Geely Automobile Holdings (HK:0175) has released an update.
Geely Automobile Holdings Limited reported a substantial 38% year-over-year increase in its May 2024 sales volume, with a notable 160,658 vehicles sold. The impressive growth reflects strong demand for the company’s brands, including Geely, ZEEKR, and LYNK & CO, with electric vehicles (EVs) sales surging significantly. However, Proton, a brand partially owned by Geely, saw a slight 9% dip in sales for the same month, contrasting with the overall positive trend.
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