Geely's Zeekr aims to double its EV deliveries in 2024

Published 01/08/2024, 02:00 AM
Updated 01/08/2024, 02:35 AM
© Reuters. A staff member works on an assembly line manufacturing Geely's GX6 cars, at the Geely's plant in Chengdu, Sichuan province, China April 13, 2023. REUTERS/Zoey Zhang/File Photo

SHANGHAI (Reuters) - Zeekr is aiming to deliver 230,000 cars in 2024, double its deliveries in 2023, a company spokesperson said on Monday, as the electric car brand of China's Geely ramps up sales of new models and expand into overseas markets.

Zeekr started delivery of its fourth model, the Zeekr 007 sedan, in December and wants to increase sales in Europe while selling into more markets in the Middle East and Asia this year, the company said.

The three-year-old company sold 118,685 cars in 2023, increasing 65% from 2022, the company said previously.

© Reuters. A staff member works on an assembly line manufacturing Geely's GX6 cars, at the Geely's plant in Chengdu, Sichuan province, China April 13, 2023. REUTERS/Zoey Zhang/File Photo

However, it missed its previous target of selling 140,000 units last year, when more than 40 brands were involved in a bruising price war in China, the world's largest auto market.

(This story has been corrected to fix Zeekr's 2023 sales to 118,685 units and not 118,658, in paragraph 3)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.