Geely is setting an unusually bold marker for the rest of the decade, with a stated goal of exceeding 6.5 million vehicle sales a year by 2030 and pushing into the top five automakers worldwide, as per Reuters. The plan also calls for revenue above RMB 1 trillion (143,614,000,000 USD) annually and a lineup that tilts heavily toward electrification, a clear signal that Geely sees scale and new energy vehicles as the only way to compete in a market where Chinese brands are expanding fast.
The 2030 Targets And What They Show
The headline target is more than 6.5 million annual sales across passenger and commercial vehicles by 2030, paired with a revenue goal above RMB 1 trillion (143,614,000,000 USD).
Just as important is the mix shift, with new energy vehicles targeted to make up about 75 percent of total sales by the end of the decade. Geely is also aiming for overseas markets to account for more than one third of its total volume, which turns international expansion into a core requirement.
How Geely Plans To Build Scale Faster
Geely says the route to that volume runs through fewer architectures, shorter development cycles, and lower cost per model. The company is talking about world class new energy vehicle platforms that can span multiple vehicle sizes, and it is targeting more than a 30 percent reduction in overall cost per model while also cutting average research and development cycle time.
This approach is designed to make product launches faster and manufacturing more efficient, which matters when price pressure is intense and buyers are comparing features and tech across a growing list of new brands. If Geely executes, the company is effectively betting that speed and cost discipline will create enough room to compete globally while keeping margins intact.
Why It Matters Outside China
Geely already has a wide footprint through its brands and partnerships, and its technology sharing strategy is part of how it expects to scale without reinventing everything for each badge. That model is increasingly visible in products tied to Geely’s ecosystem, and the broader implication is that Chinese automakers are no longer just exporting cars, they are exporting development speed and cost structure, which reinforces the idea that your next car could be Chinese.
