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Zeekr

PrivateFounded 2021🇨🇳Ningbo, ChinaCEO Gan Jiayue (Chairman & legal representative, Zhejiang Zeekr Intelligent Technology; also CEO of Geely Auto Group)

Zeekr is Geely's premium, technology-led EV brand, founded in March 2021 in Ningbo. After Geely's August 2026 leadership reshuffle, Gan Jiayue is chairman and legal representative of Zhejiang Zeekr Intelligent Technology as well as CEO of Geely Auto Group.

Latest update Oct 19, 2026

01

Overview

In December 2025 Geely completed a ~$2.4B take-private, delisting Zeekr from the NYSE (former ticker ZK) and making it a 100%-owned subsidiary of Geely Automobile Holdings; earlier, in February 2025, Zeekr absorbed Lynk & Co (holding 51%) to form Zeekr Technology Group, a two-brand premium group targeting ~1M annual sales. The Zeekr brand delivered 224,133 vehicles in 2025, and momentum kept accelerating in 2026 - a sixth straight monthly record of 37,216 deliveries in September (+103.85% YoY, +0.64% MoM) brought year-to-date deliveries to 288,404 (+100.84% YoY) and cumulative deliveries to 931,293. The lineup spans a BEV shooting brake (001), a compact SUV (X), sedans (007/007 GT), MPVs (009, Mix), a mid-size SUV (7X) and PHEV flagships (9X, launched September 2025, and 8X, launched April 17, 2026 to 10,000 firm orders within 30 minutes); the 9X and 8X PHEVs were the main drivers of the 2026 records. Zeekr differentiates on in-house tech - its 800V 'Golden Battery' (the world's first mass-produced 800V LFP ultra-fast-charge cell) and a new 900V SiC architecture across refreshed models, plus G-Pilot ADAS - and its international footprint keeps widening: already active in Australia and Mexico since 2024, the 007 GT is now sold across 16 European countries, the 9X made its live-streamed European debut on July 29, 2026, European orders opened in September at 119,500 euros in Germany and France for the six-seat Ultra AWD (Belgium 121,000 euros, Netherlands 123,000 euros) with customer deliveries from December 2026 through March 2027, the 7GT started sales in Israel on September 6, 2026, AutoWallis is set to launch Zeekr in Austria and Poland in Q4 2026, and both the 9X and 8X are confirmed for Australia before year-end. Financially, Zeekr turned profitable for the first time in Q4 2025 - after Q3 2025 revenue of RMB31.56B (+9.1% YoY) at a 19.2% gross margin with net loss down ~85% YoY (its last standalone quarterly report before the December 2025 NYSE delisting folded Zeekr's financials into Geely Automobile Holdings), the brand's Q4 turn lifted Geely's FY2025 core net profit margin by roughly 0.8 percentage points as group core net profit rose 36% to RMB14.41B on record revenue of RMB345.23B; Geely's momentum continued through H1 2026, with the Zeekr brand's own revenue more than doubling YoY to over RMB55B on 178,370 deliveries (the 8X and 9X becoming the best-selling China PHEV SUV in the RMB300,000-500,000 segment and the best-selling passenger vehicle above RMB500,000 respectively), while the Geely group posted a first-half-record RMB173.6B revenue (+15% YoY) and RMB9.68B core net profit (+46% YoY).

ithome.comUpdated Oct 3, 2026

02

What's next8

  1. 2026

    Complete the Lynk & Co integration synergies

    Following the December 2025 Geely take-private, Zeekr Technology Group is realizing measurable synergies from combining Zeekr and Lynk & Co: 2025 administrative, R&D and sales expense ratios fell 17.1%, 13.5% and 0.7% respectively, and Zeekr itself turned profitable for the first time in Q4 2025, then more than doubled its H1 2026 revenue to over RMB55B. But the combined group's growth is uneven - Lynk & Co's H1 2026 deliveries fell 6.44% YoY to 144,215 (65% NEV penetration) even as Zeekr's nearly doubled to 178,370 - so realizing the full targeted 10-20% R&D and 5-8% procurement savings while reigniting Lynk & Co's own sales momentum remains an open task through the rest of 2026.

  2. Late 2026

    Bring the 9X and 8X to Australia; grow Latin America presence

    Zeekr, already selling in Australia (entered October 2024 with the X and 009) and Mexico (entered July 2024 with the 001 and X), has confirmed the 9X, 8X and 7GT (007 GT) for Australia with a local debut targeted before the end of 2026, though order backlogs in China could push arrival into early 2027; it continues building out its Latin American dealer network (targeting 25 Mexico dealerships by 2026) under Geely's broader premium-export push.

  3. Q4 2026 - Q1 2027

    Expand the Zeekr 8X into overseas markets

    Having launched domestically in China on April 17, 2026, the 8X is being fast-tracked for export alongside the 9X, part of Geely's broader 2026 target of 640,000 overseas group sales. Reporting on the 9X's export cadence (Middle East from June 2026, Central Asia in Q3, official 9X export start reported in August) indicates the 8X's own overseas rollout is still expected to begin in Q4 2026 and continue into Q1 2027; no specific overseas launch market, price, or date had been announced as of September 20, 2026.

  4. Q4 2026 - Q1 2027

    Name the first overseas launch market for the Zeekr 8X

  5. Dec 2026

    Begin Zeekr 9X deliveries in Europe

    The 9X's overseas rollout is staged by region: CnEVPost reported exports officially began in August 2026 after Middle East and Central Asia windows. Europe is next: Zeekr France priced the six-seat Ultra AWD at 119,500 euros on September 8, 2026, with orders open and first deliveries from December 2026. Broader European customer deliveries run through March 2027. AutoWallis's corrected September 11, 2026 filing says it will launch Zeekr in Austria (solo) and Poland (with Salvador Caetano) in Q4 2026 with five opening models: 001, X, 7X, 9X and 7GT (the 8X was dropped from the first-day list).

Target date passed, awaiting update · 1

  1. Oct 12, 2026

    Debut the European lineup at the Paris Motor Show

    Zeekr is listed as an OEM exhibitor in Hall 5.2 at the Mondial de l'Auto from October 12-18, 2026, its Paris Motor Show debut. The show page says it will display the 001, X, 7X and 7GT and unveil two new models, a dated European showcase for the same Super Hybrid 9X that is already on sale in France from 119,500 euros with deliveries from December.

03

Latest news11

  1. Zeekr delivers 37,216 vehicles in September, a sixth monthly record

    Zeekr said on Oct. 1 that it delivered 37,216 vehicles in September, up 103.85% from a year earlier and 0.64% from August, its sixth straight monthly record. Xinhua Finance and IT Home said the brand has now posted year-on-year and month-on-month growth for eight consecutive months, with 288,404 deliveries in the first nine months, up 100.84%. CnEVPost put flagship 9X deliveries at 7,225 in September as five-seat production ramped.

    www.ithome.com www.cnfin.com cnevpost.com

  2. Geely says Zeekr 001 hit 10-70% in 4.5 minutes at 2,250 kW

    Geely Auto Group, Zeekr's untracked parent, said in Ningbo on Sept. 23 that its fifth-generation Smart Charging Station peaks at 2,250 kW and that the battery used in the Lynk & Co 10 and Zeekr 001 charged from 10% to 70% in 4 minutes 30 seconds and to 97% in 8 minutes 40 seconds in real-world tests. Geely attributed the 12C Shendun Golden Battery result to its Xingrui PowerMind energy model and claimed lithium-ion pulse restoration plus AI charging management can raise cycle life by 20%; Electrek flagged that figure as a company best case. Zeekr itself did not issue a separate confirmation.

    newsroom.geely.com electrek.co

  3. China clears CATL equity deal for Chongqing Yaoning

    China's State Administration for Market Regulation listed CATL's acquisition of equity in Chongqing Yaoning New Energy Technology as unconditionally approved, with the review closed on September 3 and the case list published September 11. The parties named are CATL and Zeekr Automobile (Shanghai); stake size and price were not disclosed. Plant-level reporting puts Yaoning at about RMB 8.5 billion of investment with 30 GWh of planned annual capacity, an 18 GWh first phase under construction, trial production targeted for December 2026, and full production in the first quarter of 2027.

    SAMR ChinaEVHome + CATL

  4. Zeekr produces its 200,000th 7X SUV

    Zeekr rolled the 200,000th 7X electric SUV off the line on September 8, 2026, two years after the first batch left production on September 16, 2024. The milestone is production, not deliveries: cumulative global 7X deliveries had approached 180,000 by the end of July. A 2027 model-year 7X is due in the fourth quarter with an 85 kWh Golden Brick battery option.

    Gasgoo CarNewsChina

  5. Zeekr starts 7GT sales in Israel

    Zeekr launched sales of the 7GT electric shooting brake in Israel on September 6, 2026, at a Tel Aviv event hosted by importer Geo Mobility. The model, sold in China as the 007 GT, offers 75 kWh or 100 kWh batteries, a claimed range of up to 655 km, a 210 km/h top speed, 0-100 km/h in 3.4 seconds on the performance trim, and 10-80% charging in 11 to 15 minutes. Zeekr ranked sixth in Israeli EV sales in the first eight months of 2026 with 1,466 deliveries, according to the Israel Vehicle Importers Association.

    Xinhua Auto.co.il

04

Products8

05

Key metrics

Employees
~17,400 (end-2024)
Est. annual revenue

Zeekr brand revenue more than doubled YoY to over RMB55B (~$7.7B) in H1 2026 on 178,370 deliveries (~12.5% of Geely group volume) - Zeekr's last standalone quarterly report was RMB31.56B (~$4.43B) in Q3 2025 before financials folded into Geely Automobile Holdings. Geely group H1 2026 revenue hit a first-half record RMB173.6B (+15% YoY) with core net profit up 46% to RMB9.68B, following FY2025 group revenue of RMB345.23B (+25% YoY) and core net profit of RMB14.41B (+36% YoY)

Cumulative Deliveries
894,077

(end-August 2026); passed 800,000 on June 16, 2026

2025 Brand Deliveries
224,133 (+0.9% YoY)
Record Monthly Deliveries
36,981

(August 2026, +109.81% YoY, +3.19% MoM, 5th straight monthly record); YTD through August 251,188 (+100.40% YoY). September 2026 deliveries had not been reported as of Sept 20.

Q3 2025 Revenue
RMB31.56B

(~$4.43B, +9.1% YoY) - Zeekr's last standalone quarterly report before the Dec 2025 delisting folded results into Geely Automobile Holdings

Q3 2025 Gross Margin
19.2% (net loss cut ~85% YoY)
Q4 2025 Profitability Milestone
Zeekr's first-ever profitable quarter

contributed ~0.8pp to Geely Automobile Holdings' FY2025 core net profit margin (group core net profit +36% YoY to RMB14.41B on RMB345.23B revenue)

H1 2026 Revenue & Deliveries

Revenue more than doubled YoY to over RMB55B (~$7.7B); deliveries nearly doubled to 178,370 (~12.5% of Geely group volume, up from 100,000 in Q2 vs. 77,000 in Q1); Q3 2026 group results not yet reported as of Sept 20, 2026

9X UAE shipment and pricing

Volume shipments began 22 Sep 2026 from Fuzhou Jiangyin. UAE Ultra/Hyper/Obsidian 369,900 / 409,900 / 439,900 dirhams. Cumulative 9X deliveries 76,949 through August (54,881 YTD 2026).

September 2026 brand deliveries
37,216

(+103.85% YoY, +0.64% MoM, 6th monthly record); YTD 288,404 (+100.84% YoY); 9X 7,225 in September per CnEVPost

Cumulative deliveries through September 2026
931,293 since 2021 start of deliveries

YTD 288,404 (+100.84% YoY); September 37,216 and 9X 7,225

06

Operations & revenue

Operating status

Operational

September 2026 brand deliveries were 37,216, up 103.85% year on year and 0.64% from August, a sixth monthly record, with 288,404 year-to-date and 931,293 cumulative. After Geely Holding's 28 Sep NIO Power consumer-swap plans, Zeekr said on the evening of 29 Sep it has no plans to develop battery-swap models and will stay on ultra-fast-charge BEVs and Haohan super hybrids. No first overseas launch market, price, or date has been named for the 8X; Gan Jiayue's April sequence still only times an overseas start in Q4 2026 into Q1 2027.

Revenue streams

  • Vehicle Sales

    Premium BEVs and PHEVs (001, 007, 009, X, 7X, Mix, 8X, 9X) - the primary revenue source (Q3 2025 vehicle margin 15.6%).

  • Batteries, Powertrains & Technology

    In-house 800V 'Golden Battery' packs, e-drive and SEA architecture, and R&D services supplied within the Geely group.

  • Robotaxi & Services

    Purpose-built autonomous vehicles for Waymo - the Zeekr-built robotaxi (formerly badged Zeekr RT), rebranded 'Ojai' at CES 2026 ahead of its commercial rollout - plus after-sales, services and G-Pilot ADAS.

07

Track record

How past announced dates turned out.

2/2announced dates hit on time

  • 2 Hit
  • 0 Slipped
  • 0 Missed
  1. Hit

    Bring the Zeekr 9X to Europe

    Target Q4 2026 · Resolved Jul 29, 2026

    Zeekr live-streamed the 9X's European debut in Amsterdam on July 29, 2026, a Super Hybrid variant with up to 897 hp and 737 km combined range designed at its Gothenburg studio - roughly a quarter ahead of the originally targeted Q4 2026 entry. European pre-orders open in the coming months with deliveries expected to begin around late December 2026; European 9X deliveries have been added as a new nextSteps entry.

  2. Hit

    Launch the Zeekr 8X and expand its export lineup

    Target Late 2026 · Resolved Apr 17, 2026

    Zeekr launched the 8X domestically in China on April 17, 2026 - well ahead of the previously recorded 'late 2026' framing - as a tri-motor 900V PHEV SUV with up to 1,030 kW, drawing 10,000 firm orders within 30 minutes. Geely Auto Group CEO Gan Jiayue said the 8X and 9X are being fast-tracked for overseas markets as early as Q3 2026; that overseas rollout remains upcoming and has been re-added to nextSteps.

08

Timeline22

  1. 2026

    1. Zeekr says it has no battery-swap models after Geely-NIO deal

      After Geely Holding and NIO announced on 28 Sep 2026 that they would co-develop unified consumer battery-swap technologies and standards, with Geely Holding to develop consumer-facing swappable models and NIO Power to serve them, Zeekr said on the evening of 29 Sep that it has no plans to develop battery-swap models. IT Home and Phoenix Auto quoted the brand as staying on ultra-fast-charge BEVs and Haohan super hybrids. Neither Geely nor NIO named a Zeekr vehicle, a swap standard, or a date.

    2. September deliveries reach 37,216, a sixth monthly record

      On Oct. 1, 2026 Zeekr said it delivered 37,216 vehicles in September, up 103.85% year on year and 0.64% from August, a sixth consecutive monthly record. Xinhua Finance and IT Home said year-on-year and month-on-month growth has now run eight months, with 288,404 deliveries in January-September, up 100.84%. CnEVPost reported 7,225 9X deliveries in September as five-seat output ramped.

    3. Geely 2,250 kW station tested on Zeekr 001

      Geely Auto Group on September 23, 2026 in Ningbo rated its fifth-generation Smart Charging Station at 2,250 kW peak. In Geely's own tests a Shendun Golden Battery in a Zeekr 001 and a Lynk & Co 10 went from 10 percent to 70 percent in 4 minutes 30 seconds and from 10 percent to 97 percent in 8 minutes 40 seconds. Those times are manufacturer tests, not an independent protocol. Geely did not publish a station-rollout target.

    4. Volume 9X shipments to the UAE begin

      Zeekr began volume shipments of the 9X to the UAE from Fuzhou Port's Jiangyin area on 22 Sep 2026. CnEVPost, citing Zeekr's Weibo post, said the company did not disclose shipment volume. It reported UAE Ultra, Hyper and Obsidian prices of 369,900, 409,900 and 439,900 dirhams, with the local site stating new-order deliveries from December 2026. Zigwheels, citing manufacturing head Zhao Chunlin, said more than 700 UAE pre-orders and first customer deliveries in October. This is a shipment and pricing event, not a confirmed customer handover. CnEVPost compiled 9X deliveries of 54,881 in the first eight months of 2026 and 76,949 cumulative since launch.

    5. Parent Geely cites Zeekr 001 in 2,250 kW charging test

      Geely Auto Group said on Sept. 23, 2026 that its fifth-generation Smart Charging Station peaks at 2,250 kW and that the battery used in the Lynk & Co 10 and Zeekr 001 charged from 10% to 70% in 4 minutes 30 seconds and to 97% in 8 minutes 40 seconds in real-world tests. Geely said the Shendun Golden Battery supports 12C and claimed AI charging plus lithium-ion pulse restoration can raise cycle life by 20%. Zeekr did not issue a separate confirmation.

    6. 9X Europe priced from €119,500; orders open

      Zeekr opened European orders for the 9X six-seat Ultra AWD at €119,500 in Germany and France (Belgium €121,000, Netherlands €123,000; Black Line €126,500 in Germany), nearly double the 485,900 yuan Chinese Ultra list. Customer deliveries are scheduled from December 2026 through March 2027. The European car is a dual-motor 660 kW / 897 hp Super Hybrid with a 55.1 kWh battery; Zeekr listed up to 179 km electric and 737 km combined range as preliminary figures still pending final homologation. French order books opened around the Antibes Yacht Club showing (September 17-21) and the Monaco Yacht Show (September 23-26).

    7. Named as party in CATL Chongqing Yaoning SAMR clearance

      China's State Administration for Market Regulation listed CATL's acquisition of equity in Chongqing Yaoning New Energy Technology as unconditionally approved, with the review closed on September 3, 2026. The parties named are CATL and Zeekr Automobile (Shanghai); stake size and price were not disclosed. Plant-level reporting puts the former Geely-linked Yaoning plant at about RMB 8.5 billion of investment with 30 GWh of planned annual capacity and an 18 GWh first phase targeting trial production in December 2026.

    8. 200,000th Zeekr 7X rolls off the line

      Zeekr produced the 200,000th 7X electric SUV on September 8, 2026, two years after the first batch left the line on September 16, 2024. The figure is production, not deliveries: cumulative global 7X deliveries had approached 180,000 by the end of July 2026. A 2027 model-year 7X is due in Q4 2026 with an 85 kWh Golden Brick battery option.

09

Funding

$3.6Bdisclosed across 3 rounds with a stated amount

Cumulative disclosed raise · dated rounds

$2B$4B2023202420252026$3.6B raised
  1. Series A

    February 2023

    ~$750M

    CATL, Intel Capital, Cathay Fund and others (~$13B valuation)

  2. IPO (NYSE)

    May 2024

    ~$441M

    Public offering (NYSE: ZK); ~$5.13B valuation

  3. Take-Private (delisting)

    December 2025

    ~$2.4B

    Geely Automobile Holdings (stake to 100%)

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