Geely sold 250,161 vehicles in July 2026, with NEVs accounting for 64% of total sales and overseas exports surging 202% YoY to 106,663 units. Changan's overseas deliveries grew for the sixth consecutive month, reaching 82,300 units in July, up 79.1% YoY. Chinese automakers' globalization is accelerating across the board.
Geely July Sales: NEVs Become the Absolute Mainstay
Geely delivered an impressive performance in July, with total sales reaching 250,161 units, marking the fifth consecutive month of both year-on-year and month-on-month growth. The most striking change was the leap in NEV share—July NEV sales hit 160,165 units, accounting for 64% of total sales, signaling that Geely has officially entered a new development phase dominated by new energy vehicles.
From a brand perspective, Geely's foundation remains solid:
- Geely brand (including China Star and Galaxy series): 197,942 units in July
- Geely Galaxy: 107,797 units in July, up 13% YoY; 1-7 cumulative 627,590 units
- China Star: 90,145 units in July, up 15% MoM
- Lynk & Co: 16,382 units in July, with NEVs at 14,069 units, accounting for 86%
- Zeekr: 35,837 units in July, up 111% YoY, hitting a new record
Overseas Market: Geely Exports Double
Geely's July overseas exports reached 106,663 units, surging 202% YoY and setting a new monthly export record. Notably, NEV models accounted for nearly 60% of total exports, demonstrating that global demand for Chinese new energy vehicles is rapidly accelerating.
Geely is also accelerating its overseas footprint. On July 23, Geely announced that its wholly-owned subsidiary Geely SPV reached an agreement with Ford NL to acquire a 34% stake in a Spanish target company for EUR 221 million. The joint venture is expected to commence operations in H1 2027, with Geely planning to produce two NEV models at the Valencia plant, the first vehicle expected to roll off the line in 2028.
| Metric | July 2026 | YoY Change | Key Highlight |
|---|---|---|---|
| Total Sales | 250,161 | 5th consecutive month of double growth | Record high for the period |
| NEV Sales | 160,165 | — | 64% share |
| Overseas Exports | 106,663 | +202% | New monthly record |
| NEV Export Share | ~60% | — | Strong global demand |
| Zeekr Sales | 35,837 | +111% | All-time high |
Changan's Six-Month Overseas Growth Streak
Changan delivered 207,100 vehicles in July, with overseas shipments reaching 82,300 units, up 79.1% YoY. This marks Changan's sixth consecutive month of strong overseas growth, highlighting that its globalization strategy is entering the harvest phase.
Meanwhile, Changan's NEV deliveries climbed to 96,500 units, up 28.8% YoY, reflecting the continued effectiveness of its electrification strategy. Changan's robust overseas growth demonstrates that its products' competitiveness in pricing and technology configuration has gained international recognition.
CATL Boosts Shareholder Returns, Supply Chain Confidence Grows
As the leading power battery manufacturer, CATL announced plans to enhance shareholder returns in July, further solidifying capital market confidence in the new energy vehicle supply chain. Continued optimization of battery costs and global capacity expansion provide solid supply chain support for Chinese automakers' overseas expansion.
Implications for Overseas Buyers
The strong overseas growth of Geely and Changan sends a positive signal to automotive buyers and dealers in emerging markets like Central Asia and Russia:
- Richer product choices: From economy sedans to premium intelligent EVs, Chinese automakers' product portfolios are becoming increasingly comprehensive
- Enhanced technology competitiveness: 800V high-voltage platforms, intelligent driving assistance, and smart cockpits are gradually becoming standard features
- More stable supply chains: Battery companies like CATL, with their global footprint, ensure parts supply for overseas markets
- Sustained price advantage: Leveraging China's mature industrial chain, Chinese NEVs maintain significant cost competitiveness globally
For more information, visit EX1000 for the latest updates on Chinese automakers' global expansion and procurement channels.
