ZEEKR hits delivery milestone of 250,000 vehicles

May 22, 2024

On May 20, ZEEKR, the premium electric vehicle maker under Geely Holding, announced that it has delivered over 250,000 vehicles in a span of 31 months.


Earlier, on January 8 of this year, ZEEKR officially delivered its 200,000th mass-produced car at the Guangzhou Panyu Delivery Center, which was also the first ZEEKR 007 car delivered in South China.


Looking back at April, ZEEKR delivered 16,089 vehicles, a year-on-year spike of 99% and a month-on-month jump of 24%. From January to April this year, ZEEKR's total deliveries reached 49,148 vehicles.


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Currently, ZEEKR has five models on sale, namely, the ZEEKR X, the ZEEKR 001, the ZEEKR 001 FR, the ZEEKR 009, and the ZEEKR 007.


In February this year, the all-new ZEEKR 001 hit the market with four trim levels priced between 269,000 yuan and 329,000 RMB. In April, ZEEKR introduced the ZEEKR 007 Rear-Wheel Drive Enhanced Edition, priced at 209,900 yuan.


Additionally, the ZEEKR 009 Grand went on sale in late April, priced at 789,000 yuan. It's noteworthy that the ZEEKR MIX model hit the market in the second half of this year.


On the evening of May 10 (Beijing time), ZEEKR officially commenced trading on the New York Stock Exchange (NYSE), listed under the ticker symbol "ZK". Due to oversubscription, ZEEKR increased the size of its initial public offering (IPO), issuing 21 million American Depositary Shares (ADSs) priced at $21 each. Each ADS represents 10 ordinary shares, thereby raising approximately $441 million. If the underwriters exercise their option to purchase additional shares, the issuance could increase to 24.15 million ADSs, raising approximately $507 million.