China's Geely Holding targets over 5 million units of annual sales by 2027 By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
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Should l Buy ?
Source: Investing.com
Geely's Sales Goals: Geely Holding Group aims to sell over 5 million vehicles annually by 2027, representing a 79% increase from its 2023 sales of 2.79 million units, with a focus on consolidating brands and improving efficiency.
Strategic Restructuring: The company plans to merge its passenger car brands into two main units, Geely Auto and Zeekr Technology, while enhancing R&D alignment across key technologies to streamline operations and reduce redundant investments.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
