Despite a 3 percent slip in sales last year, Geely Auto retained its position as the country’s best-selling local passenger vehicle maker, a title it has held since 2017.
The carmaker delivered 1.32 million Geely and Lynk & Co-branded vehicles in 2020, down from 1.36 million in 2019, primarily because of the COVID-19 pandemic.
It exported 72,700 vehicles last year, up 25.3 percent from 2019. Geely’s high-end arm, Lynk & Co, entered the European market in October. The first showroom opened in Amsterdam, the Netherlands.
Co-developed and owned by Geely and Volvo, Lynk & Co delivered 400,000 vehicles by the end of 2020 since its first model hit the market in late 2017.
Geely sold its 10 millionth vehicle in 2020, becoming the first Chinese brand to hit the milestone.
The carmaker said it is planning to launch a variety of new models this year. It has set a sales goal of 1.53 million, up 16 percent from 2020.