Record Vehicle Sales and Revenue Growth
ZEEKR Group achieved a total sales of 500,000 vehicles in 2024, with Lynk & Co brand delivering 280,000 units, a nearly 30% year-over-year increase, and ZEEKR brand surpassing 222,000 vehicles, an 87% year-over-year increase. Total vehicle revenue reached RMB55.5 billion, with overall revenue at RMB75.9 billion.
Gross Margin Improvement
In the fourth quarter, vehicle gross margin reached 17.3%, while the full-year vehicle margin was 15.6%. This shows a strong improvement in profitability.
Strategic Integration and Global Expansion
ZEEKR and Lynk & Co successfully completed equity transaction, with a global user base over 1.82 million. The company aims to deliver 710,000 vehicles in 2025 and expand international sales to constitute 10% of total sales.
Launch of New Models
In 2025, ZEEKR brand plans to launch three new models, including ZEEKR 007GT and ZEEKR 9X, while Lynk & Co brand plans two new models. The new models feature advanced technologies, including super electric hybrid technology and Level 3 autonomous driving.