Geely Auto H1 2026 Results Show Record Revenue and Core Profit

Geely Auto Reports Record H1 2026 Financial Performance

Geely Auto H1 2026 results showed record revenue and core net profit, highlighting continued growth despite a decline in reported net profit attributable to owners of the parent. Geely Automobile Holdings Limited released its 2026 interim results on August 17, reporting revenue of CNY 173.6 billion, up 15% year-over-year. Net profit attributable to owners of the parent was CNY 9.09 billion, down 2% year-over-year, while core net profit attributable to owners of the parent increased 46% year-over-year to CNY 9.68 billion. Both revenue and core net profit reached record highs during the first half of 2026.

Vehicle Sales and New Energy Performance

In H1 2026, Geely Automobile Holdings Limited sold a total of 1,422,958 units, representing a 1% year-over-year increase and a record sales level. The company sold 948,730 units in the Chinese domestic market, corresponding to an 11.4% share of China’s passenger vehicle market. New energy vehicle sales reached 799,454 units, up 10% year-over-year and accounting for 56.2% of total sales. The NEV volume included 338,038 plug-in hybrid electric vehicles and 461,416 battery electric vehicles, while internal combustion engine and hybrid electric vehicle sales totaled 623,504 units, down 8.8% year-over-year.

Brand Performance Across Zeekr, Lynk & Co and Geely

The company’s individual brands delivered mixed results during the first half. Zeekr sold 178,370 units, up 97% year-over-year, with the ZEEKR 9X luxury plug-in hybrid SUV recording 46,869 units and becoming the best-selling model across all brands and vehicle categories priced above CNY 500,000 in China during H1. Lynk & Co sold 144,215 units, down 6.4%, although its NEV sales increased 8.8% to 93,597 units and represented 65% of brand sales. The Geely brand sold 1,100,373 units, down 5.5%, including 519,793 units from the Geely Galaxy brand.

Exports Become a Major Growth Driver

Geely significantly accelerated its globalization strategy during H1 2026, with exports reaching 474,228 units, an increase of 158% year-over-year. NEVs were the principal growth driver, with overseas NEV exports reaching 277,189 units, surging 585% year-over-year and representing 58.5% of total exports. The company’s strategy is moving beyond simply exporting vehicles toward deeper brand development, sales-channel expansion and global industrial collaboration. Geely’s product portfolio now spans ICE vehicles and mainstream NEVs such as the Geely EX2, Geely EX5 and Geely EX5 EM-i, as well as premium NEVs including the Lynk & Co 08, Lynk & Co 900, Zeekr 7X and Zeekr 009.

Global Product Coverage and Market Expansion

Geely’s products now reach more than 100 countries and markets across Europe, Latin America, Asia-Pacific, the Middle East and Africa. This broader geographic footprint supports the company’s transition toward a more globally integrated automotive business. The sharp increase in NEV exports also indicates that electrified products are becoming increasingly important to Geely’s overseas expansion. The company plans to build on this momentum across key international regions while increasing its ability to support local sales channels, product deployment and broader industrial collaboration.

Full-Domain AI Becomes the Key H2 2026 Focus

For H2 2026, Geely will position Full-Domain AI as a key driving force in its strategy to become a leader in Full-Domain AI-powered intelligent vehicles. The Zeekr brand will continue expanding its luxury portfolio, with the Zeekr 9X and Zeekr 009 Grand planned for gradual introduction into overseas markets. Lynk & Co will strengthen its sporty positioning and launch models including the Lynk & Co 20. Meanwhile, the Geely Galaxy brand will broaden its lineup with off-road and BEV models, including the Geely Galaxy TT battery-electric sedan and Yinhe Zhanjian 700 plug-in hybrid SUV.

ADAS, Intelligent Cockpits and Robotaxi Deployment

Geely also plans to expand intelligent driving and cockpit technologies across its vehicle portfolio. Geely Afari Smart Driving, or G-ASD, will continue to receive upgrades, while the G-ASD H7 solution will be deployed across additional Lynk & Co and Geely Galaxy models. The company will also accelerate large-scale robotaxi operations. In intelligent cockpits, Super Eva 2.0 is scheduled for deployment in vehicles during H2 2026, alongside further development of cockpit-driving integration and Full-Domain AI integration. These initiatives indicate that Geely’s technology strategy is increasingly focused on combining driver assistance, cockpit software and artificial intelligence into a more integrated vehicle architecture.

Powertrain Expansion and Higher Export Ambition

Geely’s H2 product strategy will also expand its powertrain coverage. The Geely China Star series will accelerate adoption of hybrid electric vehicle powertrains across its lineup, with plans to launch the Xingrui L Plus, an i-HEV flagship sedan, alongside another flagship SUV. At the same time, the Geely Galaxy portfolio will add battery-electric and plug-in hybrid products. For international operations, Geely has identified five key overseas regions comprising ASEAN, Pan-Europe, Eastern Europe, Latin America and Africa, and the Middle East and Asia-Pacific. The company plans to raise its annual export target from 640,000 units to 920,000 units, reflecting its stronger global expansion ambitions.

Frequently Asked Questions

What were Geely Auto’s key H1 2026 financial results?
Geely Auto reported record revenue and core net profit in the first half of 2026, supported by higher vehicle sales and strong new energy vehicle performance. Revenue reached CNY 173.6 billion, increasing 15% year-over-year, while core net profit attributable to owners of the parent rose 46% to CNY 9.68 billion. Net profit attributable to owners of the parent was CNY 9.09 billion, down 2% year-over-year. The company said both revenue and core net profit reached record highs during the period, reinforcing the importance of its expanding NEV portfolio and international operations.

How many vehicles did Geely sell in H1 2026?
Geely sold 1,422,958 vehicles globally during H1 2026, representing a 1% year-over-year increase and a record sales level for the company. Of this total, 948,730 units were sold in the Chinese domestic market, giving Geely an 11.4% share of China’s passenger vehicle market. NEV sales reached 799,454 units, accounting for 56.2% of total sales. This included 461,416 battery electric vehicles and 338,038 plug-in hybrid electric vehicles, while ICE and HEV sales totaled 623,504 units during the same period.

How fast did Geely’s exports grow in H1 2026?
Geely’s exports increased sharply during the first half of 2026 as the company accelerated its globalization strategy and expanded its overseas presence. Total exports reached 474,228 units, up 158% year-over-year. NEV exports were particularly strong, reaching 277,189 units and surging 585% year-over-year. NEVs represented 58.5% of total exports during the period. Geely said its international strategy is evolving beyond vehicle exports toward deeper brand development, expanded sales channels and global industrial collaboration across Europe, Latin America, Asia-Pacific, the Middle East and Africa.

What is Geely’s main strategic focus for H2 2026?
Geely plans to make Full-Domain AI a key driver of its strategy during the second half of 2026 as it targets leadership in intelligent vehicles. The company will expand its intelligent driving capabilities through continued G-ASD upgrades and deployment of the G-ASD H7 solution across more models. Super Eva 2.0 will support intelligent cockpit development, while Geely will further integrate cockpit, driving and Full-Domain AI technologies. The company also plans broader robotaxi deployment and continued expansion of NEV, hybrid and premium vehicle offerings in China and overseas markets.