ZK

Delivery Results: In March 2025, Zeekr Group delivered a total of 40,715 vehicles across its brands, with Zeekr delivering 15,422 vehicles (up 18.5% year-over-year) and Lynk & Co delivering 25,293 vehicles (up 28.6% year-over-year), highlighting significant growth in the new energy vehicle market.

Technological Advancements: On March 18, Zeekr Group introduced the Zeekr G-Pilot intelligent driving system, featuring advanced technologies such as the General Automated Evasion System (G-AES) and Full-Capacity Vehicle-to-Parking (V2P), reinforcing its leadership in safety and autonomous driving innovation.

Partnership Announcement: Alibaba and BMW have expanded their strategic partnership to integrate Alibaba's Qwen AI model into BMW's upcoming Neue Klasse vehicles, featuring an advanced Intelligent Personal Assistant developed collaboratively by both companies.

Investment in AI Infrastructure: Alibaba is investing over 380 billion yuan ($52 billion) in AI infrastructure over the next three years, while also securing a deal to provide AI technology for Apple's iPhones in China, highlighting the significance of the Chinese market for both companies.

China's Robotics Sector Growth: The rise of robotics in China is driven by an aging population and a labor shortage, prompting companies to automate production. Despite leading in industrial robot installations, most machines are low-tech, but advancements in AI and hardware are pushing the development of more sophisticated humanoid robots.

Challenges and Future Projections: While China's robotics market is expanding with local firms like Unitree Robotics making strides, it faces challenges due to reliance on foreign technology and potential sanctions from the U.S. Analysts predict significant growth in humanoid robot shipments by 2030, but achieving advanced capabilities remains a hurdle.

Financial Performance: ZEEKR Intelligent Technology Holding Limited reported a 39.2% year-on-year increase in fourth-quarter revenue to 22.78 billion Chinese Yuan ($3.12 billion), but this fell short of analyst expectations. The company also saw a significant rise in vehicle deliveries, totaling 79,250 units for the quarter, up 99.8% year-on-year.

Strategic Developments: The company completed the acquisition of a 51% stake in LYNK & CO, purchasing shares from Volvo Car (China) and Geely Holding, which closed on February 14, 2025. Despite these developments, ZK shares dropped by 10.4% to $25.30 following the earnings report.

Annual Report Filing: ZEEKR Intelligent Technology Holding Limited has filed its 2024 annual report with the SEC, which can be accessed on their investor relations website.

Company Overview: Zeekr Group, part of Geely Holding Group, focuses on premium new energy vehicles and aims to create a sustainable user ecosystem through innovation and advanced technology.

Financial Performance: ZEEKR Intelligent Technology Holdings reported a significant increase in vehicle deliveries, up 99.8% year-over-year to 79,250 units in Q4, and narrowed its operational loss by over 50%. The gross margin rose to 19.0%, indicating progress towards profitability.

Future Plans: CEO Andy An emphasized the company's commitment to expanding its product lineup and enhancing competitiveness through AI-driven innovation and global expansion, aiming to lead the premium new energy market.

Geely's Financial Performance: Geely Automobile reported a 213% increase in net profit for 2024, reaching 16.63 billion yuan ($2.30 billion), driven by strong sales and record exports.

Revenue Growth: The company's revenue also saw a significant rise of 34%, totaling 240.19 billion yuan, solidifying its position in China's competitive EV market.

Financial Performance: ZEEKR Intelligent Technology Holding reported a Q4 Non-GAAP EPS of -$0.49, missing expectations by $0.17, with revenue of $3.12B falling short by $70M but showing a 39.2% increase year-over-year.

Vehicle Deliveries: The company achieved total vehicle deliveries of 79,250 units in Q4 2024, marking a significant 99.8% increase from the previous year, alongside vehicle sales reaching $2,644.3 million, an 82.2% rise compared to Q4 2023.

Electric Vehicle Market Growth: Projections indicate that global plugin electric vehicle sales are expected to grow by 30% year-on-year in 2025, reaching approximately 22 million units, primarily driven by factors such as China's auto trade-in subsidies and Europe's CO2 emissions targets.

Analyst Opinions on EV Makers: While Wall Street remains optimistic about Chinese EV brands like BYD and Li Auto, Seeking Alpha analysts express caution. Tesla faces mixed opinions due to CEO Elon Musk's political activities, while Rivian, Lucid, and Polestar receive aligned views from both Seeking Alpha and Wall Street.

Zeekr's Advanced Driver-Assistance Launch: Zeekr Intelligent Tech plans to offer advanced driver-assistance capabilities for free to local customers, utilizing Nvidia's Orin X chips and lidar technology, with a public rollout expected in April 2025.

Market Growth and Competition: The EV market is seeing significant growth, with Zeekr aiming for 320,000 sales in 2025 after selling over 222,000 vehicles in 2024, while competitors like BYD and Tesla are also enhancing their smart driving features.

Zeekr's Autonomous Vehicle Launch: China's Zeekr Group announced the launch of its first Level 3 fully-autonomous electric SUV, the 9X, equipped with advanced G-Pilot technology, set to debut at the Shanghai Auto Show in April.

Competitive Landscape in EV Market: The announcement comes amid a competitive landscape where Chinese automakers are enhancing self-driving features and engaging in price wars, with Zeekr offering advanced driver-assistance capabilities for free to attract customers.

ZEEKR's Driver-Assistance Features: ZEEKR Intelligent Technology plans to offer advanced driver-assistance features for free to local customers in response to competition in the electric vehicle market, particularly against Tesla's Full Self Driving system. The system will allow nearly autonomous driving between pre-set destinations and is set to be publicly available in April after a pilot phase.

Technological Advancements and Market Trends: The driver-assistance system utilizes Nvidia's Orin X chipsets and lidar technology, with future updates expected to include more advanced components. This move aligns with a broader trend in China's EV market, where companies like BYD and XPeng are also heavily investing in similar technologies.

Tesla's Sales Decline: Wells Fargo has lowered Tesla's price target due to a significant drop in European sales, with year-to-date figures showing a 16% decline overall and a staggering 45% decrease in January, raising concerns about the company's growth prospects.

New Model Development: Tesla plans to produce a lower-cost version of its Model Y in Shanghai by 2026 to regain market share, while also collaborating with Baidu to enhance its advanced driving assistance system following customer feedback.

Zeekr's New Luxury Model: Chinese electric vehicle maker Zeekr plans to launch the luxury 9X Grand SUV next month, aiming to attract affluent customers from premium foreign brands like Mercedes-Benz and BMW, with a price tag of approximately $137,840.

Company Performance: Zeekr reported strong vehicle deliveries in February 2025, totaling 31,277 units, and has completed strategic integration with Geely entities.

Zeekr Stock Performance: Zeekr's stock has increased by 11.6%, reaching a price of $30.93.

Vehicle Deliveries and Strategic Moves: The company reported 31,277 vehicle deliveries in February 2025 and completed a strategic integration with Geely entities.

Top Performing Mid-Cap Stocks: Eight mid-cap stocks saw significant gains last week, with TG Therapeutics leading at a 27.75% increase following strong sales results, and Allegro MicroSystems rising 24.26% due to a buyout proposal.

Other Notable Increases: Other notable performers included Sibanye Stillwater (21.63%), Harmony Gold Mining (18.99%), and Bilibili Inc. (18.49%), driven by factors such as gold price strength and overall market conditions.

Delivery Results: Zeekr Group reported a total of 31,277 vehicle deliveries in February 2025, with 14,039 from the Zeekr brand showing significant year-over-year and month-over-month growth.

Acquisition Impact: Following the acquisition of Lynk & Co, Zeekr delivered 17,238 vehicles, marking a 30.5% increase compared to previous years, with nearly half being new energy vehicles (NEVs).

Delivery Results for February 2025: ZEEKR Intelligent Technology reported a total of 31,277 vehicle deliveries in February 2025, with Zeekr brand vehicles increasing by 86.9% year-over-year and Lynk & Co brand vehicles growing by 30.5% following its acquisition.

NEV Model Deliveries: Of the Lynk & Co deliveries, 47.9% were from New Energy Vehicle (NEV) models, indicating a strong shift towards electric vehicle offerings within the brand.

Delivery Results: In February 2025, Zeekr Group delivered a total of 31,277 vehicles, with 14,039 from the Zeekr brand (an 86.9% year-over-year increase) and 17,238 from Lynk & Co (30.5% growth post-acquisition).

Company Overview: Zeekr Group, part of Geely Holding Group, focuses on premium new energy vehicles and aims to create an integrated user ecosystem while emphasizing values of equality, diversity, and sustainability.

Collaboration for Sustainability: ZEEKR and AW Rostamani Group partnered to host the AUS Alumni Reunion, featuring a 'Best Sustainable Idea of the Year' competition that encourages innovative business models for sustainability. The winner received a ZEEKR X electric SUV, aligning with UAE's Vision 2031.

Commitment to Innovation: Both companies emphasized their dedication to fostering innovation and sustainability, with ZEEKR recognized as a Smart Mobility Partner by AUS, highlighting their role in promoting sustainable transportation and empowering future leaders in environmental initiatives.