Geely's net income climbed 92% to 2.46 billion yuan, with revenue rising 20% to 60.38 billion yuan in the third quarter, showcasing strong growth from its EV segment.
In the first three quarters of 2024, Geely maintained a strong sales growth momentum, with a 32% year-on-year increase in sales volume, outperforming the market.
Deliveries of Geely's EVs and plug-in hybrids have almost doubled, reaching 655,000 in the first 10 months of 2024, highlighting the success of their new models.
Geely's export shipments have risen by 71%, although concerns arise from increasing trade measures against Chinese EVs, including the EU's decision to impose additional tariffs.
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