吉利汽车

Credit Agricole and Geely reach cooperation to facilitate Geely's entry into the French market

Bernstein Raises Geely Auto's Target Price to HKD 22.00

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Surging oil prices are driving Chinese consumers towards battery electric vehicles (BEVs), which claimed nine of the top ten sales spots in April. Geely's Xingyuan led with 34,727 units sold, while Tesla's Model Y dropped to third place with a 42% sales decline. The shift reflects a significant decrease in petrol vehicle demand, with BEVs now accounting for 61.4% of new car sales. The China Passenger Car Association noted a rise in domestic brands' market share to 80%, as high oil prices continue to reshape the automotive landscape in China.

- Surging oil prices are driving Chinese consumers toward battery electric vehicles (BEVs), which dominated April sales, securing nine out of the top 10 sales spots.  
- Geely’s Xingyuan led with 34,727 units sold, and overall, electric vehicles represented 61.4% of new car sales, highlighting a significant shift in market dynamics.  
- The rise of domestic brands amid high fuel costs is reshaping China's auto landscape, with expectations for further electrification growth if oil prices remain elevated.

SCMP

Geely Auto

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

GEELY AUTO

Hua Xia CSI New Energy Vehicles ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

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First Trust S-Network Future Vehicles & Tech ETF

XIAOMI-W

Tesla

GEELY AUTO-R

Xiaomi Corporation

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Xiaomi HK SDR 2to1

Oil shock fuels BEVs to 9 of top 10 in sales, with China brands overtaking Tesla

Lotus Technology, owned by Geely, has suspended its full electrification strategy due to market challenges. The company will focus on fuel and hybrid vehicles, launching the Emira 420 soon and a hybrid hypercar, Type 135, in 2028. Lotus aims for a 60-40 mix of PHEVs and BEVs in its portfolio. Sales fell 46% last year, prompting a shift towards higher profit margins and cost efficiency. The firm plans to integrate R&D and manufacturing in the UK and China, targeting profitability next year.

- Lotus Technology, owned by Geely Holding Group, will halt its full electrification strategy due to market challenges and will focus on fuel and hybrid vehicles.  
- The company plans to introduce the fuel-powered Emira 420 soon and aims to launch a hybrid hypercar, Type 135, by 2028 while transitioning to electric vehicles when conditions improve.  
- Lotus reported a significant sales decline of 46 percent last year, prompting a shift toward achieving higher profit margins rather than just sales growth, with plans to integrate R&D and manufacturing operations.

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Lotus Tech

General Motors

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Geely's Ultra-Luxury Carmaker Lotus Drops Full Electrification Plans, CEO Says

DRIV

This article discusses how three Chinese EV makers—Geely (Lotus), BYD, and Chery—are adapting to Canada's new import regulations for electric vehicles. The Canadian government has implemented a quota system limiting imports to 49,000 units at a 6% tariff, aimed at regulating entry and ensuring compliance with local laws. Geely has successfully shipped Lotus Eletre SUVs, leveraging brand recognition, while Chery faces challenges balancing affordability and profitability under the quota system. BYD, with its industrial scale, must navigate these new market dynamics as well.

cleantechnica

Global X Autonomous & Electric V

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Volvo

Polestar Automotive UK

BYD HK SDR 10to1

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BYD Company Limited

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Polestar Automotive UK PLC - CW 27

Explainer: How The First 3 Chinese EV Makers Are Complying To Canadian Automobile Compliance Policies

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Ford is in advanced discussions with Geely to sell part of its Valencia plant in Spain, specifically the Body 3 vehicle assembly lines. The deal may lead to the production of a new electric vehicle, internally codenamed “135,” which is expected to offer hybrid, plug-in hybrid, and all-electric options based on Geely’s GEA platform.

- Ford is in advanced negotiations with Geely to sell part of its Valencia plant in Spain.  
- Geely intends to utilize the site's Body 3 vehicle assembly lines for a new electric vehicle, potentially called the EX2.  
- This vehicle will feature hybrid, plug-in hybrid, and all-electric options using the GEA platform.

Electrek

Ford Motor

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Ford is in ‘very advanced’ talks to sell part of EU plant to China’s Geely, but there’s more

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Chinese carmaker Zhejiang Geely Holding Group is expanding its presence in the U.S. despite political opposition. With significant investments in Volvo, Polestar, and Lotus, Geely benefits from established dealer networks and potential U.S. factory capacity. Volvo aims to increase U.S. production, while Geely's Zeekr brand is poised for U.S. market entry. Despite tariffs and regulatory challenges, some U.S. politicians express openness to foreign automakers building plants in the country, highlighting a complex landscape for Chinese automotive investments.

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How Chinese carmaker Geely put roots in the U.S.

China Everbright analyst maintained a Buy rating on Geely Automobile Holdings on May 2 and set a price target of HK$27.44.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Geely Automobile Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$28.91.

- China Everbright analyst has maintained a Buy rating on Geely Automobile Holdings, setting a price target of HK$27.44.  
- The analyst consensus for Geely is Strong Buy, with a price target consensus of HK$28.91.  
- This positive outlook suggests strong confidence in the company's performance in the market.

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China Everbright Water

EB GRAND CHINA

China Everbright Reaffirms Their Buy Rating on Geely Automobile Holdings (GELYF)

Geely's April sales saw a slight increase of 0.45% year-on-year, totaling 235,164 vehicles, driven by a record 83,186 overseas sales, up 244.70%. However, domestic sales fell 27.62% to 151,978 vehicles. The premium brand Zeekr achieved a record delivery of 31,787 vehicles, while the Geely Galaxy brand continued to decline. For the January-April period, total sales reached 944,522 vehicles, with exports surging 150.87%. Geely's core profit rose 31% excluding foreign exchange impacts, highlighting the importance of exports amid domestic market challenges.

- Geely experienced a significant increase in overseas sales, surging 244.70% year-on-year in April, while domestic sales fell by 27.62%.  
- The company achieved total sales of 235,164 vehicles in April, with a notable contribution from its premium brand Zeekr, which delivered a record 31,787 vehicles, up 131.57% year-on-year.  
- Despite the decline in domestic sales, Geely's exports and NEV sales showed resilience, with overseas exports up 150.87% year-on-year during the January-to-April period, highlighting the company's strategic shift amid domestic market challenges.

CnEVPost

Geely April sales edge up as record exports offset domestic slump

Citi has maintained a Buy rating on Geely Automobile Holdings (GELYF) with a price target of HK$30.00, while the shares closed at HK$22.34. The analyst consensus for the stock is Strong Buy, with a target of HK$28.51, indicating a potential upside of 27.63%. Additionally, DBS also reaffirmed a Buy rating with a price target of HK$28.00.

- Citi maintained a Buy rating on Geely Automobile Holdings, setting a price target of HK$30.00.  
- The company's shares closed at HK$22.34, with an analyst consensus of Strong Buy and a price target consensus of HK$28.51, indicating a 27.63% potential upside.  
- Additionally, DBS also rated the stock as Buy, with a price target of HK$28.00.

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Geely Automobile Holdings (GELYF) Gets a Buy from Citi

Cui Dongshu, Secretary-General of the China Passenger Car Association, predicts that China's share of the global auto market will decline to 31.5% in 2026, down from 35.4% in 2025. Despite a strong performance in recent years, with shares rising to 33.8% in 2023 and 34.2% in 2024, the market is expected to contract. Chinese self-owned brands have increased their global market share, while leading international automakers have seen significant declines. In Q1 2026, Geely and Chery ranked sixth and tenth among the world's top ten automakers, respectively, while BYD fell to eleventh.

- China's auto market has shown robust growth, increasing its global share to 35.4% in 2025 before a decline to 31.5% in 2026.  
- Chinese self-owned brands have gained market share, with Geely and Chery ranking sixth and tenth among global automakers, respectively.  
- The shift towards electrification is impacting international brands, many of which are experiencing significant market contractions.

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Suzuki Motor Corp.

Suzuki

Cui Dongshu: China's Share of Global Auto Market to Fall to 31.5% in 2026

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Geely Automobile reported a 27% decline in Q1 profit to 4.2 billion yuan, missing analyst expectations due to weak demand in China's car market. Revenue rose 15% to 83.8 billion yuan. Despite selling 709,358 vehicles, slightly more than rival BYD, Geely faces intense competition and a price war. The company is increasing its international sales target to 750,000 vehicles and has partnered with Renault to produce vehicles in Brazil, aiming to enhance its global presence.

吉利汽车(44069.HK)