Geely Automobile Sees Flat Sales in April 2026 Despite Robust Export and Proton Growth – Minichart

Key Takeaways

Geely sold 235,164 vehicles in April 2026, remaining flat year-on-year, with YTD sales up 1%.
Export sales surged 245% in April, indicating strong international growth, while BEV sales declined 19%.
ZEEKR experienced significant growth of 132% in April, contrasting with mixed performance in other brands.

Sales Overview

Geely Automobile Holdings Limited has issued its unaudited sales data for April 2026, outlining operations across brands and markets. The total sales volume reached 235,164 vehicles, consistent with the previous year. Year-to-date (YTD) sales hit 944,522 units, marking a slight increase from 937,936 units in 2025.

Brand Performance

In April 2026, sales for Geely decreased by 6% to 180,622 vehicles compared to 192,796 in April 2025. The new sub-brand, Galaxy, also saw a 6% decline. LYNK & CO experienced an 18% dip in sales, while ZEEKR enjoyed a remarkable increase of 132%, selling 31,787 vehicles.

YTD comparisons show consistent performance challenges for Geely and Galaxy, while LYNK & CO registered a 4% rise despite a rough month. ZEEKR’s strong performance contributed positively to the overall portfolio.

Powertrain Performance

Sales of Battery Electric Vehicles (BEVs) fell to 74,860 units in April, reflecting a 19% decrease year-on-year, while YTD sales decreased by 15%. Conversely, Plug-in Hybrid Electric Vehicles (PHEVs) saw a notable rise, with April sales reaching 60,731 units, up 83% from the previous year, and YTD figures escalating by 67%.

Export Analysis

Export sales soared to 83,186 units in April, a staggering 245% increase year-on-year. For the first four months, total exports reached 286,210 units, increasing by 151% compared to the same span in 2025. This upswing underscores Geely’s strengthening global presence.

Proton’s Performance

Proton, an associate company, sold 17,392 vehicles in April, marking a robust 29% increase year-on-year. Cumulative YTD sales reached 62,093 vehicles, up approximately 21% from the previous year, indicating strong market reception.

Outlook and Considerations

The significant growth in exports and PHEVs presents a largely optimistic outlook for Geely, though mixed brand performance raises some caution. Declining BEV sales and stagnant total group sales might indicate market saturation and intensifying competition.

Investors should note that all figures are unaudited and could be subject to revision. Management announcements were made by Company Secretary David C.Y. Cheung, supported by a board of distinguished executives.

Geely’s sales report reveals growth opportunities amidst challenges, necessitating careful consideration for future investment decisions.

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