ZEEKR and Lynk & Co's Inaugural Joint Financial Report: Revenues Reach 22 Billion Yuan, Losses Narrow by 60%
2025-05-15 / Read about 0 minute
Author:小编   

ZEEKR Technology has unveiled its financial report for the first quarter of 2025, marking the first consolidated report since its integration with Lynk & Co. According to the report, total revenue for the quarter amounted to 22.019 billion yuan, reflecting a modest 1.1% year-over-year growth but a 37.8% decline from the previous quarter. Deliveries totaled 114,011 units, up 21.1% year-over-year but showing a sequential decrease. Gross margin improved to 19.1%, a 2.8-percentage-point increase compared to the same period last year. Net loss narrowed significantly to 763 million yuan, representing a 60.2% year-over-year decrease. Notably, the gross margin for ZEEKR-branded models achieved a new high of 21.2%. The Group's CEO affirmed that the two brands have achieved full integration, with a combined user base exceeding 1.9 million, and pledged to further deepen resource integration efforts. Furthermore, April saw the launch of several new models, including the ZEEKR 7GT and ZEEKR 9X.