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Chinese EV Maker ZEEKR Sees 117% Jump in Vehicle Deliveries in Q1, Outperforms Expectations

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) reported fiscal first-quarter 2024 revenue of 14.74 billion Chinese yuan ($2.04 billion), representing an increase of 71.0% year-on-year, quashing the analyst consensus estimate of $1.68 billion. Adjusted EPS loss of $0.14 beat the analyst consensus loss estimate of $1.62. Total vehicle deliveries were 33,059 units for the first quarter of 2024, up by 117% Y/Y. In May ...