The merger between ZEEKR and Lynk & Co primarily aims to strengthen cooperation and establish a premium new energy vehicle group.
This merger is expected to reduce costs in various areas, including research and development, services, and production. It is anticipated that R&D costs will decrease by 10-20%, supply chain costs will drop by 5%-8%, production capacity utilization will increase by 3%-5%, and expenses for support and services will be reduced by 10%-20%. Additionally, it will facilitate a broader market expansion for new energy vehicles, with the product range covering both Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) priced between 150,000 - 800,000 yuan (approximately 690,000 THB - 3,700,000 THB), which accounts for 60% of the passenger car market.
After the merger, ZEEKR and Lynk & Co will maintain their brand identities and product lines, along with their individual market positions, to deliver an elevated driving experience to consumers.
ZEEKR operates as a global luxury technology brand, focusing on luxury, performance, and cutting-edge technology, offering medium to large vehicles. The medium-sized cars will focus on electric vehicles (EVs), while the large cars will emphasize on hybrid powertrain.
Lynk & Co preserves its premium brand identity with new energy solutions, focusing on modern, sporty, and unique characteristics. It will concentrate on small to medium-sized vehicles, with small vehicles focusing on electric cars (EVs) and medium-sized ones on hybrid powertrain.
In 2025, ZEEKR and Lynk & Co plan to launch new vehicles in international markets. ZEEKR is preparing to debut the ZEEKR 7X, a premium 5-seat electric SUV with 800V battery technology, while Lynk & Co is preparing to launch the Lynk & Co 08 EM-P, a plug-in hybrid electric SUV.
ZEEKR Group is committed to becoming a global leader in the new energy vehicle market, with a sales target of 710,000 units by 2026, including 320,000 units for ZEEKR and 390,000 units for Lynk & Co, along with expanding their service center network to over 200 locations worldwide, using the "One Market, One Strategy" approach.
