Geely April Sales Flat as Hybrids and Exports Offset BEV Slowdown

Geely Automobile Holdings ( (HK:0175) ) has provided an announcement.

Geely Automobile reported unaudited total sales of 235,164 vehicles in April 2026, roughly flat year on year, bringing year-to-date volume to 944,522 units, up 1%. The core Geely brand saw a 6% April decline and 7% year-to-date drop, while the Galaxy sub-brand also softened, contrasting with LYNK & CO’s 4% year-to-date growth and a near-doubling of premium EV brand ZEEKR’s sales.

The group’s sales mix is shifting, with battery electric vehicle volumes down 19% in April and 15% year to date, offset by strong plug-in hybrid growth of 83% in April and 67% year to date. Export sales surged 245% in April and 151% year to date, and associate brand Proton recorded April sales growth of about 29% and 21% growth year to date, underscoring Geely’s expanding international footprint despite pressure in pure BEVs and its reliance on unaudited figures that may be adjusted later.

The most recent analyst rating on (HK:0175) stock is a Buy with a HK$28.00 price target. To see the full list of analyst forecasts on Geely Automobile Holdings stock, see the HK:0175 Stock Forecast page.

More about Geely Automobile Holdings

Geely Automobile Holdings Limited is a Hong Kong–listed Chinese automaker incorporated in the Cayman Islands, with stock codes 175 and 80175. The group develops and sells passenger vehicles under brands including Geely, Galaxy, LYNK & CO and premium electric marque ZEEKR, with a growing focus on new-energy vehicles and exports beyond mainland China, Hong Kong, Macao and Taiwan.

YTD Price Performance: 27.93%

Average Trading Volume: 83,248,357

Technical Sentiment Signal: Buy

Current Market Cap: HK$248.4B

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