China’s giant Geely Holding released on Thursday its five-year strategic plan, in which it aims to sell over 6.5 million vehicles globally, with 75% of them being new energy vehicles (NEV).
The group owns major automakers, such as Geely, Volvo, Polestar, Lotus Cars, Zeekr, as well as brands like Lynk&Co and Farizon, while also having stakes in Mercedes-Benz, Malaysian Proton Cars and the local manufacturer DRB-HICOM.
Celebrating its 40th birthday this year, Geely Holding called the next five years “crucial to achieve three major strategic goals.”
The Group aims to transition “from product manufacturing competitiveness to ecosystem service competitiveness, from competitiveness based on scale and cost to green and intelligent technology, and from independent operation of each brand to deep global collaboration.”
1 Trillion Yuan in Revenue
The “One Geely, Leading through Innovation and Integration” vision also targets revenue exceeding 1 trillion yuan ($143.4 billion), be among the top-five bestselling automakers globally, with international sales representing over one-third of total revenue.
In 2024, the company’s revenue reached a new record of 240.2 billion yuan ($34.4 billion) — meaning that Geely Holding aims to roughly quadruple it between 2024 and 2030.
Geely Holding 2025 Sales
Last year, Geely achieved a new global sales record of 4,116,321 units, growing 26% compared to 2024.
With 2,293,099 units, NEVs, including battery-electric (BEV), hybrid electric (HEV), and plug-in hybrid vehicles (PHEV), marked the largest growth – a 58% year over year increase.
These powertrains represented more than half (56%) of the Group’s total sales in 2025.
Geely ranked seventh globally and became the fastest-growing company among the top ten global automotive groups.
Of its several marques, the main Geely Auto brand reached the strongest result last year, with a total of 3,024,567 vehicles sold.
The figure represented a 39% increase compared to 2024.
NEV sales of the Geely Auto brand nearly doubled – a 90% increase – to 1,687,767 units, accounting for 55.8% of deliveries across all powertrains.
Geely‘s flagship Galaxy BEV and PHEV series surpassed its 1 million-unit annual target with 1.23 million sales, while overseas exports rose to 420,097 units — including over 120,000 NEVs —, as the brand expanded into Europe, South America, and Australia throughout 2025.
The Hangzhou-based automaker set a sales target of 3.45 million vehicles for this year – 14% more than 2025’s –, with a specific aim for 2.22 million NEVs.
As it aims to sell 6.5 million units by 2030, Geely Holding will focus on “strengthening” the Geely marque, as well as “building a global brand matrix of its portfolio brands”.
The company aims to capitalize on its Chinese brands — Geely Auto, Galaxy, Lynk & Co, and Zeekr — while tapping into the established European and American market presence of Volvo, Polestar, and Lotus.
Partnerships
Additionally, the Hangzhou-based group aims to develop world-class electric vehicle (EV) architectures across its lineup, cutting R&D cycles and per-model costs by over 30%.
Additionally, the group plans to partner with international companies, such as Renault Group, to “create a new paradigm of open, collaborative, and mutually beneficial brand cooperation.”
“[The] group aims to enhance its competitive advantage, become a leader among global automakers, and pioneer high-quality globalization for Chinese enterprises,” the company stated.
