Geely's EV brand Zeekr sells out of deliverable cars for this year

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Geely's EV brand Zeekr sells out of deliverable cars for this year

Reuters2021-06-15

BEIJING, June 15 (Reuters) - Zeekr, a new premium electric vehicle $(EV)$ brand launched this year by Geely , has sold out of deliveries for this year, Chief Executive An Conghui said on Tuesday.

Geely, the owner of Volvo Cars, in April launched Zeekr to target growing Chinese demand for premium EVs that has boosted sales for Tesla Inc and Chinese peer Nio Inc .

Parent Zhejiang Geely Holding Group and Geely Automobile

jointly invested 2 billion yuan ($306 million) in the Zeekr venture.

Executives said that Zeekr would use a direct sales model to manage pricing and inventory. The brand plans to open more than 100 stores this year. Geely is making Zeekr 001 cars in China's eastern city of Ningbo.

(Reporting by Yilei Sun and Tony Munroe, editing by Louise Heavens)

((Y.Sun@thomsonreuters.com; +86 10 66271262; Reuters Messaging: y.sun.thomsonreuters.com@reuters.net))

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Comment（9）

Gordonkcc
·2021-06-16
What
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RC_ADRIC
·2021-06-15
Nice
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martzh
·2021-06-15
China tesla
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Jaykay
·2021-06-15
[What]
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1
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Kentucky
·2021-06-15
Need a t
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1
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CH88
·2021-06-15
But can it play cyberpunk? Please give me a like.
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Ndragons
·2021-06-15
Good good
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SandDust
·2021-06-15
Exciting time ahead for Geely. Hope the hype can push up the stock price. Aiming at least 30
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HOTBE
·2021-06-15
Huge potential to growth
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Please give me a like.","listText":"But can it play cyberpunk? Please give me a like.","text":"But can it play cyberpunk? Please give me a like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187835334","repostId":2143730722,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187172195,"gmtCreate":1623748070417,"gmtModify":1704210301379,"author":{"id":"3574386326427768","authorId":"3574386326427768","name":"Ndragons","avatar":"https://static.tigerbbs.com/e1885819ee86aebb5d5d56cb30e0e3ff","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3574386326427768","idStr":"3574386326427768"},"htmlText":"Good good","listText":"Good good","text":"Good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187172195","repostId":2143730722,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187181772,"gmtCreate":1623746715296,"gmtModify":1704210229743,"author":{"id":"3581331938298103","authorId":"3581331938298103","name":"SandDust","avatar":"https://static.tigerbbs.com/ea6083d742fc232449a625fb122842c8","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3581331938298103","idStr":"3581331938298103"},"htmlText":"Exciting time ahead for Geely. Hope the hype can push up the stock price. Aiming at least 30","listText":"Exciting time ahead for Geely. Hope the hype can push up the stock price. Aiming at least 30","text":"Exciting time ahead for Geely. Hope the hype can push up the stock price. Aiming at least 30","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187181772","repostId":2143730722,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187115634,"gmtCreate":1623746380928,"gmtModify":1704210220514,"author":{"id":"3576325295778787","authorId":"3576325295778787","name":"HOTBE","avatar":"https://static.tigerbbs.com/4f535d0d25c5b9833a0f75cd652fbbcd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576325295778787","idStr":"3576325295778787"},"htmlText":"Huge potential to growth","listText":"Huge potential to growth","text":"Huge potential to growth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187115634","repostId":2143730722,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":12,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}