Zeekr

This means Zeekr has delivered 6,818 vehicles so far this month, considering it had 93,182 cumulative deliveries through the end of March.

This is 548 days after its first production vehicle rolled off the line on October 19, 2021. As of the end of March, Zeekr's cumulative deliveries since its inception reached 93,182 vehicles.

Zeekr's European headquarters will be in Amsterdam, Netherlands, and its first models in Europe will be the flagship Zeekr 001 shooting brake and Zeekr X urban SUV.

The Zeekr 009 ME version features a battery pack with a capacity of 140 kWh and offers a CLTC range of 822 km.

Zeekr CEO believes that despite having a presence in the compact car market, German luxury brands are not offering any truly competitive luxury products.

In the first quarter, Zeekr delivered 15,234 units, up 84.86 percent year-on-year, but down 53.08 percent from the fourth quarter.

The price of lithium, a raw material for batteries, has accelerated its decline, with industrial-grade lithium carbonate falling RMB 7,500 per ton to RMB 302,500 per ton today.

CATL's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said.

Zeekr's Ningbo plant was shut down for 21 days around the Chinese New Year holiday and resumed production on February 1.

For a model of Zeekr X's size, a four-seat version is a rarity in China.