EV brands Zeekr and Geometry are boosting Geely’s sales.
Aiming for 650,000 new energy vehicle (NEV) sales in 2023, the China-based automobile manufacturer has announced its latest production and sales data.
NEVs accounted for 44,550 units, up 165% year-on-year, in Geely’s December passenger car sales of 146,000 units (down 8% year-on-year).
In December, Zeekr and Geometry sold 11,337 vehicles and 18,728 vehicles respectively, accounting for nearly 70% of Geely’s NEV sales.
Zeekr has two models on sale – the Zeekr 001 a coupe and the Zeekr 009 for the MPV market. Last year Zeekr delivered 71,900 vehicles, about 1900 ahead of its delivery target.
Reports suggest Zeekr will suspend operations on its equipment production line to February 1 while the line is upgraded.
Geometry has seven models on sale, including the G6 and M6, and it delivered 149,000 vehicles last year, a 170% year-on-year rise.
Last year, Geely delivered 329,000 NEVs, up 219% year-on-year, and 1.433 million vehicles, up about 8% year-on-year.
With the withdrawal of NEW subsidies in China, competition in the domestic market will further intensify, suggests Pandaily.
“Automobile manufacturers such as BYD and Nio have been expanding the global market, and so has Geely,” it says.
“In 2022, the firm’s overseas sales reached 198,000 vehicles, up 72% year-on-year. It deepened its layout in Eastern Europe, the Middle East, the Asia-Pacific, Africa, Latin America, Europe and other regions, and a total of 379 sales and service outlets were set up worldwide.”
The updated Zeekr 001 reportedly includes a limited variant with 1000km range, while the 86kWh and 100kWh versions have 546km and 650km range respectively.
