On November 1, Geely Auto unveiled its sales figures for October. The data revealed that the company sold over 300,000 vehicles in October, marking a new all-time high. This represents a 35% year-on-year surge and a 12% month-on-month increase. Geely Auto has experienced double-digit growth both year-on-year and month-on-month for eight straight months. From January to October, Geely Auto's cumulative sales volume hit 2.47 million vehicles, showing a 44% year-on-year jump. The company has achieved 83% of its annual sales target.
In the realm of new energy vehicles, Geely Auto (encompassing Geely, Lynk & Co, and Zeekr) sold 178,000 vehicles in October, a 64% year-on-year spike that also sets a new record. The monthly penetration rate of new energy vehicles stood at 58%. Over the first 10 months of this year, Geely Auto's total new energy vehicle sales reached 1.345 million vehicles, reflecting a 106% year-on-year increase.
