[Press Release]
Geely Automobile Holdings Limited
TOTAL SALES VOLUME FOR AUGUST 2024 WAS 181,229 UNITS
TOTAL SALES VOLUME UP 21% YOY
(HONG KONG, 1 September 2024) --- Geely Automobile Holdings Limited ('Geely Automobile'/the 'Group')(Stock codes: 175 (HKD counter) and 80175 (RMB counter)) announced that the total sales volume of the Group during the month of August 2024 was 181,229 units of vehicles, representing an increase of approximately 21% from the same period last year. Details are as follows:
Brand | Current month | The same | Year-on-year | Year-to-date in | Year-to-date for | YoY change | ||||||||||||||
(Unit) | period last | ("YoY") | current year | the same period | (%) | |||||||||||||||
year (Unit) | Change (%) | (Unit) | last year (Unit) | |||||||||||||||||
Geely | 140,686 | 118,204 | 19 | 996,401 | 775,934 | 28 | ||||||||||||||
of which: Galaxy | 26,510 | 11,117 | 138 | 124,635 | 30,848 | 304 | ||||||||||||||
ZEEKR | 18,015 | 12,303 | 46 | 121,540 | 66,975 | 81 | ||||||||||||||
LYNK & CO* | 22,528 | 18,696 | 20 | 169,800 | 117,934 | 44 | ||||||||||||||
Total | 181,229 | 149,203 | 21 | 1,287,741 | 960,843 | 34 | ||||||||||||||
of which: | ||||||||||||||||||||
Pure electric (battery | 47,042 | 30,139 | 56 | 264,947 | 180,190 | 47 | ||||||||||||||
electric vehicles | ||||||||||||||||||||
("BEVs")) | ||||||||||||||||||||
Plug-in hybrid electric | 28,442 | 15,647 | 82 | 189,773 | 50,629 | 275 | ||||||||||||||
vehicles ("PHEVs") | ||||||||||||||||||||
of which: | ||||||||||||||||||||
Export | 45,045 | 22,802 | 98 | 274,855 | 160,563 | 71 | ||||||||||||||
Save as the sales volume disclosed above, during the month of August 2024, Proton** achieved sales volume of 14,225 units of vehicles, representing an increase of approximately 8% compared to the same period last year. Further, in the first eight months of 2024, the cumulative sales volume of Proton reached 105,367 units of vehicles, representing a decrease of approximately 1% compared to the same period last year.
-END-
Please note that the figures disclosed in this press release are unaudited and have not been confirmed by the Company's auditor and may be subject to adjustment and final confirmation. Shareholders and potential investors are advised to read carefully the financial results of the Group when it is published.
*: Although the total sales volume is not directly correlated to the revenue recognised by the Group during a specific period as it includes all sales volume of LYNK & CO on a 100% consolidated basis, the board of directors of the Company believes that it better reflects the potential demand for the Group's vehicles.
**: The Group completed the acquisition of a 49.9% equity stake in Proton on 28 April 2023. For more details about Proton, please refer to the Company's announcement dated 20 January 2023 and circular dated 6 April 2023.
For media enquiries: | ||
Geely Automobile Holdings Limited | ||
Mr Poon Chi Kit | Tel: +852 2598 3315 | Email: ckpoon@geelyauto.com.hk |
Prime International Consultants Limited | ||
Ms Tracey Tong | Tel: +852 2891 4383 | Email: tracey@primeintl.com.hk |