2024-06-26 13:42:38 ET
Summary
- Geely Auto is positioned for continued NEV sales in 2024, with impressive growth in PHEVs and Zeekr BEVs.
- Geely's new plug-in hybrid platform Leishen Power replaced old P2 architecture, leading to increased sales and market share.
- Zeekr forecasts high sales volume of premium BEVs and continued success in the Chinese market, driving overall growth for Geely Auto in 2024.
Introduction
Both battery electric vehicles (“BEVs”) and plug-in hybrid vehicles (“PHEVs”) are counted as new energy vehicles (“NEVs”) in China. Per my December 2023 article , Geely Auto ( OTCPK:GELYF ) was positioned for substantial NEV sales in 2024. Since that time, we’ve gotten the unit numbers for the first five months of 2024, and they are not disappointing due to growth from PHEVs and Zeekr ( ZK ) BEVs:
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For further details see:
PHEVs And Zeekr BEVs Are Powering Geely Auto NEV Sales