Zeekr, the premium electric vehicle brand under Geely Holding Group, has finalized its integration with Lynk & Co, another Geely-owned automotive brand. This deal will consolidate resources and propel the combined entity toward becoming a major player in the global electric car market. The company’s CEO, Andy An, has revealed an ambitious product roadmap for 2025, outlining new models for both brands and significant growth targets.
The integration will result in Lynk & Co becoming a subsidiary of Zeekr. This restructuring follows a series of transactions that started last November, ultimately giving Zeekr a 51 percent stake in Lynk & Co, with Geely holding the remaining 49 percent.
Lynk & Co was established in 2017 as a joint venture between Geely Auto and Volvo. The brand brings its own expertise and market presence to the newly formed group. Zeekr, founded more recently in 2021, has quickly made a name for itself in the premium EV segment.
Looking ahead to 2025, the combined Zeekr and Lynk & Co brands are targeting a 40 percent increase in sales with 710,000 vehicles to be delivered. This aggressive growth strategy is a key step towards the company’s larger goal of selling one million units annually within the next two years.
Zeekr will maintain its focus on the higher-priced segment, specifically vehicles above RMB 300,000 yuan (approximately $41,200). The brand will concentrate on mid-size battery electric vehicles and large hybrid cars. In 2025, Zeekr will introduce three new models, targeting sales of 320,000 units. These models include the Zeekr 007 GT, a full-size flagship SUV, and a large luxury SUV, both featuring advanced hybrid technology. This comes after Zeekr delivered 222,123 vehicles in 2024, an impressive 87.15 percent jump from the previous year.
Lynk & Co will focus on a slightly more accessible price point, with vehicles priced at RMB 200,000 yuan and above. The brand will explore the BEV market with its small car offerings, while its medium and large cars will use hybrid powertrains. Lynk & Co will launch two new models in 2025, with a sales target of 390,000 units. In 2024, Lynk & Co sold 285,441 vehicles, a 29.60 percent rise compared to 2023.
The integration of those two brands is part of Geely Holding’s broader strategy to streamline operations and maximize resource sharing. The two companies will collaborate on sales channel development, with Lynk & Co leveraging Zeekr’s experience in major cities and Zeekr expanding its reach using Lynk & Co’s network in less developed markets.
By 2025, the combined brands plan to operate over 200 stores internationally, introducing models like the Lynk & Co 08 EM-P and the Zeekr 7X SUV to global customers. Lynk & Co has already established a presence in 39 international markets, shipping over 80,000 units overseas, while Zeekr has entered more than 40 countries and regions.
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