Geely Unveils 2030 Global Strategy: Over 10 New Energy Models, Targeting Overseas Sales Above One-Third

On April 21, at the 2026 International Business Partners Conference, Geely Auto unveiled its overseas market strategy for 2030. The plan outlines that by 2030, Geely will launch more than 10 new energy vehicle (NEV) models specifically for overseas markets, achieve overseas sales accounting for over one-third of its total sales volume, capture a 5% share of the global automotive market, and establish a brand image recognized for technological leadership. To support this ambition, Geely has set phased sales targets: aiming for total sales of 3.45 million vehicles in 2026, including 640,000 units exported overseas—a 52% increase from the 420,000 units exported in 2025. Internally, Geely has set an even more aggressive target of 750,000 overseas sales for 2026 and plans to surpass one million units the following year. In the first quarter of 2026 alone, Geely’s overseas sales reached 203,000 units, surging 126% year-on-year. Geely also identified three key strategic pillars to accelerate its global expansion: First, positioning Southeast Asia as a strategic hub by leveraging the AHTV Industrial Park in Malaysia to build an integrated “R&D–production–sales–after-sales” base with an annual capacity of 500,000 vehicles, serving the broader ASEAN market. Second, focusing on developed markets such as Europe and North America by utilizing Volvo’s established distribution channels and Renault’s existing footprint in South America to drive large-scale growth in premium segments. Third, adopting a diversified and open approach to internationalization—combining product exports, brand building, resource integration, and technology empowerment—to establish localized operational systems in key markets. Additionally, Geely has set an overarching goal for 2030: achieving global sales exceeding 6.5 million vehicles, with NEVs accounting for approximately 75% of total sales. With its overseas business now entering a phase of rapid growth, Geely is laying a solid foundation for the successful execution of its 2030 strategy.