Geely Profit Beats Estimates as Sales Approach Those of BYD

Geely Automobile Holdings Ltd. reported record full-year profit in 2025, surpassing analyst estimates as sales surged, narrowing the gap with China’s top carmaker BYD Co. The company’s financial success was driven by strong demand for its EX2 hatchback and Zeekr SUV models, which gained significant market traction. Geely solidified its position as China’s second-largest carmaker, closing in on BYD’s sales figures amid fierce domestic competition. The profit growth reflects broader trends in China’s automotive market, where electric and hybrid vehicles continue to dominate consumer preference. This performance underscores Geely’s strategic focus on high-demand segments, reinforcing its competitive edge in the evolving EV landscape.