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Recently, Geely Automobile announced its sales results for the first month of 2024, successfully exceeding 210,000 units and surpassing BYD.
According to the data, in January 2024, Geely sold 213,487 vehicles, a record high for the same period in history, doubling from the same period in 2023, an increase of about 110%, and an increase of about 457%。
In terms of brands, the Geely brand remains the cornerstone of Geely Automobile's sales, with sales reaching 172,774 units in January, accounting for 8093%。Among them, Geely Galaxy series sales were 19,223 units, an increase of more than 59% from December last year. As of the end of January this year, the cumulative sales of the Geely Galaxy series have exceeded 100,000 units in the eight months since its launch.
The sales volume of the China Star Premium series also reached 47,458 units in January this year, an increase of more than 124% compared to the same period in 2023 and an increase of more than 73% compared to December last year. It should be pointed out that the price of the China Star high-end series has entered the hinterland of the same level of models of the joint venture brand.
In addition to the excellent performance of the Geely brand, the Lynk & Co brand also delivered a good answer sheet in January this year. According to the data, the Lynk & Co brand sold 28,176 vehicles in the first month of this year, a year-on-year increase of about 155%. Among them, the sales volume of the Lynk & Co 08 EM-P in January this year was 8,816 units, and the cumulative sales of the car have exceeded 40,000 units in the four full months since it was launched. At present, the new Lynk & Co 09EM-P has been launched, which will further lead the strong sales growth of the Lynk & Co EM-P family and accelerate the transformation of the Lynk & Co brand to electrification.
In terms of new energy, Geely Automobile also set a record high in sales for the same period in history in January this year. According to the data, Geely's sales of new energy vehicles reached 65,826 units in January, nearly six-fold compared to the same period in 2023, an increase of about 591%, and an increase of 14 percent from December last year3%。At the same time, Geely Automobile's new energy vehicle penetration rate exceeded 30% to 30 in January this year83%。
As Geely Automobile's high-end new energy brand, Zeekr delivered 12,537 new vehicles in January. At present, ZEEKR 007 has been delivered immediately after it is listed. With the completion of the ramp-up of production capacity, ZEEKR 007 will help the sales of ZEEKR brand continue to grow. As of the end of January this year, the cumulative delivery of new cars under the Zeekr brand was about 210,000 units, and it continued to maintain zero naturalness. In addition, sales of the Geely Geometry series exceeded 20,722 units in January, a year-on-year increase of 256%.
It is worth mentioning that the reason why Geely Automobile was able to sell more than 210,000 units in January this year is not only due to its outstanding performance in the domestic auto market, but also to the overseas market. According to the data, Geely's overseas export sales rose to 26,262 units in January this year, an increase of about 79% from the same period last year and an increase of more than 29% from December last year. At present, the first Lynk & Co center in Vietnam has opened, which will further boost Geely's sales growth in overseas markets.