Geely Holding Group has reported cumulative sales of 3,002,640 vehicles for the first three quarters of 2026, crossing the 3-million-unit mark for the first time in a January-September period, according to Chinese automotive outlet PCauto. New-energy vehicles (NEVs) accounted for 1,792,617 units, up 12.6% year on year, giving the group a 59.7% new-energy penetration rate.
Listed arm and overseas growth
Geely Automobile Holdings (0175.HK), the group's core listed entity, sold 2,235,48 vehicles in the first nine months, with NEV sales of 1,326,364 units, up 14% year on year, and a new-energy penetration rate of 59.3%. Overseas markets were a highlight: exports reached 797,670 units, a 169% surge year on year, of which 484,086 were new-energy vehicles, meaning 61% of exports were electrified.
Among the group's brands, Geely Galaxy sold 877,184 units in the first three quarters, with September setting a monthly record for the year. Geely China Star, the group's petrol-car lineup, sold 873,776 units, keeping it among the top domestic combustion-engine brands. Lynk & Co sold 196,117 units, with new-energy vehicles making up 71.5% of its sales.
Premium and commercial vehicle results
Zeekr, the group's premium electric brand, delivered 288,404 vehicles in the first three quarters, up 101% year on year. Volvo Cars sold 466,000 units with a 50.7% new-energy penetration rate. Proton, the Malaysian brand in which Geely holds a stake, sold about 161,000 units, already surpassing its full-year 2025 total. Polestar sold about 45,000 units, with third-quarter sales exceeding 14,000, a record for the brand.
In the commercial vehicle segment, Farizon, Geely's new-energy commercial vehicle unit, sold about 149,000 units in the first three quarters, up 38.8% year on year. The results underscore Geely's broad push across passenger and commercial segments as it accelerates its electrification transition.
