Zeekr Targets 320,000 EVs In 2025 As Geely Pushes For Record 2.71 Million Deliveries

China’s Geely Auto said on Thursday that it is looking at delivering 320,000 units of its Zeekr brand EVs in 2025, 44% more than what the company delivered in 2024.

What Happened: Zeekr sold 222,123 EVs in 2024, marking a jump of 87% year-on-year. For 2025, the company is now aiming for 320,000 sales.

Geely, overall, is looking to deliver 2.71 million vehicles in the new year including 2 million units under the Geely brand. In 2024, the company delivered 2.18 million vehicles.

Why It Matters: Zeekr began delivering EVs in October 2021 and has delivered over 350,000 vehicles to date. The brand now operates in Europe, Hong Kong, and over 30 markets worldwide.

Zeekr, though a Geely brand, is listed on the New York Stock Exchange as Zeekr Intelligent Tech ZK. It has a consensus price target of $31.83 based on the ratings of 5 analysts tracked by Benzinga and a consensus “buy” rating.

Zeekr shares closed down 4.44% on Thursday at $27.12. The stock is down 4% over the past year, according to data from Benzinga Pro.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

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Photo courtesy: Zeekr