Second largest Chinese electric carmaker enters the Hungarian market next week

A fresh Chinese brand is set to appear on Hungary’s new car market: Geely models will go on sale at dealerships from March to April, according to the local importer, Geely Hungary, which made the announcement on Monday.

Another Chinese car brand in Hungary

By the end of this year, some 10 to 15 franchised dealers are expected to add Geely to their line-ups. Sales will begin with two models, expanding by a further two within the first year, the Hungarian News Agency wrote.

Geely has been present in Hungary since the spring of 2025, via its Farizon light commercial vehicle brand. Geely ranks as China’s second-largest electric vehicle maker, behind BYD.

The Geely holding is expanding apace, having acquired 100 per cent of Volvo Cars, taken stakes in Aston Martin Lagonda, formed a joint venture with Mercedes-Benz to develop the smart brand, and partnered with Renault on powertrain technology.

Plants in America, Belgium, Sweden

The Geely Auto Group oversees several leading marques, including Geely Auto, Lynk & Co, and Zeekr, and serves as the global strategic partner to Malaysia’s national carmaker Proton. It holds a majority stake in the Lotus luxury sports car brand.

Most of Geely’s production sites are in China, though it also has plants in America, Belgium, and Sweden. In the medium term, it plans to establish one or two more facilities in Europe.

In 2025, Geely Auto sold 4.1 million vehicles worldwide—a 26 per cent increase on the previous year—of which 3.2 million were badged as Geely. So-called NEVs (new energy vehicles) accounted for 2.29 million units.

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