Sales of Geely Auto and Lynk & Co and Lynk & Co in 2020 reached 1,320,117 units, exceeding the revised annual plan for 2020. Brands Geely Auto and Lynk & Co increased their market share, and Geely AUTO has retained its position as the most-selling Chinese brand in the world. Fourth year in a row.
December sales Geely Automobile Holdings Limited (GEELY) (including Lynk & Co Auto, sold by a joint venture owned by Geely Group of Companies by 50%), reached 154,202 units, which is 2% more than a year earlier.
In 2020, Geely Auto became the first Chinese brand overcoming the 10 millionth border of sales. In 2020, 72,700 cars were exported, which is 25.3% more than a year earlier.
Within 2020, Geely AUTO continued to represent cars based on a compact modular architecture developed in collaboration with Volvo Cars. To date, Geely AUTO has released two CMA-based vehicles - Preface sedan and Xing Yue crossover. Geely Preface was the first model of Geely Auto, offering users of the FOTA contactless firmware technology, which allows the models to be constantly updated.
In addition to the launch of the first sedan Geely Auto on the basis of CMA, in 2020, the second brand SUV based on BMA was launched with the B-segment modular architecture - Icon. This model set a new tendency to start new cars with its fully digital launch technology and contactless delivery using drones to deliver keys to new owners. Geely Icon was also one of the first models in the world, which received a certified N95 intelligent air purification system that helps protect users from harmful elements in the air of the cabin, including bacteria and viruses.
In 2020, Geely AUTO continued to expand its global presence, launching new models in Russia, Philippines, Kuwait, Saudi Arabia and Myanmar.
For the Lynk & Co 2020 brand, I became a sign: in October, the brand officially entered the European market and presented its first fully electrical conceptual model based on the new Sustainable Experience Architecture architecture (SEA), Lynk & Co Zero on the eve of the Beijing Motor Show in September 2020 .
In 2021, Geely will launch several new models to the market: a new SUV and CMA-based sedan, as well as several updated models. For Lynk & Co, in addition to the production version of the fully electric Lynk & Co Zero, the first Lynk & Co model, developed on the basis of the scalable product architecture (SPA), will also be presented.
In the coming years, Geely AUTO will fully plunge into Geely 4.0 innovation and develops new BMA, CMA, World Class Geely class and new SEA modular architecture. Through the use of this new modular architecture, Geely will be able to offer users an extensive line of products covering several segments, from compact to full-size, as well as transmissions from purely electrical to hybrid and traditional gasoline engines.
In 2021, Geely AUTO will focus on the adjustment of its product strategy, the introduction of new models and establish an annual target of 1.53 million units, which is 16% more than in 2020.
Motor, according to Geely AUTO, photo Geely