During Geely Auto's 2026 interim results briefing, An Conghui, the CEO of Geely Holding Group, made a significant announcement. He stated that Geely Auto witnessed a remarkable 158% year-on-year surge in sales volume during the first half of the year, propelling the company closer to its ambitious target of selling one million vehicles annually in overseas markets. Geely Auto's overarching long-term strategy is to secure a sales ratio where two-thirds of its total sales come from international markets.
To realize this vision, Geely Holding Group is set to amalgamate resources from its in-house brands and external strategic partners. This integration will facilitate joint investments, collaborative development efforts, and the sharing of production capacities as well as local supply chains. An Conghui disclosed that Volvo's European factory is earmarked to serve as Geely Holding's production hub for high-end luxury brands across Europe. Furthermore, Proton's Malaysian factory is slated for expansion to establish itself as a pivotal production base in Southeast Asia, with its production capacity set to soar from 200,000 to 500,000 units. Additionally, Ford's Spanish factory will undertake the production of Geely Galaxy and Lynk & Co products, with the inaugural product roll-off scheduled for 2028.
Moreover, Geely has already established overseas production bases, such as its South American Brazilian and South Korean factories, through strategic collaborations with Renault, further solidifying its global footprint.
