In 2023, Geely Automobile exceeded its sales target, with cumulative sales of 1.687 million vehicles throughout the year, including 487,000 new energy vehicles. The total annual sales and new energy sales reached a record high simultaneously; the cumulative exports throughout the year were 274,000 vehicles, a year-on-year increase of more than 274,000 vehicles. 38%, export volume reached a new high. In 2023, the proportion of new energy products will steadily increase, with a penetration rate of 29%, and a single-month penetration rate of up to more than 40%. Product structure optimization, cost reduction and scale effects have improved the gross profit situation. Total gross profit increased by 31% year-on-year to 27.4 billion, and gross profit margin increased from 14.1% in 2022 to 15.3% in 2023.

As the mid-to-high-end new energy series of the Geely brand, Geely Galaxy has firmly built three new energy smart boutique cars worth 100,000-200,000 RMB since its official release in February 2023, Galaxy L7 (parameters | inquiry), Galaxy L6, and Galaxy E8. New products have been launched, and a product layout of pure electric + electric hybrid, sedan + SUV has been formed in the mainstream new energy market. Cumulative sales exceeded 110,000 vehicles in 9 months of launch.

The Lynk & Co brand will achieve sales of more than 220,000 vehicles in 2023, a year-on-year increase of more than 22%. The average transaction price of Lynk & Co 08 EM-P reached 220,000, surpassing competing products of the same level.

In 2023, Zeekr’s product matrix will continue to expand. A total of 119,000 units were delivered throughout the year, a year-on-year increase of 65%. As of December 31, 2023, the cumulative delivery of the Zeekr brand exceeded 190,000 units, and its four models have become benchmarks in the market segment.

With the overall development of the “Smart Geely Technology Ecological Network” accelerating, the results of “Smart Geely 2025” also completed a new implementation last year. In February 2023, Geely Xingrui Intelligent Computing Center was officially launched, and Geely’s overall R&D efficiency increased by 20%. In January this year, Geely Xingrui AI large model was officially released, realizing the industry debut of many AI native applications.

Centering on the “space and earth integration” satellite communication technology, NOA high-end intelligent driving assistance system, and Flyme Auto intelligent operating system, Geely Automobile has established full-stack self-research capabilities in the fields of smart cockpits and intelligent driving, and the “space and earth integration” travel ecology has been further improved. Empower Geely’s models with autonomous driving and intelligent network services.

In 2023, the Geely brand will complete the launch of 10 products in 43 countries around the world; by the end of 2023, Geely has deployed 533 sales and service outlets in 70 countries around the world, continuing to break through the five major global regions of Europe, Africa, Latin America, the Middle East, and Asia-Pacific business layout. Among them, the Lynk & Co brand adheres to the domestic and international “dual cycle”, “European strategy” and “Asia-Pacific strategy”, and is steadily moving towards the world. Its sales in Asia-Pacific, the Middle East and other regions will increase by 150% in 2023. Lynk & Co said it will further accelerate in the future Explore potential markets such as Southeast Asia and Latin America. At the same time, Zeekr will also officially start the pace of globalization in 2023, and has entered the markets of many countries and regions such as Europe and the Middle East. Zeekr 001 and Zeekr X have been successively delivered in overseas markets, and the first batch of overseas Zeekr direct sales Stores were opened in Sweden and the Netherlands.

In 2024, Geely Automobile will accelerate the pace of new energy transformation and intelligence. The annual sales target is 1.9 million vehicles, an increase of 13% compared with the total sales in 2023. Various energy-based models will develop in a balanced manner and go hand in hand. Among them, the sales target of new energy vehicles This is an increase of more than 66% compared to the total sales volume achieved in 2023. In the future, Geely Automobile will also continue to strengthen technological iterative upgrades in the fields of intelligent driving and intelligent cockpit, artificial intelligence, and three electric technologies.

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One of the teaser images is intended to show similarities between the car’s side lines and those of an airplane. As a new energy vehicle, the car is equipped with a closed front face and through-type light groups, and the side shape is a “bullet” style. It is expected that the official will emphasize the new car’s wind resistance coefficient and other information in the subsequent warm-up.

This car is positioned as “the world’s first space-oriented pure electric flagship car”, and the poster even shouts the slogan “Too big to hide”.

Based on information previously reported by the Ministry of Industry and Information Technology, the car is 5316mm long, 1998mm wide, 1940mm high, and has a wheelbase of 3185mm. Judging from the optional photos, the car provides a four-row, eight-seater layout, with the fourth row of seats being flat on the floor when folded. Of course, the car also offers a six-seat version with a more conventional three-row layout.

In the application map of the Ministry of Industry and Information Technology, the name of this car is “Yizhen Xspace”. In terms of power, the application information shows that the car uses an electric motor provided by Vair Electric Vehicle Technology (Ningbo) Co., Ltd. with a maximum power of 200kW and a maximum speed of 170km/h. The battery comes from Times Geely (Sichuan) Power Battery Co., Ltd.

Note: LEVC stands for “London Electric Vehicle Company”. It was founded in 1908 and was later acquired by Geely in 2013, becoming a high-end commercial vehicle brand under Geely Holding Group. In May this year, LEVC launched the world’s first space-oriented architecture SOA in the UK.

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Since being acquired by Geely Holding in 2010, Volvo Cars has expanded its global production layout with the full support of Geely Holding, doubled its sales, and embarked on a comprehensive electrification transformation. In 2021, Volvo Cars was successfully listed on the Nasdaq Stockholm Exchange.

Li Donghui, CEO of Geely Holding, said: “Volvo Cars is one of the fastest growing automakers in the world and the most iconic luxury car brand. Geely Holding will continue to help Volvo continue its global development as a controlling shareholder. success story and fully support Volvo Cars’ smart electrification transformation.”

Luo Wenjin, CEO of Volvo Cars, said: “The increase in public shareholding and improvement in transaction liquidity are beneficial to new and old investors, giving more shareholders and investors the opportunity to invest in Volvo Cars. We are very grateful to Geely Holding and All shareholders have been very supportive.”

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It is noticed that the front face of the 2024 Haoyue L adopts a new “potential ice waterfall” grille shape. The 16 chrome-plated pillars inside the grille are arranged with gradient spacing. The two sides of the grille are equipped with polygonal light groups and three-stage entrance grilles. breath. The car’s lines are relatively rough, giving it a solid feeling overall.

In terms of interior, the central control screen of the 2024 Haoyue L has been upgraded from the current 12.3 inches to 14.6 inches, the car system has been upgraded from Galaxy OS to Galaxy OS 2.0 version, and the cockpit chip has been upgraded from 12nm E02 to 7nm E04 high-performance chip. In addition, the new car also provides a new Danxia Red color scheme and continues to retain the Spruce Green color scheme. The official claims that “the second and third row seats can accommodate a 2.2m mattress when folded down.”

In terms of power, the new car will use a 2.0T turbocharged four-cylinder gasoline engine with a maximum power of 160kW and a peak torque of 325 Nm. It is paired with a 7-speed dual-clutch gearbox. It can accelerate to 100 kilometers in 7.9 seconds and has a comprehensive fuel consumption of 7.89L per 100 kilometers.

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Among them, the total sales of pure electric vehicles (BEVs, including power exchange) in July amounted to 28.15 million units, up 27% year-on-year; the cumulative sales of this year amounted to 163,900 units, up 52% year-on-year.

Geely’s total sales volume in January-July amounted to 832,180 units, an increase of about 13% over the same period last year. Among them, Galaxy sold 19,731,000 units; Extreme Krypton sold 54,672,000 units, up 127% year-on-year.

In addition to the sales disclosed above, Proton realized sales of 13,044 vehicles in July 2023, an increase of about 2% over the same period last year. In addition, Proton achieved cumulative sales of approximately 93,600 vehicles in the first seven months of 2023, an increase of approximately 28% over the same period last year.

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In the letter, Kam reviewed Geely’s achievements in 2022: In 2022, Geely achieved positive annual sales growth of 8% to 1,432,988 units, ranking third in the industry and surpassing most strong joint venture brands. New energy sales grew explosively, with penetration rates tripling year-over-year and breaking 30% in a few months. It reached the inflection point of rapid growth of new energy. I think this achievement is still far from enough, we can do better.

Geely Automobile Group’s total sales target for 2023 is 1.65 million units, and strives to achieve three doubling of new energy products: doubling of overall new energy sales to more than 600,000 units; doubling of Thor hybrid sales and high-end pure electrode krypton sales as well.

In addition, Kam Jia read also talked about the current phenomenon of some technological innovation in the automotive industry: “Now, there is a phenomenon: either simply add ‘color TV, refrigerator, massage chair’, or by not landing on the technical hype ‘eye-candy ‘.”

In addition, Gam Jia read also set the first goal for Geely Automobile Group: to construct a car based on Geely’s new energy frame, and truly solve the pain points of new energy vehicles for users. To do “real range”, to achieve accurate long range; to do “real driving control” the real combination of hard and soft, the form of God; to do “real quality” from The quality from the largest parts to the smallest details should be polished at all costs; to achieve the real “whole vehicle safety”, the real “car road cloud network map” synergy …。

Ganjia read that it is easy to do enough “surface work” to build a car, but Geely believes that only more long-term innovation in the “invisible places”, to challenge the limits, in order to create a good car that users really need.

In addition, today Geely Starry Smart Computing Center is also officially online, Kam Jia read that this is the world’s first “cloud, data, intelligence” integrated super cloud computing platform, can improve Geely’s overall R & D efficiency of 20%, and for users to create “safer, more intelligent, better with “The intelligent electric car.

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Geely high-performance electric drive project with a total investment of 10 billion yuan, covering an area of 310 acres, mainly engaged in the research and development, production and sales of high-performance electric drive system products, annual sales are expected to exceed 10 billion yuan, the annual tax payment is expected to exceed 1 billion yuan.

The project will achieve an annual output of 600,000 units, including 300,000 electric drive assemblies and 300,000 key components, with the goal of building a “0” pollution of international standards green intelligent factory.

Geely Automobile sold 145,070 vehicles in November 2022, up 7 percent year-on-year, and sold 12,869,771 vehicles this year, up 10 percent year-on-year.

In terms of new energy vehicles, Geely sold 31,278 pure electric vehicles in November, and 224,351 vehicles this year, up 369% year-on-year. Geely sold 13,839 vehicles in November, up 61% year-on-year, and 130,661 vehicles this year, up 186% year-on-year.

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The patent abstract shows that the application relates to the technical field of electric vehicles, and the system includes: a setting device, an in-vehicle microphone, a sentinel mode device, a host, an external speaker, a high-voltage energy device, an in-vehicle intelligent interconnection terminal, a car networking data platform, and a user terminal; The in-vehicle microphone, the out-vehicle speaker, the sentinel mode device, and the in-vehicle intelligent interconnection terminal are all connected to the host.

The application can realize a conversation with a pedestrian or a vehicle outside the vehicle without lowering the window glass, as well as make a remote call through a mobile phone, so as to avoid property damage.

Geely Auto is an investment holding company engaged in the production and sales of automobiles. The company mainly develops, manufactures and sells automobiles, including sedans, SUVs, new energy and electrified vehicles. The company’s vehicle types include family, touring and sports. The company’s new energy and electrified vehicles include electric vehicles, pure electric vehicles, hybrid electric vehicles, mild hybrid electric vehicles and plug-in hybrid electric vehicles. In addition, the company manufactures and sells auto parts and related auto parts.

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