Geely targets 25% cut in vehicle emissions by 2025

Geely Automobile Holdings aims to cut per-vehicle lifecycle emissions by over 25 percent this year compared to the 2020 levels, said the company in its ESG report released on Sunday.

Last year, the Hong Kong-listed carmaker saw its vehicle lifecycle carbon emissions fell 18 percent from 2020.

The achievement was partially thanks to its new energy vehicle sales, which rose 92 percent year-on-year to 888,000 units, supported by a diverse product lineup including the Galaxy E8, Zeekr 009, and Lynk & Co Z10.

The company also expanded its network of sustainable facilities to 12 national-level green factories and 11 "zero-waste" plants, becoming the only automaker among China's first batch of "zero-waste enterprises".

Geely said it accelerated green manufacturing by sourcing over 64 percent of its vehicle plant electricity from renewables and completing zero-carbon factory targets at three sites in 2024.

In supply chains, it boosted recycled material usage in key models and closed material loops for steel and aluminum waste, reducing carbon emissions by around 115,000 tons last year.

Technology innovation has underpinned the push, with launches including the GEA architecture, Thunderbolt EM hybrid system, and AI-powered Flyme Auto cockpit in 2024.

Geely also unveiled its fifth-generation methanol hybrid technology last year, tapping alternative fuels for low-carbon mobility.