ZEEKR Group Reports Strong Q1 2025 Performance

ZEEKR Intelligent Technology Holding Limited Sponsored ADR ( (ZK) ) has released its Q1 earnings. Here is a breakdown of the information ZEEKR Intelligent Technology Holding Limited Sponsored ADR presented to its investors.

ZEEKR Intelligent Technology Holding Limited, a leading premium new energy vehicle group, is known for its innovative approach in the automotive industry, focusing on developing electric vehicles and creating a comprehensive user ecosystem. In its first quarter of 2025, ZEEKR Group reported a significant increase in vehicle deliveries, with a total of 114,011 units, marking a 21.1% year-over-year growth. The Zeekr brand alone saw a 25.2% increase in deliveries, while Lynk & Co achieved an 18.9% rise, with over half of its deliveries being new energy vehicles.

Financially, the company reported vehicle sales of RMB19,096 million, a 16.1% increase from the previous year, although there was a decrease compared to the last quarter of 2024. The gross margin improved to 19.1%, up from 16.3% the previous year, indicating better profitability despite a net loss of RMB763 million, which was a significant improvement from the previous year’s loss.

Strategically, ZEEKR Group launched new models, including the Zeekr 7GT and the Zeekr 9X, aiming to strengthen its position in the global market. The company also began deliveries of the Lynk & Co 900, which has already received substantial pre-orders. These launches are expected to enhance the brand’s market presence and drive future growth.

Looking ahead, ZEEKR Group’s management remains optimistic, focusing on further integrating its brands and leveraging technological advancements to maintain its leadership in the premium new energy vehicle sector. The company aims to continue enhancing profitability and delivering value to shareholders through strategic initiatives and resource optimization.