HANGZHOU, China , Dec. 1, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a global premium electric mobility technology company, today announced its delivery results for November 2024. ZEEKR delivered 27,011 vehicles in November 2024, a 106 % year-over-year increase.
Zeekr's revenue and earnings missed expectations due to intense price competition among Chinese EV makers and a weak consumption environment. The macro-environment in China favors low-cost EVs, making it challenging for premium brands like Zeekr to maintain margins and pricing power. The integration of Lynk & Co. with Zeekr could further pressure profitability, given Lynk's focus on value-seeki...
ZEEKR Intelligent Technology Holding Limited (NYSE:ZK ) Q3 2024 Earnings Conference Call November 14, 2024 7:00 AM ET Company Participants Yuan Jing - CFO An Conghui - Co-Founder & CEO Conference Call Participants Tina Hou - Goldman Sachs Tim Zhao - Morgan Stanley Ming Li - Bank of America Merrill Lynch Bin Wang - Deutsche Bank Jia Lou - BOCI Paul Gong - UBS Eugene Zhao - Macquarie Operator Spe...
HANGZHOU, China , Nov. 14, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a global premium electric mobility technology company, today announced its entry into strategic integration transactions (the "Strategic Integration Transactions") with certain Geely entities, including (i) Zhejiang Geely Holding Group Co., Ltd. ("Geely Holding"), ...
Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said.
HANGZHOU, China , Nov. 14, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a global premium electric mobility technology company, today announced its unaudited financial results for the third quarter ended September 30, 2024. Operating Highlights for the Third Quarter of 2024 Total vehicle deliveries were 55,003 units for the third quarte...
Zeekr's October deliveries surged 92% year on year to 25,049 vehicles, surpassing its previous record from September and bringing 2023's total to nearly 168,000. Xpeng also beat its personal best for a second straight month, delivering 23,917 vehicles in October.
HANGZHOU, China , Oct. 31 , 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a global premium electric mobility technology company, today announced its delivery results for October 2024. ZEEKR delivered 25,049 vehicles in October 2024, a 92% year-over-year increase.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.