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Benzinga
Benzinga
Business
Anusuya Lahiri

Zeekr Boosts Margins, Slashes Losses As New Models Power Sales

Zeekr Geely Auto electric vehicle Lynk &Co NIO
Zeekr-Photo by aapsky via Shutterstock

ZEEKR Intelligent Technology (NYSE:ZK), a premium electric vehicle (EV) unit of Geely Auto, reported fiscal second-quarter results on Thursday.

The company reported quarterly revenue of 27.43 billion Chinese yuan, representing a decrease of 0.9% year-on-year (Y/Y). In U.S. dollars, revenue totaled $3.83 billion.

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