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{"id":29325,"date":"2023-04-18T21:51:37","date_gmt":"2023-04-18T21:51:37","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/04\/18\/chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023\/"},"modified":"2023-04-18T21:51:38","modified_gmt":"2023-04-18T21:51:38","slug":"chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/04\/18\/chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023\/","title":{"rendered":"Chinese luxury EV brand Zeekr will expand to Europe by end of 2023"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/04\/18\/chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023\/<\/a><\/br>
\nChinese luxury EV brand Zeekr will expand to Europe by end of 2023<\/br>
\n2023-04-18 21:51:37<\/br><\/p>\n

\n
\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n
\n

Zeekr, the premium electric vehicle brand under China\u2019s Geely Automobile Holdings, has confirmed plans to expand into Europe this year.<\/p>\n

The company will begin selling its Zeekr 001 luxury shooting brake and Zeekr X urban SUV in Sweden and the Netherlands starting in the fourth quarter of 2023, with plans to expand quickly to other European countries after that, the company said Tuesday at Auto Shanghai 2023.<\/p>\n

The news isn\u2019t exactly a surprise, but it is significant given the fact that Zeekr is only two years old.\u00a0 Since launching in 2021, the automaker has sold over 93,000 units, mainly its flagship Zeekr 001, and has added two new vehicles to its lineup \u2014 the Zeekr X<\/a>, which launched in China last week, and the Zeekr 009 minivan<\/a>.\u00a0<\/span><\/p>\n

The 001 and X compete directly with Tesla\u2019s Model Y crossover in an increasingly cutthroat EV market in China. The 001, which can deliver a range of around 375 miles, costs around RMB 300,000 (USD $44,000). The X <\/span>has a range of 348 miles and costs around RMB 190,000 (USD $27,600).\u00a0 Zeekr\u2019s vehicles also include over-the-air software updates.\u00a0<\/span><\/p>\n

Part of Zeekr\u2019s success in China has been its direct-to-consumer business model, which the company aims to bring to Europe, as well. Tesla popularized D2C sales, which sidestep the traditional model of selling cars through franchised dealerships.<\/p>\n

The push into Europe follows Zeekr\u2019s February fundraise of $750 million at a $13 billion valuation<\/a>. The company has also been aggressively hiring<\/a> in more than 30 cities around the world, including in Gothenburg, Sweden, which is where Zeekr houses its Global Design Center and European R&D center. In fact, the automaker says its European team is already composed of more than 1,500 engineers and designers.<\/p>\n

Zeekr\u2019s European headquarters will be based in Amsterdam, the company said. Spiros Fotinos, who spent over two decades with Toyota and led brand management of Lexus globally, will lead the charge as CEO of Zeekr Europe.<\/p>\n

Zeekr has not shared plans to bring its EVs to the U.S., but the company confidentially filed for an IPO<\/a> in December. Zeekr did not respond in time to TechCrunch\u2019s queries on the status of that IPO.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/04\/18\/chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/04\/18\/chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023\/ Chinese luxury EV brand Zeekr will expand to Europe by end of 2023 2023-04-18 21:51:37 Zeekr, the premium electric vehicle brand under China\u2019s Geely Automobile Holdings, has confirmed plans to expand into Europe this year. The company will begin selling its Zeekr 001 luxury shooting brake and Zeekr X urban SUV in Sweden and […]<\/p>\n","protected":false},"author":1,"featured_media":29326,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-29325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nChinese luxury EV brand Zeekr will expand to Europe by end of 2023 - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/04\/18\/chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese luxury EV brand Zeekr will expand to Europe by end of 2023 - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/04\/18\/chinese-luxury-ev-brand-zeekr-will-expand-to-europe-by-end-of-2023\/ Chinese luxury EV brand Zeekr will expand to Europe by end of 2023 2023-04-18 21:51:37 Zeekr, the premium electric vehicle brand under China\u2019s Geely Automobile Holdings, has confirmed plans to expand into Europe this year. 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