Geely Auto posts record H1 2026 revenue as core profit jumps 46%

Geely Automobile Holdings reported a record first half for 2026, with revenue rising 15% year-on-year to 173.6 billion yuan and core profit attributable to owners of the parent climbing 46% to 9.68 billion yuan. Gross margin improved to 17.9%, core profit per vehicle rose 45% to 6,806 yuan, and funding reserves stood at 69.56 billion yuan at June 30. Total vehicle sales reached more than 1.42 million units, supported by nearly 520,000 Geely Galaxy deliveries, more than 580,000 Geely China Star sales, over 178,000 Zeekr vehicles and more than 144,000 Lynk & Co units. Overseas growth remained the standout driver, with exports outside China surging 158% to 474,000 vehicles, exceeding Geely's full-year 2025 export volume and prompting the company to raise its 2026 export target from 640,000 to 920,000 units. For the second half, Geely said it plans to launch the Geely TT in the C-segment AI electric sports sedan market and the Geely Zhanjian 700 in off-road vehicles, while accelerating hybridization of its internal combustion lineup and targeting monthly i-HEV sales above 30,000 units by year-end.

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