Zeekr and Lynk & Co officially complete the equity transfer, establishing Zeekr Technology Group.

On February 14, Zeekr Intelligent Technology Holdings Limited (ZK.US) and Geely Auto Holdings Limited (0175.HK) separately issued announcements, confirming that Zeekr has completed the acquisition and investment in Lynk & Co. As a result of the transaction, Zeekr now holds a 51% stake in Lynk & Co, while Geely Auto retains a 49% stake, making Lynk & Co an indirectly wholly-owned subsidiary of Zeekr. This equity transfer was finalized just three months after Zeekr and Lynk & Co first announced their strategic integration on November 14, 2024. Meanwhile, Zeekr Technology Group was officially established today.

Zeekr Technology Group will leverage its dual-brand strategy—combining Zeekr Auto and Lynk & Co—to implement an organizational model driven by both brands and supported by a robust product-line matrix. This approach will enable the company to fully integrate its mid- and back-office functions, such as manufacturing systems and supply chains, as well as its global operations. By harnessing the power of AI, Zeekr aims to build a more competitive, unified, and synergistic alliance that sets new industry benchmarks. At the same time, the company will establish a centralized management system and initiate a comprehensive round of internal management reforms across four key areas: collaborative product development, transformative manufacturing processes, upgraded user engagement strategies, and breakthroughs in intelligent systems. Notably, collaborative product development is expected to boost efficiency by more than 15%, while integrated "Large Manufacturing + Large Quality" management is projected to enhance operational efficiency by over 20%. Additionally, Zeekr will construct a "Dual-Brand Value Pyramid" for its user management framework and drive fundamental shifts in corporate governance through AI, ultimately achieving a 20% or greater improvement in overall business efficiency. This marks a true transformation toward becoming a data-driven, intelligent enterprise.
Zeekr Technology Group will also maximize integrated synergy by jointly developing products, sharing key platform technologies such as the vehicle architecture, electrical/electronic architecture, intelligent driving systems, and smart cockpit solutions, while leveraging large-scale manufacturing economies of scale and enhancing organizational management efficiency—ultimately driving continuous cost reductions and improved operational effectiveness.
Currently, Zeekr Technology Group has surpassed 1.8 million global users and boasts comprehensive, self-developed, and integrated software-hardware innovation capabilities across core industry technologies—including vehicle architecture, electrical/electronic architecture, the three-electric system, intelligent driving, and smart cockpit solutions. In 2025, Zeekr Technology Group will launch five all-new products, further strengthening its global market expansion while focusing on three key innovation areas: super hybrid electric technology, full-chain AI integration, and all-around safety systems. The company aims to achieve an annual sales target of 710,000 vehicles, representing a 40% year-on-year growth—of which 390,000 units will be from Lynk & Co and 320,000 from Zeekr. Zeekr Technology Group CEO An Conghui stated, "Zeekr Technology Group is firmly committed to a clear long-term vision: to become China's leading innovator in the premium, luxury new-energy segment during the era of sustainable mobility. Over the next two years, we will accelerate our journey toward becoming a globally recognized, top-tier luxury new-energy automotive group with annual sales exceeding one million units."

Translated from Sina Auto

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