Zeekr Group delivered 140,195 vehicles in the third quarter, up 12.51 percent year-on-year. Zeekr is currently undergoing privatization by Geely, a process expected to conclude this quarter.
Zeekr Group (NYSE: ZK) reported its third-quarter unaudited financial results ahead of the US market open on Monday, November 17, the electric vehicle (EV) maker announced today.
Similar to the second-quarter earnings call, Zeekr Group will not host an analyst conference call.
The group – which includes brands Zeekr and Lynk & Co – delivered 140,195 vehicles in the third quarter, representing a 12.51 percent increase year-on-year and a 7.13 percent increase from the second quarter, according to data compiled by CnEVPost.
The Zeekr brand delivered 52,860 vehicles in the third quarter, down 3.90 percent year-on-year but up 7.14 percent quarter-on-quarter.
Lynk & Co. delivered 87,335 vehicles in the third quarter, up 25.48 percent year-on-year and 7.12 percent quarter-on-quarter.
Zeekr listed on the New York Stock Exchange in May 2024. Earlier this year, it announced a series of transactions that merged Lynk & Co, followed by Geely announcing its privatization, which is expected to be completed in the fourth quarter.
The Zeekr brand has been ramping up its new product launches over the past two months, launching the Zeekr 9X hybrid large SUV (sport utility vehicle) on September 29 – the brand’s first hybrid model.
On October 11, Zeekr launched the updated Zeekr 001 Brake, bringing significant spec upgrades to one of its base models.
Earlier today, the brand began pre-sales of its Zeekr 7X SUV family, which is built on a 900V high-voltage architecture, representing a further upgrade from its predecessor’s 800V platform.
The Zeekr 9X represents Zeekr’s first hybrid model and is one of the most expensive vehicles from a local automaker in the Chinese market.
