GEELY AUTO(HK:00175) Di Yi Cai Jing·2025-09-27 16:26Core Insights - Traditional automakers are transitioning from fuel vehicles to new energy vehicles (NEVs) and are now focusing on smart technology integration [1][2] - Lynk & Co has launched two new plug-in hybrid models, the Lynk & Co 07 EM-P and Lynk & Co 08 EM-P, increasing its NEV offerings to 8 out of 13 models, representing over 60% of its lineup [1] - The sales of Lynk & Co's NEVs accounted for 70% of total sales in August 2023, with expectations to rise to at least 75% and potentially 80% following the new launches [1][2] NEV Sales Performance - Lynk & Co's NEV sales are projected to exceed 58% of total sales in 2024, up from 55.3% in 2023 [1] - The Lynk & Co 900 and Lynk & Co 10 EM-P contributed over 10,000 units in sales in August 2023 [1] Smart Technology Focus - Lynk & Co aims to improve its smart driving capabilities, particularly in driver assistance systems, which have received customer complaints [2] - The newly launched models will feature higher-tier smart driving systems (H5 and H7) instead of lower-tier options, with plans for further upgrades by the end of the year [2] - The company acknowledges that investing in smart technology may reduce profitability in the short term but is crucial for long-term brand positioning in a competitive market [2]