Salem Radio Network News Thursday, January 22, 2026

Business

China’s Geely targets global sales of over 6.5 million vehicles by 2030

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SHANGHAI/BEIJING, Jan 22 (Reuters) – China’s Geely Holding Group said on Thursday that it targets global sales of over 6.5 million vehicles by 2030 when its annual revenue is estimated to top 1 trillion yuan ($143.62 billion).

The closest Chinese rival to BYD is aiming to make the list of the world’s top five automakers and have overseas shipments make up one-third of its total sales by 2030, according to a company statement.

($1 = 6.9627 Chinese yuan renminbi)

(Reporting by Zhang Yan, Qiaoyi Li and Brenda Goh; Editing by Muralikumar Anantharaman)

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