Zeekr to Launch Updated Zeekr 009 MPV in HK on Jul 19
On July 19, the all-new Zeekr 009 will be launched globally in Hong Kong, and will be available in 6-seat and 7-seat options. For details, please visit CnEVPost.
Zeekr Releases 1st Official Images of 7X SUV Along With Core Specs
The Zeekr 7X is based on the 800 V high-voltage platform, and the dual-motor variant can accelerate from 0 to 100 km/h in less than 4 seconds. For details, please visit CnEVPost.
Zhenyu Technology (300953.SZ): Recently expanded into multiple battery manufacturers such as Zhengli, Yuanjing, and Jike VMware.
On July 11th, Gelunhui, Shake Yu Technology (300953.SZ) stated on the investor interaction platform that the company has recently expanded into multiple battery manufacturers such as Zhengli, Yuanjing, and Jike Wei Rui. The company is a rising star in structural components with numerous new projects underway; in 2024, the company successfully entered into a cooperative partnership with Jike Wei Rui as a supplier and has already delivered its products. In the same year, the company also successfully entered into a formal cooperative agreement with Yuanjing as a supplier and is gradually increasing its share of the structural component business, with an expected annual partnership transaction amount of over 0.1 billion yuan.
Zeekr Names 'CX1e' Family SUV 7X, Launch to Be Within This Year
The Zeekr 7X is a 5-seat SUV, Zeekr's second model aimed at the mainstream EV market. For details, please visit CnEVPost.
US stocks hit new highs, with Nvidia up 4.4% leading the technology stocks, Tesla rising for ten consecutive days, and Apple having the highest market cap.
The Nasdaq and S&P 500 large caps hit a new intraday high again, while the Dow Jones weakened; the US stock market's "Seven Sisters" rose except Microsoft, with Nvidia leading the gains, up nearly 4.4%, while Tesla rose more than 2% for ten consecutive days; Apple rose more than 0.6% and still has the highest market cap; chip stocks generally gave back more than half of their gains after rising, Arm Holdings and KLA Corp hit new intraday highs again; Chinese concept stocks index rose.
Market Chatter: China's NEV Registration Jumps 39% in H1
New energy vehicle registrations in China jumped 39.4% in the first half of the year, Xinhua reported July 8, citing data from the police.About 4.4 million NEVs were registered, compared to 3.1 millio
China's NEV Ownership Reaches 24.72 Million by End of Jun
At the end of June, China's NEV ownership reached 24.72 million vehicles, accounting for 7.18 percent of the total vehicle ownership of 440 million, according to data released today by China's Ministry of Public Security (MPS).
Zeekr Releases Camouflage Photos of 'CX1e' SUV That Will Target Family Market
Zeekr (NYSE: ZK) has begun previewing its new SUV (sport utility vehicle), internally codenamed CX1e, which is expected to go on sale in the second half of the year.
Under heavy pressure from the global slowdown in the electric autos market, LG's new energy fund's profits plummeted 58%.
The continuous slowdown in sales of electric cars has had a significant impact on the performance of LG new energy fund, causing its second-quarter profit to fall short of analyst expectations.
Market Chatter: Geely to Introduce EV Brand Zeekr in South Korea by 2026
Zeekr Intelligent Technology (ZK) may enter the South Korean market as early as 2026 with its Zeekr 001 premium electric vehicle as Geely and other Chinese automakers look to enter the country's EV ma
DBS: Maintains a "buy" rating on Geely Auto, with a target price raised to HKD 11.7.
DBS released a research report stating that it maintains a "Buy" rating on Geely Auto (00175) due to its strong delivery volume and car pipeline in the first half of this year. It has raised its earnings forecast for the 2024 and 2025 fiscal years by 2% and 3% respectively, and raised its target price to HKD 11.7. If the company achieves its market-expected target of delivering 2 million vehicles for the entire year and has confidence in its overseas business, it will increase its sales target from 0.3 million vehicles to 0.38 million vehicles. The bank pointed out that Geely and its Lynk & Co brand's strong models are crucial for increasing sales in the second half of this year and in 2025. Gross margin is expected to improve for several consecutive quarters in the future.
Geely Plans to Introduce Zeekr EV Brand in Korea by Early 2026
Counterpoint: Pure electric car sales will surpass 10 million vehicles in 2024, and the growth of hybrid cars will exceed pure electric cars.
China remains the dominant force in the pure electric auto market, with pure electric auto sales expected to be four times that of North America by 2024.
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Express News | ZEEKR Shares Are Trading Higher After the Company on Monday Reported June Deliveries of 20,106, up 89% Year Over Year
Zeekr Poised for Stronger 2Q Gross Profit Margin -- Market Talk
0328 GMT - Zeekr Intelligent Technology likely improved its gross profit margin in 2Q, thanks to better economies of scale driven by record sales volume, Deutsche Bank analyst Bin Wang writes in a not
ZEEKR Reports an 89% Pop in Deliveries for June
Correction to Chinese EV Sales Article
Warren Buffett-backed BYD, NIO, Leapmotor and Geely-backed Zeekr all posted sales volume records during the month, while Li Auto recovered from lackluster numbers early in the year with a 47% on-year
Zeekr Launches Updated Zeekr X SUV With Limited-time Discounts
The Zeekr X had a record 4,714 single-month deliveries in November 2023, but the figures were below 1,000 units in each of the first five months of this year.
Hong Kong stocks rose sharply, and auto stocks collectively rose. The June performance of electric vehicle companies was impressive, and institutions said that leading auto companies are expected to expand their market share.
According to the WiseNews app, auto stocks rose collectively in the morning, as of the time of publication, Li Auto-W (02015) rose 6.19%, reported HKD74.65; Geely Auto (00175) rose 3.87%, reported HKD9.13; Leapmotor Auto(09863) rose 3.54%, reported HKD27.75; and NIO-SW (09866) rose 3.38%, reported HKD35.2.