Chinese automaker Geely reports 56% Q1 revenue growth, 119% net income surge, and 789,645 vehicle sales, with NEVs up 126%.

Chinese automaker Geely reports a 56% revenue growth in Q1 with net income surging 119% year-on-year, totaling 52.3 billion yuan (7.34 billion USD). In the first five months, the company's cumulative vehicle sales reached 789,645 units, up 45% year-on-year. Geely's new energy vehicles (NEVs) under the three major brands, Geely Auto, Lynk & Co, and Zeekr, achieved a total sales volume of 254,226 units, representing a 126% year-on-year increase.

June 28, 2024
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