ZEEKR Tech has released its financial performance for the second quarter of 2025, boasting total revenue of RMB 27.431 billion and a consolidated gross margin of 20.6%. This represents a notable increase of 2.6 percentage points from the same period last year. Specifically, revenue from vehicle sales amounted to RMB 22.916 billion, marking a year-on-year growth of 2.2%. Furthermore, the gross margin for vehicles improved to 17.3%, a year-on-year increase of 5.8 percentage points. In terms of expenses, the company's R&D expense ratio and selling, general, and administrative expense ratio stood at 7.8% and 12.3%, respectively, both showing declines compared to previous years.
Reviewing the first half of 2025, ZEEKR Tech's total revenue reached RMB 49.450 billion, with vehicle revenue contributing RMB 42.012 billion, indicating an 8% year-on-year increase. The consolidated gross margin for the period was 20.0%, up 2.7 percentage points from the previous year, while the gross margin for vehicles stood at 16.9%, an improvement of 4.7 percentage points. Additionally, the company delivered a total of 244,877 units in the first half of the year, reflecting a 14.5% year-on-year increase.