Zeekr Group reported a sequential decline in vehicle deliveries for February, with 31,277 units delivered, marking a 50.96% increase from a year earlier but a 25.56% drop from January’s 42,019 units.
The decline was primarily driven by a slowdown in Lynk & Co’s performance, while the Zeekr brand recorded growth. The Zeekr brand delivered 14,039 vehicles in February, reflecting an 86.94% year-on-year increase and a 17.56% rise from January.
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In contrast, Lynk & Co’s February deliveries totaled 17,238 units, up 30.50% year-on-year but down 42.69% from the previous month. The company stated that 47.9% of Lynk & Co’s deliveries last month came from new energy vehicles (NEVs).
In the first two months of 2024, Zeekr Group delivered 73,296 vehicles, up 19.31% from 61,432 units in the same period last year. The Zeekr brand contributed 25,981 units, a 29.60% increase year-on-year, while Lynk & Co delivered 47,315 units, reflecting a 14.33% rise.
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Following the completion of its acquisition of a majority stake in Lynk & Co last month, Zeekr Group has set a 40% growth target for 2025, aiming to sell 710,000 vehicles.
The Zeekr brand is expected to launch three new models with a sales goal of 320,000 units, while Lynk & Co plans to introduce two new models and target 390,000 deliveries.