Geely's Zeekr opens orders for 2 luxury EVs in Sweden, Netherlands

Geely's Zeekr opens orders for 2 luxury EVs in Sweden, Netherlands

Automotive News Europe — 2023-06-28

Automotive Industry

Zeekr, Geely Automobile's electric brand, said that two of its all-electric luxury cars are available for pre-order in the Netherlands and Sweden, joining a growing number of Chinese EV makers launching vehicles in Europe.

Deliveries for the Zeekr 001 sedan and the Zeekr X crossover are set to begin in the autumn, the company said.

Pricing for the Zeekr 01 starts at €59,490 ($65,076) including taxes, while the Zeekr X starts €44,990.

At a launch event in Gothenburg, Spiros Fotinos, head of Zeekr's Europe business, said Sweden and the Netherlands were well advanced in sales of electric vehicles, allowing the company to learn from consumers before trying other European markets.

Zeekr hopes to launch in Denmark, Germany, France and Norway in 2024.

"Our plan is that through 2026 we will cover the majority of western Europe," he told Reuters. "We have several other models in the pipeline that you will see over the coming years and the aim, of course, is for us to be present in important segments in the European market."

Other Chinese EV makers including BYD, Xpeng and Aiways have all launched sales in Europe, seeking to gain market share while many consumers are still new to EVs.

Europe's automakers face a dual threat from the prospect of falling sales of their own vehicles in China, where local EV makers have been growing market share, and from rising sales of imported Chinese EVs - made by Chinese or Western automakers.

Zeekr will open flagship stores in Stockholm and Amsterdam by the end of 2023, but will pursue online sales rather than building out dealer networks.

"There has been a lot of inherent inefficiency in the traditional distribution system and I think everyone is trying to squeeze that inefficiency out, because costs are increasing," Fotinos said.