Geely aims for the top 5: Chinese auto giant prepares for global expansion
26 January 15:30
China’s Geely Holding Group has announced a large-scale global expansion strategy: the company plans to sell more than 6.5 million cars by 2030 and become one of the world’s five largest automakers, according toUkrAvtoprom, as reported by Komersant.
The company estimates that by the end of the decade, approximately one-third of its sales will come from foreign markets, and its annual revenue will exceed 1 trillion yuan. According to Geely, this result will allow it to join the ranks of global players such as Hyundai Motor Group and Stellantis.
Geely’s current position in the global automotive market
Geely is one of China’s most influential automotive holdings, which over the past decade has transformed from a local manufacturer into a global multi-brand group.
The Geely Holding Group portfolio includes:
- Geely Auto — a mass market brand focused on both domestic and foreign markets;
- Zeekr — a premium electric brand aimed at competing with Tesla and European EV manufacturers;
- Volvo Cars — a Swedish automaker that Geely acquired from Ford in 2010;
- stakes in other international companies, including electric vehicle manufacturers and technology startups.
It is the combination of Chinese manufacturing scale and European brands and engineering that has made Geely a notable player in the global market.
What the company plans for 2025
Geely expects that by the end of 2025, the combined sales of all the group’s brands — Geely Auto, Zeekr, and Volvo Cars — will exceed 4 million vehicles.
According to the company’s estimates, this figure will allow Geely to:
- rise to seventh place in the world in terms of sales volume;
- establish itself among the largest global automakers before the end of the decade;
- create a financial and manufacturing base for further expansion in the markets of Europe, Southeast Asia, and other regions.
