Geely Automobile (GELYF) reported total sales of 250,161 vehicles in July, marking its fifth consecutive month of both year-on-year and month-on-month growth. Geely Auto Group recorded a total year-on-year sales increase of 5% in the month, with the Geely brand contributing 197,942 units, Lynk & Co 16,382 units, and Zeekr 35,837 units. Combined new energy vehicle (NEV) sales across the three brands reached 160,165 units, representing a year-on-year increase of 23%. The group also maintained its strong momentum globally, with sales outside Mainland China in July reaching a new monthly high of 106,663 vehicles. Exports increased 202% year on year. NEVs exports reached 62,604 units, rising 616% from a year earlier and accounting for 59% of total exports in July.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on GELYF:

Disclaimer & DisclosureReport an Issue