Geely Auto's sales increased by 13% in July, with excellent sales of new energy models

According to official data from Geely Automobile, the sales volume of Geely Boyue model reached 19,671 units in July, making its total sales successfully exceed the 1.6 million mark. Compared with June, Geely Automobile's total passenger car sales were 137,897 units, of which the Boyue family's sales were only 21,564 units, accounting for only 15.64%

In addition, Geely Automobile Group's overall sales in July Sales performance was impressive, with a total of 138,135 vehicles sold, a year-on-year increase of approximately 13%. In particular, sales of new energy vehicles reached 41,014 units, a year-on-year increase of 28% and a month-on-month increase of 6%, setting a new monthly sales record this year. The penetration rate of new energy vehicles is also close to 30%. The sales volume of the Geely brand in July was 104,480 units, a year-on-year increase of approximately 8%; among which, the sales volume of the Geely Galaxy (referring to the Galaxy L7 model) reached 10,058 units

Lynk & Co brand sales in July The sales volume was 17,201 vehicles, a year-on-year increase of 15%, a month-on-month increase of more than 5%, and sales began to pick up. On the other hand, Jikrypton Motors’ sales in July were 12,039 units, a year-on-year increase of 139.7% and a month-on-month increase of 13.4%. As of the end of July, the cumulative delivery volume of Jikrypton Automobile has reached 132,620 vehicles. In addition, Jikrypton Automobile’s sales channels and charging network are also expanding rapidly. The number of stores nationwide has exceeded 300. Jikrypton’s self-built charging stations cover nearly 130 cities and 756 stations

It is understood that as of the first seven months of 2023, Geely Automobile Group’s cumulative sales have reached 832,180 vehicles, a year-on-year increase of 13%. However, this only achieved 50% of the annual target of 1.65 million vehicles. In order to achieve its full-year target, Geely Auto Group needs to sell an average of 164,000 vehicles per month in the next five months. However, Geely Automobile Group's current sales level is difficult to reach 150,000 vehicles per month, so it faces greater sales pressure. However, people have high hopes for the Geely Galaxy model. They believe that the Galaxy L6 may increase sales again after it is launched in the second half of the year and contribute to achieving the annual target

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