Aug deliveries for Zeekr Group increase by 10.61% to 44,843 units, yet the Zeekr brand sees a decrease
In a recent update, Zeekr Group, the parent company of the Zeekr and Lynk & Co brands, revealed their delivery figures for August and the first eight months of the year.
Despite a decline in vehicle deliveries for Zeekr compared to the same period last year, the brand managed to see an increase compared to July. Specifically, Zeekr delivered 44,843 vehicles in August, marking a 10.61 percent year-on-year increase and a 1.47 percent rise from July.
On the other hand, Lynk & Co experienced an increase in vehicle deliveries for August compared to the same period last year, with delivery numbers remaining the same compared to July. The brand delivered 27,217 vehicles in August, up 20.81 percent year-on-year and flat compared to July's 27,216 units. From January to August, Lynk & Co delivered 208,570 vehicles, a year-on-year increase of 22.83 percent.
The data released today shows the delivery figures for Zeekr Group and its brands for August and the period from January to August. Overall, Zeekr Group delivered 333,913 vehicles from January to August, a year-on-year increase of 14.61 percent.
It's worth noting that the Zeekr brand's decline in August deliveries was mainly due to the comparison with an exceptionally strong performance in August 2021. The brand delivered 17,626 vehicles in August, down 2.16 percent year-on-year but up 3.82 percent from July.
Zeekr Group (NYSE: ZK) is the parent company of the Zeekr and Lynk & Co brands. The Zeekr brand commenced pre-sales for its Zeekr 9our X (Twitter) profile large luxury hybrid SUV on August 29. The brand's first hybrid model starts at RMB 479,900 ($67,280) during pre-sales, with the official market launch scheduled for late next month.
The Zeekr 9our X (Twitter) profile is one of four models that Zeekr plans to update this year. The others include the Zeekr 007, 001, and 7our X (Twitter) profile.
In November last year, Zeekr announced a series of transactions that granted it a 51 percent stake in Lynk & Co. On May 7, Geely submitted a non-binding letter of intent to Zeekr for the privatization of the company. Zeekr and Geely formally signed the definitive merger agreement on July 15, with the merger expected to close in the fourth quarter of 2025.
The exchange rate is currently $1 = RMB 7.1329.
However, it's important to note that the brand within the Zeekr Group that increased sales in August by 20.81 percent compared to the previous year is not specified in the provided search results.
In conclusion, while Zeekr showed a decline in August deliveries compared to the same period last year, the brand managed to see an increase compared to July. Lynk & Co, on the other hand, experienced an increase in deliveries for August compared to the same period last year and July. The Zeekr 9our X (Twitter) profile, Zeekr's first hybrid model, is expected to launch later this month.
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