Geely Auto's stock surged 5.02% during intraday trading on Friday, driven by a series of positive developments from the automaker and its premium electric vehicle brand.
The company reported robust sales performance for June, with total vehicle sales reaching 158,849 units according to industry data. A key highlight was the explosive growth in overseas exports, which surpassed 100,000 units for the first time, soaring 157% year-over-year to 102,874 units. This contributed to a record-breaking first-half cumulative sales figure exceeding 1.42 million units.
Adding to the positive sentiment, Geely's subsidiary Zeekr announced it will begin pre-sales for a five-seat version of its flagship 9X SUV on July 8. This expansion of the premium hybrid model's lineup is expected to broaden its customer reach in the competitive luxury vehicle segment. The news comes as Chinese automakers, including Geely, collectively saw their market share in Europe overtake Japanese brands for the first time in May, signaling strong international expansion.