Zeekr Group reports robust vehicle deliveries in March

HANGZHOU, China - ZEEKR Intelligent Technology Holding Limited (NYSE: ZK), a $6.12 billion market cap global leader in premium new energy vehicles, has reported significant delivery figures for March 2025. According to InvestingPro data, the company has demonstrated strong momentum despite recent market volatility, with the stock showing a -7.91% return over the past week. The company, which operates the Zeekr and Lynk & Co brands, announced a combined total of 40,715 vehicles delivered during the month, reflecting substantial year-over-year and month-over-month growth.

The delivery numbers showcase the Zeekr brand’s strong performance with 15,422 vehicles, an 18.5% increase compared to the same period last year and a 9.9% rise from the previous month. Lynk & Co brand also demonstrated notable progress, delivering 25,293 vehicles, marking a 28.6% year-over-year growth. Notably, 56.3% of Lynk & Co’s deliveries were from new energy vehicle (NEV) models.

On March 18, the company introduced the Zeekr G-Pilot, an advanced intelligent driving system outfitted with AI, big data analytics, state-of-the-art System on Chips (SoCs), and robust electrical/electronic (E/E) architecture. This system underscores Zeekr Group’s commitment to innovation in safety and autonomous driving technologies, featuring first-of-their-kind technologies such as the General Automated Evasion System (G-AES) and Full-Capacity Vehicle-to-Parking (V2P) intelligent drive.

Zeekr Group, part of Geely Holding Group and headquartered in Zhejiang, China, continues to focus on creating a complete user ecosystem that prioritizes innovation, equality, diversity, and sustainability. The group’s ambition is to position itself as a leading global provider of new energy mobility solutions. With an overall "GOOD" Financial Health score from InvestingPro, which offers comprehensive research reports and detailed analysis of 1,400+ US stocks, the company shows promise despite current profitability challenges.

The information in this article is based on a press release statement from ZEEKR Intelligent Technology Holding Limited. The press release contains forward-looking statements subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those projected.

In other recent news, Zeka Group announced significant developments in its financial performance and strategic plans. The company reported a 46.9% increase in total revenue for the fourth quarter of 2024, reaching RMB 75.9 billion, primarily driven by a 63% rise in vehicle revenue. Despite this growth, Zeka Group still faced a net loss of RMB 57.9 billion, although this was a 30% improvement from the previous year. The company aims to achieve breakeven under U.S. GAAP by 2025, with ambitious vehicle sales targets and new model launches planned for 2025, including the Zeka Seven GT and Lincoln 900. Analysts from firms like Goldman Sachs and Morgan Stanley have shown interest in Zeka’s breakeven timeline and competitive strategies, noting the company’s plans to leverage technological advancements and brand differentiation. Zeka Group’s strategic focus includes enhancing operational efficiency and expanding its market presence both domestically and internationally. The company is also working on integrating its brands, Zeka and Lincoln Co, to improve cost efficiencies and achieve its financial targets.

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