Year-on-year growth of 7% Geely Automobile sold 145,070 vehicles in November.

On December 7th, Geely Automobile Holdings Co., Ltd. (0175.HK) released the latest sales data: the sales volume of passenger cars in November was 145,070, up about 7% year-on-year.

In November, the monthly delivery of krypton reached a new high, and the geometric pure electricity accelerated the destruction. The sales volume of the high-end series of Geely brand "China Star" exceeded 500,000, and the sales volume of Linke exceeded 800,000. Ruilan brand started the journey of globalization … High-value products continued to detonate the market, new energy products accelerated to the sea, and innovation drove the high-quality development of the group to a new level.

New energy sales continued to climb, and the monthly delivery reached a new high for five consecutive months.

In November, the sales volume of new energy sources (including Geely, Geometry, Lectra, Krypton and Ruilan) was 34,642, an increase of over 11% from the previous month. From January to November, the Group’s cumulative sales of new energy reached 284,177 vehicles.

Among them, the geometric sales volume of fashion Volkswagen pure electric series was 13,839, an increase of over 10% from the previous month. From January to November, the cumulative sales volume of Geometry reached 130,661 vehicles, a year-on-year increase of 186%. On November 7th, two new products, G6/M6, were officially launched, all of which came standard with the super-electric intelligent cockpit based on Harmony OS, and the price was 144.8-181,800 yuan in the limited time. Geometry is hand in hand with Huawei, and the top students of the two industries collaborate across disciplines, allowing mainstream users to touch the "smart ceiling" and create the best solution at the same level in the pure electricity market.

The brand-new trend technology brand is extremely strong in the high-end intelligent pure electric track, helping Geely to explore the high-end new energy vehicle market. In November, 11,011 vehicles were delivered, up nearly 9% from the previous month and over 447% year-on-year. Since the delivery was started in October last year, the cumulative delivery of Krypton 001 has reached 66,611 vehicles. Up to now, Krypton has reached a new high in a single month for five consecutive months, and the average order amount has exceeded 336,000 yuan. The world’s first original pure electric luxury MPV Extreme Krypton 009, as the second product of Extreme Krypton, has been officially released. Extreme Krypton 009 combines the luxury space of MPV, the strong safety of SUV and the excellent control of sports car, leading the field of six large luxury cars into the era of intelligent electric, and it is expected to be officially opened for delivery in January 2023.

In addition, the customized model developed for Waymo, a world-renowned driverless technology company, has been officially unveiled in the United States. The car is based on the ZEEKR M-Vision concept car and will be put into commercial operation in the United States. ZEEKR M-Vision concept car is built based on the vast -M(SEA-M) architecture, and will have mass production conditions in 2024. Vast -M architecture is the exclusive architecture for future intelligent travel, and it is also the first pure electric architecture specially developed for unmanned mobile travel in the world. It can be connected to intelligent driving systems at L4 level and above, and is compatible with a variety of unmanned technical solutions.

In the field of power exchange, Ruilan Automobile, a "power exchange light traveler", sold 7,355 vehicles, an increase of over 26% from the previous month. On November 4th, Ruilan 9, the leader of rechargeable and replaceable SUV, officially opened the global pre-sale, and the pre-sale price of the founding version was 199,800 yuan. Ruilan 9 is based on GBRC crystal architecture, equipped with rechargeable and replaceable capsule batteries. The cruising range of capsule batteries can cover 300-700 kilometers, and it has passed more than 100 performance and reliability tests, with three characteristics: long cycle life, high energy density and high safety. On the same day, 100 X3PRO of Ruilan Automobile were officially shipped to Azerbaijan, which also marked the official entry of Ruilan Automobile into overseas markets. In the future, Ruilan will continue to enter the automobile market in Russia, Chile, Uzbekistan, Mexico, Saudi Arabia and other countries.

China’s star sales exceeded 500,000, and the L Hi·P Raytheon extended-range electric SUV went on the market.

In November, Geely brand (including geometry) sold 108,544 vehicles; From January to November, the cumulative sales exceeded one million. Among them, China Star sold 25,899 high-end series vehicles, and the cumulative sales volume officially exceeded 500,000. Among them, Xingrui 2023 only this turquoise version won the 2022 International CMF Design Award, creating a new realm of perfect integration of pioneer technology and China classical culture.

On November 25th, Xingyue L Hi·P Raytheon extended-range electric SUV was officially launched. As a brand-new masterpiece of electrification development of Geely brand, Xingyue L extended-range electric version has achieved three electric modes of "pure electric, hybrid electric and extended-range electric", bringing users a subversive intelligent electric travel experience with a pure electric battery life of 205kmWLTC, a pure electric drive extended-range battery life of 1250kmWLTC and a speed of over 220 km/h..

In addition, Bo Yue L, the brand-new strategic flagship model of Geely brand, achieved a sales volume of over 10,000 in November. Since its listing on October 26, the cumulative sales volume has exceeded 18,000 units, which is a hot sale when it is listed. Bo Yue L and Xing Yue L form a double swordsman competing for the A-class SUV market, accelerating the comprehensive popularization of high-value products in Geely 4.0 era, and allowing users around the world to share the dividend of scientific and technological progress.

With the "tail-riding effect" gradually appearing at the end of the year and the enthusiasm of consumers for car purchase continuing to rise, the New Geely Good Car Festival will last for the whole of December, and will continue to offer profits on official platforms such as Tik Tok, JD.COM, Tmall and WeChat applet, thousands of authorized dealers in China, as well as several major automobile media. All models can enjoy the double-twelve-tax-paying activities, such as free purchase tax, plus 1 billion subsidies, to create a lasting "car honeymoon" for consumers.

Linke’s sales exceeded 800,000 new energy products and accelerated to go to sea.

Lexus sold 18,160 vehicles in November, an increase of over 10% from the previous month. This year, it has achieved a month-on-month increase for seven consecutive months. At the same time, since the establishment of the brand, the cumulative sales volume has officially exceeded 800,000 units.

On November 19th, the 800,000th complete vehicle of LECK brand-LECK 09 EM-P voyage edition off-line and LECK 09 collective delivery ceremony was held in Ningbo Meishan Factory. From 0 to 800,000 vehicles, it took less than five years for Link to become the fastest high-end automobile brand in China to break through 800,000 vehicles, which provided a new model for the high-end and global development of China automobiles.

Under the "Leadership Speed", Leadership accelerates the pace of globalization and continues to deepen the "European Strategy" and "Asia-Pacific Strategy". Milan Store, the 10th offline experience store in Europe, opened recently, and Linke continues to build an "experiential car retail community" to create a trend of "not just cars" with 150,000+European subscription members. On the first anniversary of the "Asia-Pacific Strategy", Lectra signed a distribution agency cooperation agreement with Ajabul Group to jointly explore the Saudi market. Lingke New Energy accelerated to go to sea, and in early November, Lingke 01 PHEV went to sea in Israel, achieving a zero breakthrough in the Asia-Pacific market for Lingke New Energy vehicles. Early next year, the Link Center in the center of Tel Aviv, Israel will officially open. In the future, Lectra will continue to lay out markets in Asia-Pacific countries such as Oman and United Arab Emirates, and its flagship product Lectra 09 will also sail out to sea, constantly creating new heights of brand value.

In November, Geely Automobile Group’s export sales continued to climb, reaching 18,633 vehicles, up about 43% year-on-year, and new energy products accelerated to the sea.

The sales volume in many markets increased significantly. Terminal sales in the Middle East market increased by 40% year-on-year; Terminal sales in Asia-Pacific market increased by 31% year-on-year; Terminal sales in the Latin American regional market increased by 64% year-on-year; Terminal sales in the African regional market increased by 44% year-on-year. In addition, from January to November, the market share of pure electric vehicle Geometry C in Israel EV market reached 24.3%, ranking first locally.

Overseas business continued to expand. In November, Geely Automobile strategically cooperated with Grand Automotive Group to enter the markets of Hungary, Czech Republic and Slovakia. Signed a contract with VCAG Group to expand the market of seven Adriatic countries and deepen the European market; Signed a distribution agreement with GBH Group to jointly develop markets in important African port distribution centers such as Morocco, C? te d ‘Ivoire and French Reunion.

In November, Geely Automobile Xi ‘an Factory became the first zero-carbon factory of domestic automobile enterprises; On December 2nd, Bo Yue L and Ji Ke 009 under Geely Automobile Group both won the "China Eco-car White Gold Medal Model" certification. Up to now, nine models of Geely Automobile Group have won this award, which is the car enterprise with the largest number of award-winning models. In the future, Geely Automobile Group will continue to promote the ecological layout of new energy, continue to explore ways to reduce carbon in the whole life cycle of supply, manufacturing and use, and create a Geely model for green and low-carbon sustainable development of the automobile industry.