Geely Hits One Million Units for EX2 Electric Hatchback
The automaker reached the production milestone for its compact EV just two years after the vehicle first debuted.
Updated on Oct. 20, 2026 in Electric Vehicles
Live Poll
Does the rapid global expansion of electric vehicle brands lead to better options for you?
Geely officially reached the one million unit production milestone for its EX2 electric hatchback on October 20, 2026. The compact vehicle has seen rapid manufacturing scaling since its introduction in late 2024.
Why it matters
The rapid production ramp-up highlights Geely's aggressive push to capture global market share in the affordable electric vehicle sector. By diversifying its manufacturing footprint beyond China, the company is positioning the EX2 to compete in emerging and established automotive markets alike.
The EX2, sold as the Xingyuan in China, starts at 61,800 yuan and offers a maximum CLTC range of 480 km from a 40.16 kWh battery pack. The vehicle features a 58 kW base motor and provides up to 1,320 litres of cargo space with the rear seats folded.
The players
Geely
Geely is a multinational automotive manufacturing company headquartered in Hangzhou, China, that owns several international car brands.
The details
Built on Geely's Global Intelligent Electric Architecture, the EX2 utilizes lithium iron phosphate batteries and an independent multi-link rear suspension. The vehicle is currently assembled in China and at a facility in Purwakarta, Indonesia, with production at Brazil's Ayrton Senna complex expected to start in December 2026.
Timeline
October 2024: The Geely EX2 makes its official debut.
January 2026: Local assembly operations begin in Purwakarta, Indonesia.
March 2026: Cumulative production of the EX2 reaches 600,000 units.
August 2026: Cumulative production of the EX2 reaches 800,000 units.
October 20, 2026: Cumulative production reaches the one million unit milestone.
Roadmap
The EX2's rapid production trajectory reflects the broader industry pivot toward high-volume, cost-effective electric hatchbacks using modular platforms. This success positions Geely to challenge legacy automakers by rapidly scaling shared architectures across diverse global markets.
As production scales globally, consumers in markets including Latin America, Southeast Asia, Australia, and the UK can expect increased local availability of the affordable EX2 model. Potential buyers should monitor regional dealership updates as the company expands its manufacturing footprint outside of China.
The takeaway
The rapid ascent of the EX2 demonstrates how modular platform strategies are enabling automakers to hit massive scale in record time. Buyers in emerging markets should anticipate broader access to competitively priced electric options as these global manufacturing hubs come online.
What happens next
Production of the EX2 is scheduled to commence at the Renault-Geely do Brasil manufacturing site within the Ayrton Senna complex in December 2026.
Further reading
Learn more about the latest industry trends by visiting the Electric Vehicles section.
Live Poll
Does the rapid global expansion of electric vehicle brands lead to better options for you?
