Zeekr Group (NYSE: ZK) reported a total of 41,316 vehicle deliveries in April, marking a 1.48 percent increase from the previous month. However, the Zeekr brand specifically experienced a decline in deliveries, with only 13,727 vehicles being delivered in April. This represents a 14.68 percent decrease compared to the same period last year.
On the other hand, Lynk & Co saw a significant growth in deliveries, with 27,589 vehicles being delivered in April. This marks a 47.32 percent year-on-year increase and a 9.08 percent increase from March.
Since Lynk & Co’s integration into the Zeekr Group, the combined deliveries of the two brands have shown an 18.67 percent increase compared to the same period last year. This integration was completed last February, following Zeekr’s acquisition of a 51 percent stake in Lynk & Co.
In the first four months of the year, the Zeekr Group delivered a total of 155,327 vehicles, representing a 20.47 percent increase over the combined deliveries of the two brands in the same period last year. The Zeekr brand delivered 55,130 vehicles, up 12.17 percent year-on-year, while Lynk & Co delivered 100,197 vehicles, up 25.59 percent year-on-year.
Zeekr recently launched the Zeekr 007 GT, a shooting brake-style model, and the Zeekr 9X, the brand’s first hybrid SUV. The Zeekr 007 GT is priced at RMB 202,900 in China and will be launched globally as the Zeekr 7 GT. The Zeekr 9X is scheduled for a global launch in the third quarter of this year.
On the other hand, Lynk & Co introduced its flagship hybrid SUV, the Lynk & Co 900, with a starting price of RMB 309,900 in China. The company is focusing on expanding its offerings to diversify its reach in the market.
Overall, Zeekr Group continues to strengthen its position in the electric vehicle market, with both the Zeekr and Lynk & Co brands contributing to its growth. The company’s strategic acquisitions and new product launches are expected to drive further expansion in the coming months.
