Geely Reports Robust Sales Growth and EV Surge

Geely Automobile Holdings (HK:0175) has released an update.

Geely Automobile Holdings Limited reported an impressive 21% year-on-year increase in vehicle sales for August 2024, with a notable surge in sales of electric vehicles and plug-in hybrids. Exports have nearly doubled, reflecting strong global demand, while the Group’s subsidiary, Proton, also showed growth. These unaudited figures suggest a robust potential demand for Geely’s lineup, yet investors are cautioned to await confirmed financial results.

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