Zeekr, a leading Chinese electric vehicle (EV) maker listed on the NYSE under the ticker symbol ZK, recently made a significant move by entering the Egyptian automotive market. The company unveiled two new models, the Zeekr 001 shooting brake and the Zeekr X compact SUV, during a launch event in Cairo, Egypt’s capital city, on February 11.
The Zeekr 001 shooting brake comes with a starting price of 2.7 million Egyptian pounds ($53,350) in Egypt, while the Zeekr X compact SUV is priced at 2.1 million Egyptian pounds. These models are part of Zeekr’s global expansion strategy, as the company aims to tap into the growing demand for electric vehicles in emerging markets.
Notably, Egypt is the second largest EV market in Africa, making it a strategic choice for Zeekr’s entry into the continent. The company’s decision to launch in Egypt marks a significant milestone in its international expansion efforts. With plans to expand its sales network to other Egyptian cities such as Alexandria and New Cairo, Zeekr is poised to capitalize on the increasing interest in EVs in the region.
The Zeekr 001, which was originally introduced in China in April 2021, has garnered attention for its sleek design and advanced features. Similarly, the Zeekr X, first launched in China in April 2023, has been well-received for its compact size and impressive performance. With competitive pricing and innovative technology, these models are expected to appeal to Egyptian consumers looking for sustainable transportation options.
In addition to its entry into the Egyptian market, Zeekr has been actively expanding its presence in other international markets. The company has already entered more than 40 mainstream markets worldwide, showcasing its commitment to global growth. Despite a slight decline in deliveries in January 2025, Zeekr remains a key player in the EV industry, with a cumulative delivery figure of 430,698 units by the end of the month.
As Zeekr continues to introduce new models and expand its global footprint, the company is well-positioned to capitalize on the growing demand for electric vehicles around the world. With a focus on innovation, sustainability, and customer satisfaction, Zeekr is setting the stage for a successful future in the automotive industry.
