On October 13, GEELY AUTO rose 3.04% in regular trading, trading at HK$15.57 with turnover of HK$990 million.
The move was driven by the group's first-ever collective appearance of its Geely, Lynk & Co, and Zeekr brands at the Paris Motor Show, underscoring a systematic globalization push, coupled with continued positive sentiment from the comprehensive charging and battery-swap strategic partnership between Geely Holding and NIO.
Under the cooperation framework, Geely Holding subscribed for a 30% stake in NIO Energy via Yiyi Internet's 100% equity plus RMB 640 million in cash, while NIO took a 10% stake in Geely's Haohan Energy. The two sides will jointly build unified C-end battery-swap technology and standards, deepening capital and operational ties.
September sales reached 292,168 units, up 7% year-over-year and hitting a new high for the year, with Zeekr deliveries more than doubling to 37,216 units. Multiple brokerages maintained buy or overweight ratings, citing steady recovery in the core vehicle business and high-end overseas expansion prospects.
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