{"id":166936,"date":"2025-05-19T10:51:20","date_gmt":"2025-05-19T08:51:20","guid":{"rendered":"https:\/\/newmobility.news\/?p=166936"},"modified":"2025-05-19T10:51:20","modified_gmt":"2025-05-19T08:51:20","slug":"geely-profits-triple-over-soaring-china-sales","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2025\/05\/19\/geely-profits-triple-over-soaring-china-sales\/","title":{"rendered":"Geely profits triple over soaring China sales"},"content":{"rendered":"<p>The Chinese holding company Geely posted a sharp rise in first-quarter profit. Record sales and cost controls helped the automaker tighten its grip on its fast-moving domestic market. But in the near future, the Chinese car group, which owns Volvo, Polestar, and others, will face mounting export pressures and, consequently, push for a corporate restructuring.<\/p><p>The Hong Kong-listed company, a core pillar of billionaire Li Shufu\u2019s expansive automotive empire, said net income surged to 5.67 billion yuan (\u20ac702 million) in the first three months of the year, more than triple the 1.56 billion yuan (\u20ac193 million) recorded a year earlier. Revenue jumped 25 percent to 72.5 billion yuan (\u20ac8.9 billion), buoyed by strong demand for electric and hybrid models in China.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>The Chinese holding company Geely posted a sharp rise in first-quarter profit. Record sales and cost controls helped the automaker tighten its grip on its fast-moving domestic market. But in the near future, the Chinese car group, which owns Volvo, Polestar, and others, will face mounting export pressures and, consequently, push for a corporate restructuring.The [&hellip;]<\/p>\n","protected":false},"author":715,"featured_media":166937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[77160,16,77169,4],"tags":[],"class_list":["post-166936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-industry","category-market","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=1453%2C968&ssl=1",1453,968,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=300%2C200&ssl=1",300,200,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=640%2C426&ssl=1",640,426,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=640%2C426&ssl=1",640,426,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=1453%2C968&ssl=1",1453,968,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=1453%2C968&ssl=1",1453,968,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=560%2C373&ssl=1",560,373,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=1453%2C240&ssl=1",1453,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=1453%2C180&ssl=1",1453,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=1453%2C180&ssl=1",1453,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?resize=1453%2C180&ssl=1",1453,180,true]},"post_excerpt_stackable_v2":"<p>The Chinese holding company Geely posted a sharp rise in first-quarter profit. Record sales and cost controls helped the automaker tighten its grip on its fast-moving domestic market. But in the near future, the Chinese car group, which owns Volvo, Polestar, and others, will face mounting export pressures and, consequently, push for a corporate restructuring.The Hong Kong-listed company, a core pillar of billionaire Li Shufu\u2019s expansive automotive empire, said net income surged to 5.67 billion yuan (\u20ac702 million) in the first three months of the year, more than triple the 1.56 billion yuan (\u20ac193 million) recorded a year earlier. Revenue&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/china\/\" rel=\"category tag\">China<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/market\/\" rel=\"category tag\">Market<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Geely profits triple over soaring China sales - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2025\/05\/19\/geely-profits-triple-over-soaring-china-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Geely profits triple over soaring China sales - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"The Chinese holding company Geely posted a sharp rise in first-quarter profit. Record sales and cost controls helped the automaker tighten its grip on its fast-moving domestic market. But in the near future, the Chinese car group, which owns Volvo, Polestar, and others, will face mounting export pressures and, consequently, push for a corporate restructuring.The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2025\/05\/19\/geely-profits-triple-over-soaring-china-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-19T08:51:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2025\/05\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1453\" \/>\n\t<meta property=\"og:image:height\" content=\"968\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piet Andries\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piet Andries\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/05\\\/19\\\/geely-profits-triple-over-soaring-china-sales\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/05\\\/19\\\/geely-profits-triple-over-soaring-china-sales\\\/\"},\"author\":{\"name\":\"Piet Andries\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/a5b306e499388c9ea0a3a4f6704d7081\"},\"headline\":\"Geely profits triple over soaring China sales\",\"datePublished\":\"2025-05-19T08:51:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/05\\\/19\\\/geely-profits-triple-over-soaring-china-sales\\\/\"},\"wordCount\":454,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/05\\\/19\\\/geely-profits-triple-over-soaring-china-sales\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/mediaMon-May-19-2025-09_24_49-GMT0200-Midden-Europese-zomertijd.jpg?fit=1453%2C968&ssl=1\",\"articleSection\":[\"China\",\"Industry\",\"Market\",\"Top Stories Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/05\\\/19\\\/geely-profits-triple-over-soaring-china-sales\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/05\\\/19\\\/geely-profits-triple-over-soaring-china-sales\\\/\",\"name\":\"Geely profits triple over soaring China sales - 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