Latest news with #ZEEKR
Yahoo
2 days ago
- Business
- Yahoo
ZEEKR Showcases Commitment to Sustainable EV Innovation in 2024 Report
ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) is one of the best young stocks to buy and hold for 5 years. Towards the end of May, ZEEKR Intelligent Technology announced the publication of its 2024 Sustainability Report. The report is available on the Sustainability section of the company's investor relations website and highlights ZEEKR's dedication to dual carbon management and proactive governance. ZEEKR particularly emphasizes value-driven technological innovation through extensive R&D of cutting-edge technologies for intelligent electric mobility. The company aims to build industry-leading competence in self-developed intelligent technology and foster an all-inclusive ecosystem for intelligent pure EVs. By the end of 2024, ZEEKR's cumulative R&D investment exceeded RMB 23.5 billion, which was an increase of over 16.14% year-over-year. An iconic skyline of a major city, the towering buildings display the strength of the company's regional banking success. ZEEKR also established a full-field and whole-process product R&D mechanism with global R&D layouts. This includes a 3-tier management and decision-making structure. An R&D management process is in place to meet stringent compliance and certification requirements, such as the EU Whole Vehicle Type-Approval System. ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) is an investment holding company that researches, develops, produces, commercializes, and sells EVs and batteries. While we acknowledge the potential of ZK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
07-05-2025
- Automotive
- Yahoo
HK-listed Geely eyes privatisation of Chinese unit ZEEKR
(Reuters) -Hong Kong-listed Geely Automobile Holdings said on Wednesday it is looking to privatise its Chinese automaker unit ZEEKR, proposing to value the unit at US$2.566 per ZEEKR share or $25.66 per American Depository Share. (Reporting by Shivangi Lahiri in Bengaluru; Editing by Mrigank Dhaniwala)
Reuters
07-05-2025
- Automotive
- Reuters
HK-listed Geely eyes privatisation of Chinese unit ZEEKR
Geely Auto logo is seen in this illustration taken January 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights , opens new tab May 7 (Reuters) - Hong Kong-listed Geely Automobile Holdings ( , opens new tab said on Wednesday it is looking to privatise its Chinese automaker unit ZEEKR (ZK.N) , opens new tab , proposing to value the unit at US$2.566 per ZEEKR share or $25.66 per American Depository Share. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here. Reporting by Shivangi Lahiri in Bengaluru; Editing by Mrigank Dhaniwala Our Standards: The Thomson Reuters Trust Principles. , opens new tab Share X Facebook Linkedin Email Link Purchase Licensing Rights
Zawya
05-05-2025
- Automotive
- Zawya
SHIFT concludes Arabian Travel Market participation with ZEEKR
Dubai, UAE – SHIFT Car Rental wrapped up its participation at Arabian Travel Market 2025 with a clear message: the future of mobility lies in sustainable, scalable, and technology-driven leasing. SHIFT used its platform at the region's prime travel and tourism event to spotlight solutions that meet evolving driver needs. A highlight of the SHIFT stand was the official unveiling of its partnership with ZEEKR, the premium EV brand recently added to the AWR Group portfolio. This marked their first joint appearance at a public event, offering a platform to outline the shared value of the collaboration. Visitors at Arabian Travel Market had the opportunity to experience ZEEKR's groundbreaking electric vehicles firsthand, with the ZEEKR 001 on display. The partnership not only signals the future of eco-conscious mobility in the travel and tourism sectors but also reinforces SHIFT's commitment to cleaner, smarter transportation. Through this venture, SHIFT is expanding its fleet with advanced electric models while introducing tailored leasing packages that make premium EVs more accessible to corporate fleets, hospitality operators, and the wider mobility ecosystem. Sanaa Ouahmane, CEO of AWR Mobility Services and AWR Trading, expressed her pride in the brand's ongoing evolution: 'SHIFT's year-on-year growth is something we are all very proud of. New offerings, relevant collaborations, including our strategic partnership with ZEEKR, and market expansions reflect how the company continues to prioritize the customer experience.' She added: 'By introducing premium electric vehicles and expanding access to eco-friendly mobility solutions, SHIFT is delivering flexible, future-ready options that meet real-world needs while actively supporting the UAE's national sustainability agenda.' ZEEKR's debut at ATM further highlights the brand's growing footprint in the UAE's premium EV market, showcasing its commitment to innovation and sustainable luxury. As a key partner, Shift Leasing continues to drive forward with its green mobility solutions, delivering smarter options for businesses and customers alike. 'ZEEKR's presence at ATM marks a significant milestone for our premium electric brand in the UAE,' said Roberto Colucci, Director of Electric Vehicles at AW Rostamani Group. 'It signals our intent to integrate high-performance EVs into sectors where innovation and sustainability are no longer optional — they're expected. Through partners like SHIFT, we're enabling businesses to transition toward smarter, cleaner fleets without compromising on luxury or experience.' The stand also highlighted SHIFT Car Rental's broader innovation efforts, including custom online dashboards that allow corporate clients to monitor and manage their fleets in real time. These tailored digital platforms provide access to usage data, electronic billing, service scheduling, and dedicated technical support, enabling over 2,000 clients to oversee more than 13,000 vehicles with precision and efficiency. With award-winning standards, ISO certification, and a specific commercial division for van and truck rental, SHIFT continues to deliver cost-effective, future-ready mobility services across the emirates. Its ATM presence reflected both market leadership and a firm commitment to helping the public meet their vehicular goals. About SHIFT Car Rental SHIFT Car Rental, part of the AW Rostamani Group's AWR Mobility Services, is a leading provider of premium car rental and fleet management solutions in the UAE. SHIFT provides all-around commercial packages for both short-term and long-term vehicle leasing. SHIFT Car Rental understands the unique concerns of its clients, providing customized top-of-the-line solutions that suit both individuals and businesses. With a keen focus on innovative technology, SHIFT ensures seamless communication and collaboration through a dedicated web portal connected to high-speed, state-of-the-art servers. ISO-certified and recognized with the Sheikh Khalifa Excellence Award (SKEA) and the Dubai Quality Appreciation Programme (DQAP) Award, SHIFT is the only car rental company to have won both awards. Serving over 700 corporate clients and managing a robust fleet of more than 13,000 vehicles, SHIFT supplies efficient and cost-effective vehicle management options, delivering reliable, flexible, and top-notch service that exceeds expectations. With a commitment to quality, SHIFT offers innovative features such as auto service reminders, personalized toll-free support, spot rentals, and e-billing through an online dashboard. Additionally, SHIFT provides 24/7 roadside and accident assistance, along with hassle-free maintenance scheduling. About Zeekr Zeekr Group, headquartered in Zhejiang, China, is the world's leading premium new energy vehicle group from Geely Holding Group. With two brands, Lynk & Co and Zeekr, Zeekr Group aims to create a fully integrated user ecosystem with innovation as a standard. Utilizing its state-of-the-art facilities and world-class expertise, Zeekr Group is developing its own software systems, e-powertrain and electric vehicle supply chain. Zeekr Group's values are equality, diversity, and sustainability. Its ambition is to become a true global new energy mobility solution provider. Zeekr (NYSE: ZK) is the global premium electric mobility technology brand from Geely Holding Group. Zeekr aims to create a fully integrated user ecosystem with innovation as a standard. The brand utilizes Sustainable Experience Architecture (SEA) and develops its own battery technologies, battery management systems, electric motor technologies, and electric vehicle supply chain. Zeekr's value is equality, diversity, and sustainability. Its ambition is to become a true mobility solution provider. Zeekr operates its R&D centers and design studios in Gothenburg, Ningbo, Hangzhou, and Shanghai and boasts state-of-the-art facilities and world-class expertise. Since Zeekr began delivering vehicles in October 2021, the brand has delivered more than 440,000 vehicles to date including the Zeekr 001, Zeekr 001 FR, Zeekr 009 MPV, Zeekr X urban SUV, Zeekr 007, Zeekr 7X and Zeekr MIX. Zeekr has announced plans to sell vehicles in global markets, and has an ambitious roll-out plan over the next 5 years to satisfy the rapidly expanding global EV demand About AW Rostamani (AWR) Group AW Rostamani Group is a multi-sector, multi-market group and one of the most progressive companies in the Middle East. With a legacy spanning over seven decades, AWR Group employs 3,000 individuals, serving a diverse customer base of over 155,000 individuals and 24,000 businesses. Its core verticals include mobility, real estate, logistics, lifestyle, lighting solutions, travel, agritech, and sustainable packaging. More than just serving the present, AWR Group embraces generation next. It builds purposeful businesses to enrich the lives of every generation, striving to make a meaningful and enduring impact on business, people, and the world. Built on a bedrock of strong founding values, AWR Group continues to evolve with the times and ahead of them, at work for a planet that prospers.
Zawya
15-04-2025
- Automotive
- Zawya
EVIQ and ZEEKR sign a memorandum of understanding and strategic partnership
The strategic alliance offers exclusive and seamless customer-focused solutions designed to accelerate the adoption of electric vehicles Riyadh, Saudi Arabia: As part of its commitment to accelerating EV adoption and enhancing sustainable mobility, EVIQ, Saudi Arabia's leading EV infrastructure provider, has signed a Memorandum of Understanding (MoU) with ZEEKR, the global electric mobility technology and solutions brand, through its partner and official representative in the Kingdom, Wallan Trading Company. This strategic alliance aims to expand the network of advanced charging stations, affirming EVIQ's commitment to enhancing EV charging infrastructure, supporting the transition to sustainable transportation in the Kingdom in line with Vision 2030. The MoU outlines key areas of collaboration between EVIQ and ZEEKR, such as exploring opportunities to create tailored charging solutions that provide ZEEKR customers with seamless access to EVIQ charging network, ensuring a convenient and streamlined charging experience that meets worldwide quality, safety, and efficiency requirements. The partnership also entails collaboration with local partners to install charging stations at new strategic locations, offering additional incentives and exclusive benefits for ZEEKR vehicle owners. Highlighting on the partnership, CEO of the Electric Vehicle Infrastructure Company (EVIQ) Mohammad Bakr Gazzaz stated: 'Our strategic partnership with ZEEKR, through its partner and representative Wallan Trading, marks a significant turning point in the development of the mobility ecosystem in the Kingdom. By integrating our expertise in fast charging infrastructure with ZEEKR's pioneering position in elevated electric mobility, we aim to provide an exceptional charging experience for ZEEKR customers in the Kingdom. This will contribute to accelerating the transition to electric vehicles and achieving national sustainability goals.' In turn, Abdulaziz Al-Wallan, Vice Chairman of Wallan Holding mentioned: 'This strategic partnership reflects developmental efforts to expand the electric vehicle charging infrastructure network in the Saudi market, in alignment with the targets of Saudi Vision 2030. This is in the context of the Kingdom's policies and various initiatives aimed at achieving sustainability and carbon neutrality, especially since ZEEKR represents the future of sustainable transportation and reflects our commitment to providing environmentally friendly solutions for everyday transportation needs. At Wallan Trading Company, we are keen to enhance partnerships with leading global brands to provide our customers with world-class products and services, enabling them to access more innovative and sustainable solutions. EVIQ remains at the forefront of developing Saudi Arabia's EV ecosystem, with a goal of deploying over 5,000 chargers in strategic sites around the Kingdom by 2030. This partnership with ZEEKR through Wallan Trading reinforces the company's commitment to establishing strong partnerships to lay a solid foundation for this sector. It aims to provide broader access to charging stations and is dedicated to accelerating the transition to a sustainable mobility future in the Kingdom. The partnership supports EVIQ's aim of leading the Kingdom's EV transition by developing a comprehensive charging network for EV owners, reducing carbon emissions from transportation and accelerating the transition to sustainable mobility in the region. About EVIQ: The Electric Vehicle Infrastructure Company (EVIQ) is a joint venture company between the Public Investment Fund (PIF) & Saudi Electricity Company (SEC). The company supports EV adoption in the Saudi market by building best-in-class infrastructure and creating a nationwide network of fast-charging hubs for electric vehicles around the Kingdom. With a vision to deploy more than 5,000 chargers in strategic locations around the Kingdom, EVIQ is spearheading the enablement of the EV ecosystem in Saudi Arabia. Through strong collaboration with local partners for installation & maintenance, EVIQ is aiming to build a strong foundation for the sector which will stimulate the growth of EV adoption among the Saudi community, leading to making the sector more attractive and rewarding for investors to take part in the journey. In addition, EVIQ has also established a state-of-the-art Research & Development (R&D) Facility in Riyadh, which is the first of its kind in the region. The new facility will be used for testing a spectrum of chargers and software, to ensure the deployment of best-in-class equipment and related software, reinforcing EVIQ's commitment to quality & efficiency, and driving the evolution in the EV sector across the Kingdom of Saudi Arabia. This facility is a cornerstone in the deployment of chargers & technologies that meet the highest standards of quality, safety, efficiency, and compatibility for the Saudi Market. EVIQ envisions a robust presence throughout Saudi Arabian cities and connecting roads by 2030. This strategic initiative aligns with relevant regulations and standards, aiming to lead the electric vehicle (EV) transition by providing best-in-class and widely accessible EV charging infrastructure. The widespread adoption of EVs holds multifaceted benefits, such as cost saving for car owners, reducing carbon emissions from transportation, and supporting a more sustainable & greener environment for Saudi Arabia. About ZEEKR: ZEEKR is an electric vehicle (EV) brand focused on delivering innovative and high-performance electric cars. Launched by Geely, a major Chinese automotive group, ZEEKR aims to redefine the future of mobility by blending cutting-edge technology, premium design, and sustainable energy solutions. The brand is committed to offering smart, connected, and environmentally friendly vehicles, with a focus on delivering top-tier customer experiences. ZEEKR's vehicles are known for their advanced features, including autonomous driving capabilities, long-range batteries, and high-tech infotainment systems. With a growing presence in global markets, ZEEKR is positioning itself as a key player in the EV sector, targeting eco-conscious consumers seeking premium and high-performance electric vehicles. The brand's vision is to lead the shift towards sustainable mobility, creating a future where electric vehicles are accessible, efficient, and enjoyable to drive.
