ZEEKR finalizes Lynk & Co acquisition, announces establishment of ZEEKR Technology Group

Shanghai (Gasgoo)- On February 14, ZEEKR and Geely Automobile Holding Limited (Geely Automobile) announced the completion of ZEEKR's acquisition and capital injection into Lynk & Co. Following the transaction, ZEEKR now holds a 51% stake in Lynk & Co, while Geely Automobile retains 49%, making Lynk & Co a partly-owned subsidiary of ZEEKR.

The transaction was completed within just three months of the strategic integration plan announced on November 14, 2024. Simultaneously, ZEEKR claimed that ZEEKR Technology Group has been officially incorporated, which now oversees both the ZEEKR and Lynk & Co brands.

Under a dual-brand strategy, ZEEKR Technology Group will operate with a robust product lineup, integrating manufacturing, supply chain, and overseas operations into a unified system. Leveraging AI-driven innovation, the company aims to build a highly competitive automotive powerhouse.

The group will implement a unified management framework and introduce four key internal reforms: enhanced product development collaboration, manufacturing system innovation, upgraded user operations, and breakthroughs in intelligent systems. These initiatives are expected to improve product development efficiency by over 15% and enhance integrated "big manufacturing + big quality" management efficiency by more than 20%. Additionally, the company will establish a "dual-brand value pyramid" for user management, using AI to drive corporate transformation and boost overall operational efficiency by over 20%.

ZEEKR Technology Group will maximize synergy effects by integrating resources in vehicle architecture, electronic and electrical systems, intelligent driving, and smart cockpits, while leveraging large-scale manufacturing advantages to drive cost reduction and efficiency gains.

An Conghui, CEO of ZEEKR Technology Group, stated that In January 2025, the group's cumulative sales exceeded 42,000 vehicles, with its global user bases already topping 1.8 million.

In 2025, ZEEKR Technology Group plans to launch five new vehicle models, including four plug-in hybrid electric SUVs in the full-sized and large-sized segments. The group has set an ambitious annual sales target of 710,000 vehicles, a 40% year-over-year surge, with Lynk & Co to contribute 390,000 units and ZEEKR 320,000 units.