Geely aims to become one of the top five automakers: the Chinese auto giant is preparing for global expansion
26 January 15:30
The Chinese company Geely Holding Group has announced a strategy for large-scale global expansion:according to data provided to Ukravtoprom, as reported by "Komersant Ukrainian", the company plans to sell more than 6.5 million vehicles by 2030 and become one of the world’s top five automakers.
According to the company’s estimates, by the end of the decade, approximately one-third of sales will come from overseas markets, and annual revenue is expected to exceed 1 trillion yuan. Geely notes that this achievement will allow it to stand shoulder-to-shoulder with global players such as Hyundai Motor Group and Stellantis.
What position does Geely already hold in the global automotive market?
Geely is one of China’s most influential automotive holding companies, having transformed over the past decade from a local manufacturer into a global multi-brand group.
Geely Holding Group’s portfolio includes:
- Geely Auto —a mass-market brand targeting both domestic and international markets;
- Zeekr — a premium electric vehicle brand designed to compete with Tesla and European electric vehicle manufacturers;
- Volvo Cars — a Swedish automaker that Geely acquired from Ford in 2010;
- stakeholdings in other international companies, including electric vehicle manufacturers and technology startups.
It is precisely the combination of the scale of Chinese manufacturing with European brands and engineering expertise that has made Geely a leading player in the global market.
The company’s plans for 2025
Geely expects that by the end of 2025, the combined sales volume 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 globally in terms of sales volume;
- establish itself among the world’s largest automakers by the end of the decade;
- lay the financial and manufacturing groundwork for further expansion into the markets of Europe, Southeast Asia, and other regions.
