GEELY AUTO(HK:00175) Zhong Guo Ji Jin Bao·2025-10-24 15:47Core Viewpoint - Geely is accelerating its expansion into the European electric vehicle market, revealing a five-year development plan aimed at establishing a strong presence in the UK and broader Europe [2][4]. Group 1: Market Entry and Strategy - Geely's international EX5 is the first pure electric model launched in the UK, marking a significant milestone in its European strategy [4][5]. - The company aims to achieve annual sales of 100,000 units in the UK by 2030, positioning the UK as a core strategic market in Europe [5][7]. - Geely plans to increase its sales outlets in the UK from 25 to 40 by the end of 2025, and to 100 by the end of 2026, ensuring comprehensive coverage [7][9]. Group 2: Market Growth and Performance - The UK has become the largest market for new energy vehicles in Europe, with pure electric vehicle sales increasing by 34.6% year-on-year in the first half of 2025 [6][9]. - Since 2025, several leading domestic automakers have seen significant increases in their new energy vehicle sales in the UK [6]. Group 3: Future Product Plans - Geely plans to launch 15 new models in Europe over the next five years, aiming to establish over 1,000 sales outlets and become a mainstream automotive brand in the region [9][10]. - The Geely Galaxy brand models are expected to be updated in other major European markets by 2026, with new models like Galaxy Star Wish and Starship 7 set to enter the market [11]. Group 4: Technological and Environmental Focus - Geely emphasizes the importance of technology, quality, and sustainability in the European market, aiming to produce intelligent and sustainable vehicles [12][14]. - The company has invested over 250 billion yuan in R&D over the past 11 years, achieving significant advancements in core technologies [14][15]. - Geely has set a goal to achieve carbon neutrality by 2045, with a 23.5% reduction in carbon emissions per vehicle by mid-2025 [15].