Zeekr Group: Navigating the Electric Future with Sustainability and Growth
May 21, 2025, 7:39 pm
Location: China, Zhejiang, Hangzhou City
Employees: 1001-5000
Founded date: 2021
In the bustling world of electric vehicles (EVs), Zeekr Group stands out like a lighthouse guiding ships through fog. Based in Hangzhou, China, this premium new energy vehicle group is a subsidiary of Geely Holding Group. With a commitment to sustainability and innovation, Zeekr is not just riding the wave of the EV revolution; it’s shaping it.
The company recently released its 2024 Sustainability Report, a document that reflects its dedication to dual carbon management and proactive governance. This report is more than just numbers; it’s a manifesto of Zeekr’s vision for a greener future. The company aims to create a fully integrated user ecosystem, where innovation is the heartbeat of every vehicle.
Zeekr Group operates under two brands: Zeekr and Lynk & Co. Each brand is a thread in the fabric of a larger mission: to redefine mobility. With cutting-edge facilities and a robust supply chain, Zeekr is developing its own software systems and e-powertrains. The values of equality, diversity, and sustainability are woven into the company’s DNA, driving its ambition to become a global leader in new energy mobility.
In the first quarter of 2025, Zeekr Group reported impressive growth figures. Total vehicle deliveries reached 114,011 units, marking a 21.1% increase year-over-year. The Zeekr brand alone delivered 41,403 vehicles, a 25.2% rise from the previous year. Meanwhile, Lynk & Co delivered 72,608 vehicles, achieving an 18.9% increase. These numbers are not just statistics; they are a testament to the growing trust of over 1.9 million users.
Financially, the company is navigating through turbulent waters. In Q1 2025, vehicle sales reached RMB 19,096 million (approximately $2.63 billion), a 16.1% increase from the same period in 2024. However, this figure represents a significant drop of 38.4% from the previous quarter. The gross profit for the quarter was RMB 4,213 million, reflecting an 18.8% increase year-over-year but a decrease of 33.8% from Q4 2024. The gross margin stood at 19.1%, a slight improvement from 16.3% in Q1 2024.
The company’s loss from operations was RMB 1,259 million, a decrease of 25.7% from the previous year. This decline indicates that while Zeekr is still in the red, it is making strides toward profitability. The adjusted net loss was RMB 640 million, a remarkable 66.5% decrease from Q1 2024. These figures suggest that Zeekr is tightening its belt and finding ways to improve its financial health.
Recent developments at Zeekr are akin to a new chapter in a thrilling novel. The launch of the Zeekr 7GT, a high-performance shooting brake, showcases the brand’s commitment to innovation. With a 0-100 km/h acceleration in just 2.95 seconds, this vehicle is designed to capture the hearts of speed enthusiasts. Additionally, the Zeekr 9X, the brand’s first hybrid SUV, debuted at the Shanghai Auto Show, setting new benchmarks in design and performance.
Lynk & Co is also making waves with the launch of the Lynk & Co 900, a spacious six-seater SUV. Built on the SPA Evo platform, this model is equipped with cutting-edge technology, including NVIDIA’s DRIVE AGX Thor computing platform. With over 40,000 pre-orders, it’s clear that consumers are eager for what Lynk & Co has to offer.
The leadership at Zeekr Group is optimistic. The integration of Zeekr and Lynk & Co has expanded their global user base and optimized research and development efforts. This synergy is expected to enhance profitability and redefine premium mobility through technology-driven experiences.
As Zeekr Group sails into the future, it faces challenges and opportunities. The electric vehicle market is competitive, with numerous players vying for dominance. However, Zeekr’s commitment to sustainability and innovation positions it well. The company is not just chasing trends; it is setting them.
In conclusion, Zeekr Group is more than a car manufacturer; it is a pioneer in the electric vehicle landscape. With a focus on sustainability, innovation, and user experience, Zeekr is charting a course toward a greener future. As the world shifts gears toward electric mobility, Zeekr Group is poised to lead the charge, illuminating the path for others to follow. The journey is just beginning, and the road ahead is filled with promise.
The company recently released its 2024 Sustainability Report, a document that reflects its dedication to dual carbon management and proactive governance. This report is more than just numbers; it’s a manifesto of Zeekr’s vision for a greener future. The company aims to create a fully integrated user ecosystem, where innovation is the heartbeat of every vehicle.
Zeekr Group operates under two brands: Zeekr and Lynk & Co. Each brand is a thread in the fabric of a larger mission: to redefine mobility. With cutting-edge facilities and a robust supply chain, Zeekr is developing its own software systems and e-powertrains. The values of equality, diversity, and sustainability are woven into the company’s DNA, driving its ambition to become a global leader in new energy mobility.
In the first quarter of 2025, Zeekr Group reported impressive growth figures. Total vehicle deliveries reached 114,011 units, marking a 21.1% increase year-over-year. The Zeekr brand alone delivered 41,403 vehicles, a 25.2% rise from the previous year. Meanwhile, Lynk & Co delivered 72,608 vehicles, achieving an 18.9% increase. These numbers are not just statistics; they are a testament to the growing trust of over 1.9 million users.
Financially, the company is navigating through turbulent waters. In Q1 2025, vehicle sales reached RMB 19,096 million (approximately $2.63 billion), a 16.1% increase from the same period in 2024. However, this figure represents a significant drop of 38.4% from the previous quarter. The gross profit for the quarter was RMB 4,213 million, reflecting an 18.8% increase year-over-year but a decrease of 33.8% from Q4 2024. The gross margin stood at 19.1%, a slight improvement from 16.3% in Q1 2024.
The company’s loss from operations was RMB 1,259 million, a decrease of 25.7% from the previous year. This decline indicates that while Zeekr is still in the red, it is making strides toward profitability. The adjusted net loss was RMB 640 million, a remarkable 66.5% decrease from Q1 2024. These figures suggest that Zeekr is tightening its belt and finding ways to improve its financial health.
Recent developments at Zeekr are akin to a new chapter in a thrilling novel. The launch of the Zeekr 7GT, a high-performance shooting brake, showcases the brand’s commitment to innovation. With a 0-100 km/h acceleration in just 2.95 seconds, this vehicle is designed to capture the hearts of speed enthusiasts. Additionally, the Zeekr 9X, the brand’s first hybrid SUV, debuted at the Shanghai Auto Show, setting new benchmarks in design and performance.
Lynk & Co is also making waves with the launch of the Lynk & Co 900, a spacious six-seater SUV. Built on the SPA Evo platform, this model is equipped with cutting-edge technology, including NVIDIA’s DRIVE AGX Thor computing platform. With over 40,000 pre-orders, it’s clear that consumers are eager for what Lynk & Co has to offer.
The leadership at Zeekr Group is optimistic. The integration of Zeekr and Lynk & Co has expanded their global user base and optimized research and development efforts. This synergy is expected to enhance profitability and redefine premium mobility through technology-driven experiences.
As Zeekr Group sails into the future, it faces challenges and opportunities. The electric vehicle market is competitive, with numerous players vying for dominance. However, Zeekr’s commitment to sustainability and innovation positions it well. The company is not just chasing trends; it is setting them.
In conclusion, Zeekr Group is more than a car manufacturer; it is a pioneer in the electric vehicle landscape. With a focus on sustainability, innovation, and user experience, Zeekr is charting a course toward a greener future. As the world shifts gears toward electric mobility, Zeekr Group is poised to lead the charge, illuminating the path for others to follow. The journey is just beginning, and the road ahead is filled with promise.