Stock Markets July 1, 2026 08:08 AM

Geely Posts 2% Year-on-Year Rise in June Vehicle Deliveries, Driven by ZEEKR and Exports

Total June shipments reach 240,799 units as EV and export volumes climb; core Geely brand posts a modest decline

By Caleb Monroe
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Geely Automobile reported total vehicle deliveries of 240,799 units in June 2026, a 2% increase from June 2025. Growth was supported by strong performance from ZEEKR, higher battery-electric and plug-in hybrid volumes, and a significant jump in export shipments. The Geely brand and LYNK & CO recorded declines for the month, while Proton posted double-digit gains.

Geely Posts 2% Year-on-Year Rise in June Vehicle Deliveries, Driven by ZEEKR and Exports
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Key Points

  • Total June deliveries were 240,799 units, up 2% from June 2025, with first-half 2026 volume at 1,422,958 units, up 1% year-on-year - impacts automotive manufacturers and supply chains.
  • Battery electric and plug-in hybrid volumes rose significantly in June, with BEVs at 103,522 units (+22%) and PHEVs at 57,927 units (+55%) - relevant to the EV market and battery suppliers.
  • Strong gains in ZEEKR (35,169 units, +111%) and exports (102,874 units, +157%) contrasted with declines at the Geely brand (186,564 units, -3%) and LYNK & CO (19,066 units, -28%) - affecting branded auto portfolios and international sales channels.

Geely Automobile Holdings Limited recorded total vehicle sales of 240,799 units in June 2026, a 2% increase compared with the same month a year earlier. The company’s monthly results show a mixed performance across brands and powertrain types.


The company’s namesake Geely brand delivered 186,564 units in June, representing a 3% decline year-on-year. Within that brand, the Galaxy subline showed strength with 108,206 units sold in the month - a 20% increase versus June 2025.

Other brands in Geely’s lineup showed divergent trends. LYNK & CO reported sales of 19,066 units in June, down 28% from the prior-year period. ZEEKR, by contrast, recorded 35,169 units for the month, an increase of 111% year-on-year.

Electrified vehicles made up a meaningful share of June volumes. Battery electric vehicles (BEVs) accounted for 103,522 units, up 22% from the same month last year. Plug-in hybrid electric vehicles (PHEVs) totaled 57,927 units in June, rising 55% year-on-year.

Export shipments were also a notable contributor to monthly volume: 102,874 units were exported in June, an increase of 157% compared with June 2025.


On a year-to-date basis, Geely’s aggregate sales for the first half of 2026 reached 1,422,958 units, up 1% from the first six months of 2025. The Geely brand’s cumulative sales over the same period were 1,100,373 units, reflecting a 5% decline year-on-year.

Separately, Proton—a distinct brand within the group—sold 16,313 vehicles in June 2026, a 42% increase from June 2025. Proton’s sales for the first half of 2026 totaled 95,167 units, up 23% compared with the first six months of 2025.


The monthly figures show areas of both expansion and contraction across Geely’s portfolio: substantial gains in ZEEKR and electrified models and a steep export increase are offset by softness at the Geely brand overall and a pronounced decline at LYNK & CO for the month. The first-half totals reflect a modest overall increase in total group volume while the core Geely brand lags year-on-year.

Risks

  • The Geely brand’s year-to-date decline (1,100,373 units, down 5%) highlights brand-specific softness that could pressure margins and domestic market positioning - impacting auto OEMs and retail channels.
  • A sharp month-on-month drop at LYNK & CO (down 28% in June) introduces uncertainty for that brand’s near-term sales trajectory and inventory management - relevant for marketing and dealer networks.
  • Heavy reliance on rising export volumes (102,874 units, +157%) may expose the company to external trade and logistics variables not detailed in the monthly figures - affecting export-focused manufacturing and shipping sectors.

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