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ZEEKR Intelligent Technology Holding Limited (ZK) Delivers 63,902 Vehicles In November
Yahoo Finance· 2025-12-23 02:33
Group 1 - ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) is recognized as one of the 10 Best EV Stocks to Buy heading into 2026 [1] - In November 2025, ZEEKR delivered a total of 63,902 vehicles, marking a monthly growth of 3.7% and an annual growth of 7.1% [2] - The total user base across all brands reached 2.22 million as of November 2025, with Lynk & Co. delivering 35,059 vehicles and Zeekr delivering 28,843 vehicles during the month [2] Group 2 - For the most recent quarter, ZEEKR delivered 140,195 vehicles, which is a 12.5% increase year-over-year and a 7.1% increase from the previous quarter [3] - The Zeekr brand contributed 52,860 vehicles to the quarterly total, while Lynk & Co. accounted for 87,335 vehicles, with new energy vehicle models making up 72.4% of Lynk & Co.'s third-quarter deliveries [3] - Total revenues for the third quarter of 2025 reached $4,434 million, reflecting a 15.1% increase from the second quarter and a 9.1% increase year-over-year [4]
Zeekr Group Announces Completion of Merger
Prnewswire· 2025-12-22 14:00
Core Viewpoint - Zeekr Intelligent Technology Holding Limited has completed its merger with Keystone Mergersub Limited, becoming a wholly-owned subsidiary of Geely Automobile Holdings Limited and ceasing to be a publicly traded company [1][2]. Group 1: Merger Details - The merger was approved by Zeekr's shareholders on September 15, 2025, and became effective on December 22, 2025 [2]. - Each Zeekr Share has been cancelled in exchange for either US$2.687 in cash or 1.23 newly issued Geely Shares, with similar terms for Zeekr ADS holders [2]. - Hong Kong Non-Professional Investors will receive cash only for their Zeekr Shares and ADSs, without the option for Geely Shares [2]. Group 2: Trading and Reporting Changes - Trading of Zeekr ADSs on the New York Stock Exchange has been suspended effective December 22, 2025, and a Form 25 will be filed to notify the SEC of the delisting [3]. - The company intends to suspend its reporting obligations under the Securities Exchange Act of 1934 by filing a Form 15 with the SEC [3]. Group 3: Advisory and Legal Counsel - Kroll, LLC is serving as the financial advisor to the Special Committee of independent directors, with legal counsel provided by Simpson Thacher & Bartlett LLP and Davis Polk & Wardwell LLP [4]. - Citigroup Global Markets Asia Limited is the financial advisor to Geely, with legal counsel from Latham & Watkins LLP [5]. Group 4: Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating a fully integrated user ecosystem [6]. - The company aims to develop its own software systems, e-powertrain, and electric vehicle supply chain, emphasizing values of equality, diversity, and sustainability [6].
Zeekr Group Announces November 2025 Delivery Update
Prnewswire· 2025-12-01 08:00
Core Insights - Zeekr Group reported a total of 63,902 vehicle deliveries in November 2025, marking a year-over-year increase of 7.1% and a month-over-month increase of 3.7% [2] - The Zeekr brand contributed 28,843 vehicles to the total deliveries, while Lynk & Co accounted for 35,059 vehicles [2] - The company has a cumulative user base of over 2.22 million, reflecting strong market trust and support [2] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group [3] - The company operates two brands, Zeekr and Lynk & Co, and aims to create a fully integrated user ecosystem with a focus on innovation [3] - Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain, emphasizing values of equality, diversity, and sustainability [3]
Zeekr Group Announces October 2025 Delivery Update
Prnewswire· 2025-11-01 05:30
Core Insights - Zeekr Group reported a total of 61,636 vehicle deliveries in October 2025, marking a year-over-year increase of 9.8% and a month-over-month increase of 20.5% [2] - The Zeekr brand delivered 21,423 vehicles, while Lynk & Co delivered 40,213 vehicles, supported by over 2.15 million cumulative users [2] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating a fully integrated user ecosystem [3] - The company is developing its own software systems, e-powertrain, and electric vehicle supply chain, emphasizing values of equality, diversity, and sustainability [3]
Zeekr Group Announces August 2025 Delivery Update
Prnewswire· 2025-09-01 08:00
Core Viewpoint - Zeekr Group reported strong delivery results for August 2025, showcasing growth in vehicle deliveries across its brands, Zeekr and Lynk & Co, driven by a solid user base [2][3]. Delivery Results - In August 2025, Zeekr Group delivered a total of 44,843 vehicles, marking a year-over-year increase of 10.6% and a month-over-month increase of 1.5% [2]. - The Zeekr brand accounted for 17,626 vehicle deliveries, while Lynk & Co delivered 27,217 vehicles [2]. User Base - The delivery achievements were supported by the trust and support of over 2 million cumulative users [2]. Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, with a focus on creating a fully integrated user ecosystem [3]. - The company operates two brands, Lynk & Co and Zeekr, and is committed to innovation, equality, diversity, and sustainability [3]. - Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain to enhance its market position [3].
Zeekr Group Announces June 2025 Delivery Update
Prnewswire· 2025-07-01 08:00
Core Insights - Zeekr Group reported a total delivery of 43,012 vehicles in June 2025, with Zeekr brand contributing 16,702 vehicles and Lynk & Co accounting for 26,310 vehicles [2] - Year-to-date deliveries reached 244,877 vehicles, marking a 14.5% increase compared to the same period last year [2] - The company has a cumulative user base of 1.99 million, reflecting strong market trust and support [2] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group [3] - The company operates two brands, Lynk & Co and Zeekr, and aims to create a fully integrated user ecosystem with a focus on innovation [3] - Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain, emphasizing values of equality, diversity, and sustainability [3]