth, to reach the annual target of 1.65 million units, obviously no pressure.
Healthy development must have a solid foundation, just like a sapling to grow into a towering tree, it first needs a healthy and developed root system. Geely Auto is like a big tree, and its solid fundamentals allow it to survive and thrive in a volatile market. From the persistence of the fuel vehicle market to the layout of new energy, Geely Automobile's development in 2023 is as strong as a bamboo.
The "5 consecutive drops in oil prices" of major events in the field of fuel vehicles have made everyone once again turn their attention to the fuel market. Some people sing about fuel vehicles, but some people can see the situation clearly, and fuel vehicles still occupy half of the market. Therefore, Geely Automobile still insists on fuel vehicles in the context of the rapid surge of new energy vehicles. As Geely said, Geely decided to walk on two legs a long time ago. Unlike other peers, they are fully committed to the development of new energy, or gradually abandon the fuel market. Geely relies on technological innovation to build its own brand characteristics, and still insists on the development of fuel vehicles. The emergence of China Star Intelligent Shuangqing is a good proof that it allows fuel vehicles to leap up a generation and meet users' dual pursuit of performance and energy saving.
In the field of new energy, Geely Automobile has made an in-depth layout. Geely Automobile has fully set foot in a number of new energy fields such as pure electric, hybrid, and battery swapping, and each field has great potential. In the field of pure electric vehicles, Geometry and Zeekr, as the pure electric series of Geely Automobile's brands, have achieved rapid growth in the mainstream market and high-end market. Geometry sold 20,329 vehicles in November, which has already successfully broken the sales milestone of 100,000 units. The cumulative sales volume of ZEEKR in the first 11 months of 2023 reached 10520,000 units, a year-on-year increase of 74%, and the cumulative delivery volume of the brand has exceeded 180,000 units, maintaining the record of "zero spontaneous combustion". ZEEKR's first pure electric luxury car, ZEEKR 007, opened pre-sale and won 250,000 units.
In the field of battery swapping, Geely Automobile has launched the most affordable battery swap light travel Ruilan Automobile, which helps Geely Automobile quickly open up the battery swap market. With Ruilan 7 and Ruilan 9 as the dual-engine product strategy, a new round of breakthrough began, and joined the "circle of friends" of NIO battery swap to vigorously lay out the battery swap business. In the field of hybrid, the new strength of the Geely Galaxy with 43Core advantages such as the highest thermal efficiency of 32% and the 3-speed DHT Pro transmission have broken through strongly, and achieved sales of more than 10,000 for several months in a row, and broke multiple industry records. With the comprehensive layout of the three tracks, Geely Automobile's new energy penetration rate has achieved a rapid breakthrough and is among the best in the industry.
At present, the development of overseas markets and global competition have become an important dimension to test the strength of car companies. With its first-mover advantage in the field of new energy, Geely Automobile has established a solid market foundation in overseas markets and entered a period of rapid growth. Geely, Lynk & Co, and ZEEKR have all achieved good results in overseas markets. Statistics show that Geely Automobile exported 30,209 cars overseas in November, and exported 25 vehicles in the first 11 months of this year280,000 units.
As an industry with extremely high technology content, the quality of car manufacturing technology is the key to determining the current and future success or failure of car companies. And Geely Automobile can be described as a leader in this regard. Enhance its competitiveness in multiple dimensions, build a technological moat, and develop new energy products with great growth potential. The vision and height of the globalization strategy is the focus of Geely Automobile's strategy, coupled with the leading core technology, Geely Automobile not only has excellent results at present, but also believes that it will have more brilliant performance in the domestic automobile market and even the global market in the future.