Industry dynamics

Zeekr expects sales to double in 2024

Publishtime:1970-01-01 08:00:00 Views:36
Zeekr launches its first sedan Zeekr 007 in Hangzhou, Zhejiang province, on Dec 27, 2023. [Photo provided to chinadaily.com.cn]

Zeekr, a premium EV brand of Geely, said on Monday that its sales in 2024 will almost double the figure last year.

Lin Jinwen, vice-president of Zeekr, said the company's sales goal for the year stands at 230,000 units. The carmaker delivered 118,000 vehicles in 2023, up 65 percent year-on-year.

Also on Monday, the company said its cumulative deliveries have totaled 200,000 units.

China has seen new energy vehicles gain momentum. Their sales could have reached 9.4 million units in 2023, according to the China Association of Automobile Manufacturers.

The CAAM estimates that their sales will exceed 11.5 million units this year.

China-made NEVs are getting popular in overseas markets as well. Their exports totaled 1.09 million units in the first 11 months of 2023, up 83.5 percent year-on-year, according to the CAAM.

Zeekr started to explore the European market late last year, with the first vehicle delivered in the Netherlands.

It is expected to enter more markets in Europe and other parts of the world in 2024, said the company.