#China #Hangzhou #electric vehicles #Zeekr Group #Lynk Co

Zeekr Group's Impressive Q2 2025 Financial Results

Zeekr Intelligent Technology Holding Limited, known as Zeekr Group, has recently shared its unaudited financial results for the second quarter of 2025, showcasing strong operational performance in the rapidly evolving new energy vehicle landscape.

Operating Highlights

In the second quarter of 2025, Zeekr Group's total vehicle deliveries reached an impressive 130,866 units. This figure not only represents a notable year-over-year increase of 9.3% but also a quarter-over-quarter surge of 14.8%. Notably, the Zeekr brand contributed 49,337 vehicles to this total, while the Lynk & Co brand led with 81,529 deliveries, with 58.8% of those being new energy vehicles (NEVs).

Financial Performance

On the revenue front, Zeekr reported vehicle sales totaling RMB 22,916 million (approximately US$ 3,199 million), reflecting a slight 2.2% increase from the same quarter last year and a robust 20.0% growth compared to the first quarter of 2025. The vehicle margin also saw improvement, rising to 17.3%, up from 11.5% a year prior and 16.5% in the previous quarter.

• - Total Revenues: RMB 27,431 million (US$ 3,829 million)
• - Gross Profit: RMB 5,656 million (US$ 789 million)
• - Gross Margin: 20.6%

Income from Operations

After struggling with losses in previous quarters, Zeekr reported a significant turnaround with an income from operations of RMB 285 million (US$ 39 million) for Q2 2025, a remarkable contrast to the losses of RMB 2,269 million and RMB 1,259 million recorded in the same quarter last year and the previous quarter, respectively.

Moreover, Zeekr's net loss narrowed to RMB 287 million (US$ 40 million), showing an impressive decrease of 88.8% year-on-year and 62.4% quarter-over-quarter, indicating the company is moving closer to profitability.

Recent Developments

In addition to its financial results, Zeekr announced that it delivered a total of 44,193 vehicles in July 2025, marking a continued upward trend in deliveries. The Zeekr brand specifically delivered 16,977 vehicles, with Lynk & Co delivering 27,216.

Furthermore, Zeekr unveiled its new Super Hybrid Technologies on July 9, 2025, at an event in Wuzhen, demonstrating its commitment to innovation within the market. The introduction of this technology showcases advancements in long-range plug-in hybrids with superior charging capabilities, optimal noise reduction, and remarkable acceleration.

The new Zeekr 9X model debuted is set to launch later this year, equipped with a 70kWh battery pack capable of a 380 km range. This model combines cutting-edge technology with luxurious performance, enhancing the company's appeal in the premium segment.

Outlook

With a robust lineup of vehicles and positive financial indicators, Zeekr Group stands poised to capitalize on the growing demand for new energy vehicles. As the world shifts towards sustainable transportation, Zeekr's commitment to innovation and quality positions the company as a key player in this competitive industry. Investors and industry stakeholders will no doubt keep a close eye on Zeekr's progress as it navigates through 2025 and beyond.

For further information on Zeekr Group's initiatives and financial performance, please visit Zeekr Group Investor Relations.