On August 17, Geely Automobile released its 2020 half-year financial report, with a revenue of 36.82 billion yuan and a net profit of 2.32 billion yuan.
From January to June, Geely’s total sales volume was 530,446 vehicles, ranking fourth in the industry with a market share increasing from 6.51% at the beginning of the year to 6.74%. The Lynk & Co brand has sold over 300,000 vehicles since its launch.
In terms of overseas exports, the cumulative export volume from January to June was 19,573 vehicles. Geely’s Belarus factory ranked second among all brands in the local passenger car market with a sales volume of 4,350 vehicles and a market share of 17.52% in the first half of the year. Baojun’s market share in the first half of the year was 21.2%, a 6.5% increase from the same period last year.
In the first half of the year, Geely launched three new models, ICON, Lynk & Co 05 and the new Haoyue. In the second half of the year, Geely will continue to launch new models such as the Lynk & Co 06, Geometry C, and Geely Preface.
Geely positions the PMA architecture to produce pure electric, high-performance and intelligent connected models, mainly for the Geely and Lynk & Co brands. The PMA architecture includes two basic architectures, PMA1 and PMA2, and PMA1 architecture can be further divided into two sub-architectures according to 5-seat and 7-seat models.
According to the previously exposed information, the first pure electric vehicle based on the PMA platform is expected to have a range of up to 700 km and will be officially unveiled at the Beijing Auto Show in September this year.
In addition, Lynk & Co will launch its 01 PHEV model in Europe in the second half of the year.
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