The ambition is great in Geely, who wants to become less dependent on China and concentrate the vast majority of its sales in other countries – where it is experiencing strong growth.
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19/08/2026
by
News to Minutes
A Geely it is expanding strongly in international markets and wants to go much further after the growth it is already experiencing. The idea is to concentrate the majority share of your sales outside China.
A goal made clear by the new President An Conghui at the conference to present the intermediate results, transcribed by Yahoo Finance: “We want to sell about a million units a year on foreign markets. Our long-term goal is that about two thirds of our sales come from foreign markets“.
The figures show that in the first half of this year Geely reached new records in sales outside China, with exports firing 158 percent (474,228 units). In other words, reaching a million annual exports would mean more than doubling in the light of what is happening today. The vast majority of exports (395,392 cars) are brand names. In all, counting China, Geely sold 1,423 million cars between January and June.
The aggressive and ambitious strategy is also to extend the production network outside China – including in Europe, where you have plans to produce with Ford, in addition to Volvo factories, a brand of your group. “If two thirds of sales come from outside China, then localised production will become a reality“, the new leader commented.
In addition to the new partnership with Ford in Spain and the prospect of being able to use Volvo’s capabilities, Geely also produces elsewhere – such as in Brazil and South Korea, in collaboration with Renault.