Shanghai (ZXZC)- On October 12, ZEEKR, the premium electric vehicle brand under Geely Auto Group announced it has forged a comprehensive European partnership with BNP Paribas and Arval. This strategic alliance aims to provide ZEEKR users with an array of financial solutions that encompass every aspect of their mobility needs, backed by comprehensive leasing and insurance services.

Arval, a subsidiary of BNP Paribas, has rapidly evolved since its inception and now stands as one of the top five car rental companies in Luxembourg and Belgium.

This collaboration signifies the convergence of ZEEKR's innovative positioning in the electric vehicle market, BNP Paribas' expertise in loans and leasing, and Arval's all-encompassing service leasing experience, said ZEEKR. It's designed to cater to the specific requirements of the European market in a more localized and customer-centric manner.

ZEEKR 001; photo credit: ZEEKR

According ZEEKR, the latest collaboration spans multiple European countries and regions, commencing in the Netherlands and Sweden in September of this year, with plans to expand into Germany and several other markets by 2024. It's a strategic move designed to accelerate ZEEKR's foothold in the European electric vehicle market.

As of October 10, ZEEKR has partnered with seven financial institutions within China, including Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Bank of Communications, Bank of Shanghai, GENIUS AFC, and Wisdom Puhua Leasing. These collaborations cover all cities in the country, offering four different types of financial products, including equal monthly installments, extended loan terms, and zero down-payment mortgage, catering to diverse financial transaction needs in both online and offline scenarios.

Moreover, the first batch of ZEEKR 001 vehicles for the European market has already arrived its destination, with deliveries scheduled to commence later this year.