The latest update is out from Geely Automobile Holdings ( (HK:0175) ).
Geely Automobile Holdings Limited reported a significant increase in its sales volume for April 2025, with a total of 234,112 units sold, marking a 53% rise compared to the same period last year. This growth was driven by a substantial increase in sales of the Galaxy brand, particularly in the battery electric vehicle segment, which saw a 199% year-on-year increase. However, exports saw a decline of 37%. The announcement highlights Geely’s strong performance in the domestic market and its strategic focus on electric vehicles, which is likely to enhance its competitive position in the automotive industry.
More about Geely Automobile Holdings
Geely Automobile Holdings Limited is a prominent player in the automotive industry, primarily engaged in the manufacturing and sale of vehicles. The company focuses on producing a range of automobiles, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), under various brands such as Geely, Galaxy, ZEEKR, and LYNK & CO. Geely is known for its strategic market positioning and efforts to integrate and optimize its internal resources to enhance its product offerings.
YTD Price Performance: 17.13%
Average Trading Volume: 54,602
Technical Sentiment Signal: Sell
Current Market Cap: $21.26B
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