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Where is the headquarters of Lotus Technology located?
[ "Lotus Technology has a dedicated global team to support its R&D activities with a sizable scale and comprehensive functionalities, covering all major technological perspectives. Lotus Technology's approach to innovation demonstrates an interconnected global collaboration among highly experienced and dedicated team...
[ "Lotus Technology Company (LTC) was incorporated as an exempted company in accordance with the laws and regulations of the Cayman Islands on August 9, 2021. The mailing address of Lotus Technology's principal executive office is No. 800 Century Avenue, Pudong District, Shanghai, People’s Republic of China, and the ...
Where is Lotus Technology's stock traded? What is the stock code for Lotus Technology?
[ "means NASDAQ, NYSE, or any other internationally recognized stock exchange on which any securities of Lotus Technology are listed for the time being;", "In October 2023, Lotus Technology's wholly foreign-owned enterprise (WFOE) pledged the land use rights, buildings, and ancillary facilities on certain pieces of...
[ "The equity interests of Lotus Tech UK and Lotus GmbH were transferred to Lotus Technology Corporation on December 29, 2021, and June 24, 2022, respectively. On November 4, 2021, Lotus Technology Corporation entered into trademark license agreements with a related party, Group Lotus Limited, a wholly-owned subsidia...
How many ordinary shares does one American Depositary Share (ADS) of Lotus Technology represent?
[ "The summary below describes the principal terms of the offering. The “Description of Share Capital” section and “Description of American Depositary Shares” section of this prospectus contain a more detailed description of Lotus Technology's American Depositary Shares, Ordinary Shares, and Warrants. Securities bein...
[ "No condition, stipulation, or provision of the deposit agreement or American Depositary Shares (ADSs) shall relieve Lotus Technology or the depositary from their respective obligations to comply with the Securities Act and the Exchange Act. The Warrants are exercisable for Ordinary Shares in the form of American D...
What is the main business of Lotus Technology?
[ "Services. Lotus Technology generates revenues mainly by providing automotive design and development services to OEM customers, technology-related services, and after-sales service.", "Lotus Technology is a leading global intelligent and luxury mobility provider that designs and develops luxury lifestyle vehicles...
[ "Lotus Technology believes it benefits from a number of competitive advantages: ● Early mover in the luxury battery electric vehicle (BEV) market. \n● Iconic brand with a racing heritage. \n● Proprietary next-generation technology built on world-class research and development (R&D) capabilities. \n● Asset-light ...
What is the relationship between Lotus Technology and Lotus Cars?
[ "Lotus Technology is a leading global intelligent and luxury mobility provider that designs and develops luxury lifestyle vehicles (non-sports car vehicles for daily usage) under the iconic British brand “Lotus” and sells all Lotus-branded cars. With over seven decades of racing heritage and proven leadership in th...
[ "Lotus Technology views the manufacturers and suppliers it collaborates with as key partners throughout the vehicle development process. Lotus Technology aims to leverage its partners’ industry expertise to ensure that each vehicle produced meets the company's strict quality standards. Lotus Technology's Collaborat...
What is the relationship between Lotus Technology and Geely Auto?
[ "Lotus Technology views the manufacturers and suppliers it collaborates with as key partners throughout the vehicle development process. Lotus Technology aims to leverage its partners’ industry expertise to ensure that each vehicle produced meets the company's strict quality standards. Lotus Technology's Collaborat...
[ "Lotus Technology is a pioneering luxury battery electric vehicle (BEV) maker that designs and develops luxury lifestyle vehicles (non-sports car vehicles for daily usage) under the iconic British brand “Lotus” and sells all Lotus-branded cars. With over seven decades of racing heritage and proven leadership in the...
What is the shareholder structure of Lotus Technology?
[ "The equity interests of Lotus Tech UK and Lotus GmbH were transferred to Lotus Technology Corporation on December 29, 2021, and June 24, 2022, respectively. On November 4, 2021, Lotus Technology Corporation entered into trademark license agreements with a related party, Group Lotus Limited, a wholly-owned subsidia...
[ "An interested shareholder generally is a person or a group who or which owns or owned 15% or more of Lotus Technology's outstanding voting shares within the past three years. This has the effect of limiting the ability of a potential acquirer to make a two-tiered bid for Lotus Technology in which all shareholders ...
What is the total number of Lotus Technology stores globally? How many countries and regions has Lotus Technology's lifestyle vehicles entered?
[ "As such, Lotus Technology has established a Global Commercial Platform to distribute Lotus branded vehicle models, including the Product P1, Product P2, and future BEV models, as well as certain sports car models that were or will be developed and manufactured by Lotus UK, such as the Product P3 (BEV sports car) a...
[ "Lotus UK has developed a Global Commercial Platform for the sales and distribution of its vehicles and sports cars. As of December 31, 2023, Lotus UK had 215 stores in its global distribution network. Luxury Retailing Experience for Customers Aiming to provide a future-proof, luxurious customer experience, Lotus T...
Is Lotus Technology affected by tariffs imposed by Europe and the United States on China? What are the specific applicable tax rates?
[ "How will the company face the tariffs imposed by the EU and the US?Lotus Technology will adjust product plans to cater to diverse global markets and launch high-performance special editions and limited editions to focus on ultra-luxury customers. Lotus Technology will continue to enhance brand and service quality,...
[ "● changes in diplomatic and trade relationships, including political risk and customer perceptions based on such changes and risks; ● disruptions of capital and trading markets and currency fluctuations; ● management of tax consequences and compliance; ● increased costs due to imposition of climate change regulati...
What products does Lotus Technology currently offer? What are the prices of these products?
[ "As of June 30, 2024, Lotus Technology had 207 stores in its global distribution network. Major vehicle models currently in Lotus Technology's global sales and distribution network include Product P1, Product P2, and future lifestyle models, as well as certain sports car models that were or will be developed and ma...
[ "Lotus Technology is a leading global intelligent and luxury mobility provider that designs and develops luxury lifestyle vehicles (non-sports car vehicles for daily usage) under the iconic British brand “Lotus” and sells all Lotus-branded cars. With over seven decades of racing heritage and proven leadership in th...
What is the global delivery volume of Lotus Technology as of the first half of the year?
[ "How was Lotus Technology's performance in the first half of the year? Total revenue for the first half of 2024 was $398 million, representing a year-on-year increase of 206%. Lotus Technology's Average Selling Price (ASP) remained above $100,000, achieving growth far exceeding the industry and luxury car segment. ...
[ "What is Lotus Technology's future guidance? Lotus Technology's annual delivery target is 12,000 units, with year-over-year growth exceeding 70%. Through the Win26 program, Lotus Technology aims to achieve positive cash flow and profitability by 2026.", "Aside from the EPA, Lotus Technology has developed a leadin...
What is the gross margin of Lotus Technology?
[ "As a result of the foregoing, Lotus Technology's gross profits increased from US$2.3 million for the year ended December 31, 2022, to US$102.2 million for the year ended December 31, 2023, while the gross margin decreased from 24.1% for the year ended December 31, 2022, to 15.0% for the year ended December 31, 202...
[ "\"Lotus Technology continued to deliver strong operational growth, with total deliveries of 7,617 units in the first nine months of 2024, up by 136% year-on-year, driven by the European market,\" said Person H1, Chief Executive Officer. \"Lotus Technology is excited to see significant progress in its intelligent d...
What is the latest sales guidance for Lotus Technology?
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
[ "Lotus Technology has a limited operating history, and its ability to develop, manufacture, and deliver automobiles of high quality and appeal to customers, on schedule, and on a large scale is unproven and still evolving. Lotus Technology's electric vehicle (EV) business was founded in 2018. The company's first ve...
Is Lotus Technology profitable?
[ "Lotus Technology has not been profitable since its inception. The company incurred a net loss of US\\$460.3 million, US\\$750.3 million, US\\$724.6 million, and US\\$110.5 million for the six months ended June 30, 2024, and in 2023, 2022, and 2021, respectively. In addition, Lotus Technology had negative net cash ...
[ "Lotus Technology's core values, which include developing high-quality electric vehicles while operating with integrity, are an important component of the company's brand image, making its reputation sensitive to allegations of unethical business practices. Lotus Technology does not control its independent supplier...
What is the user profile of Lotus Technology?
[ "Over the past 75 years, the user profile of Lotus is car fan who loves car culture and focuses on driving pleasure. In the strategic path of Lotus' implementation of Vision 80, the target customer group has further increased with the expanded and upgraded product line. Now the younger generation who value driving ...
[ "With that level of complexity and interconnectivity in mind, Lotus Technology is building cybersecurity through the TARA process into its vehicle development process itself, with the intent of enabling the business to remain resilient to any potential attacks during vehicle development. The objective of Lotus Tech...
What is the delivery cycle for Lotus Technology products?
[ "Lotus Technology currently provides 4 products to the market through 200 stores around the world, Product P1 and Product P2. The delivery cycle is 3-6 months, depending on customs clearance and transportation conditions in different markets. Product P1 and Product P2 are produced by the Wuhan factory. Except for t...
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
What is the number of employees at Lotus Technology?
[ "In 2023 and the six months ended June 30, 2024, Lotus Technology delivered a total of 6,970 and 4,873 vehicles, respectively, consisting of lifestyle vehicles and Lotus-brand sports cars that were distributed through Lotus Technology International Limited (LTIL). As of June 30, 2024, Lotus Technology had 2,989 ful...
[ "As of December 31, 2021, 2022, and 2023, Lotus Technology had approximately 2,300, 2,913, and 3,180 full-time employees, respectively. The following table sets forth the numbers of Lotus Technology's employees categorized by function as of December 31, 2023.", "[Table Level]\n- Table Title: Employee Distribution...
What is the R&D investment of Lotus Technology? How many R&D personnel does Lotus Technology have?
[ "Guided by Lotus Technology's R&D leaders, the global research and development team has extensive experience in the automotive and technology industries. As of June 30, 2024, Lotus Technology's R&D team consisted of 1,631 professionals with extensive knowledge in automotive engineering, software, and artificial int...
[ "Invest in brand equity and fully transform the brand. Leveraging Lotus Technology's brand racing heritage and proven leadership, Lotus Technology intends to further elevate the brand by continuing to deliver a portfolio of intelligent and high-performance vehicles that satisfy customers’ expectations and broaden t...
What are the main competitive advantages of Lotus Technology?
[ "Additionally, many of these competitors also have greater name recognition, longer operating histories, larger sales forces, broader customer and industry relationships, and other tangible and intangible resources that exceed those of Lotus Technology. These competitors also compete with Lotus Technology in recrui...
[ "Competition Lotus Technology faces competition from both traditional luxury automotive developers and an increasing number of newer companies focused on electric and other alternative fuel vehicles. Lotus Technology believes the primary competitive factors on which Lotus Technology competes with its peers include,...
What are the long-term goals of Lotus Technology?
[ "The Lotus brand is closely associated with “customer engagement” and “community building,” and in order to provide customers with a luxurious experience, Lotus Technology has adopted a direct-to-consumer global sales and distribution strategy that focuses on establishing and developing direct relationships with cu...
[ "As a leader in the electrification transformation of the luxury car segment, Lotus Technology has launched its E-segment BEV model years ahead of competitors and plans to continue launching additional BEV models. Lotus Technology also aims to become the first traditional luxury auto brand to achieve a 100% BEV pro...
How did Lotus Technology perform in the first 9 months of 2024?
[ "[Table Level]\n- Table Title: Key Preliminary Financial Results for the First Nine Months Ended September 30, 2024\n- Table Summary: This table presents a comparison of financial results between the first nine months of 2024 and 2023, showcasing revenues, costs, and profit margins. It highlights significant year-o...
[ "How was Lotus Technology's performance in the first half of the year? Total revenue for the first half of 2024 was $398 million, representing a year-on-year increase of 206%. Lotus Technology's Average Selling Price (ASP) remained above $100,000, achieving growth far exceeding the industry and luxury car segment. ...
What is the global delivery volume of Lotus Technology as of the third quarter? How has the delivery volume grown?
[ "Over 7,600 vehicles were delivered in the first nine months of 2024, a year-on-year increase of 136%. Total revenue reached $653 million, more than doubling year-on-year. Revenue from the intelligent driving business generated from customers other than Lotus surged to $11 million, with a year-on-year growth of 450...
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
What were the delivery volumes of passenger cars and sports cars for Lotus Technology in the first three quarters?
[ "[Table Level]\n- Table Title: Sales Figures by Vehicle Type\n- Table Summary: The table provides sales figures for different vehicle types from January to September for the years 2024 and 2023, along with the year-over-year percentage change. It categorizes the sales into \"Lifestyle SUV and Sedan\" and \"Sportsca...
[ "Over 7,600 vehicles were delivered in the first nine months of 2024, a year-on-year increase of 136%. Total revenue reached $653 million, more than doubling year-on-year. Revenue from the intelligent driving business generated from customers other than Lotus surged to $11 million, with a year-on-year growth of 450...
What is the delivery volume of Lotus Technology in the third quarter?
[ "In the first nine months of 2024, Lotus delivered over 7,600 vehicles, marking a 136% increase compared to the same period in 2023, when 3,221 vehicles were delivered. The third quarter alone saw 2,744 vehicles delivered, a 54% increase over the 1,782 vehicles delivered in Q3 2023. Total revenue for the first nine...
[ "Over 7,600 vehicles were delivered in the first nine months of 2024, a year-on-year increase of 136%. Total revenue reached $653 million, more than doubling year-on-year. Revenue from the intelligent driving business generated from customers other than Lotus surged to $11 million, with a year-on-year growth of 450...
What is the gross margin of Lotus Technology? What is the operating profit/loss of Lotus Technology?
[ "\"While the gross margin for the first nine months of 2024 was 9%, shrinking 2 percentage points compared to the same period of 2023 due to proactive management of inventory in response to trade protectionism, inflation impacts, and macroeconomic uncertainties, the high-margin intelligent driving business has secu...
[ "\"Lotus Technology continued to deliver strong operational growth, with total deliveries of 7,617 units in the first nine months of 2024, up by 136% year-on-year, driven by the European market,\" said Person H1, Chief Executive Officer. \"Lotus Technology is excited to see significant progress in its intelligent d...
What is the full-year sales guidance for Lotus Technology? Is it currently on track to meet this guidance?
[ "What is Lotus Technology's future guidance? Lotus Technology's annual delivery target is 12,000 units, with year-over-year growth exceeding 70%. Through the Win26 program, Lotus Technology aims to achieve positive cash flow and profitability by 2026.", "New York – November 12, 2024 – Lotus Technology Inc. (“Lotu...
[ "How was Lotus Technology's performance in the first half of the year? Total revenue for the first half of 2024 was $398 million, representing a year-on-year increase of 206%. Lotus Technology's Average Selling Price (ASP) remained above $100,000, achieving growth far exceeding the industry and luxury car segment. ...
What is the latest employee count for Lotus Technology? How many R&D personnel does Lotus Technology have?
[ "[Table Level]\n- Table Title: Employee Distribution by Function as of December 31, 2023\n- Table Summary: The table presents the number and percentage of employees within various functional areas of Lotus Technology as of December 31, 2023. It details how the total workforce is allocated across different functions...
[ "As of December 31, 2021, 2022, and 2023, Lotus Technology had approximately 2,300, 2,913, and 3,180 full-time employees, respectively. The following table sets forth the numbers of Lotus Technology's employees categorized by function as of December 31, 2023.", "Lotus Technology's success depends on the company's...
What are the sales contributions of Lotus Technology in the European market, Chinese market, and US market?
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
[ "The Lotus brand is closely associated with “customer engagement” and “community building,” and in order to provide customers with a luxurious experience, Lotus Technology has adopted a direct-to-consumer global sales and distribution strategy that focuses on establishing and developing direct relationships with cu...
What is the distribution of Lotus Technology's store numbers in Europe, China, and the United States?
[ "Deliveries of Product P1 saw a remarkable 126% year-on-year increase in the first nine months of 2024, constituting 52% of the total deliveries. Europe, being the home of the Lotus brand, demonstrated significant growth with a 372% year-on-year increase in vehicle deliveries during this period. The Rest of the Wor...
[ "In particular, in China, Lotus Technology's vehicles are sold either directly to users (rather than through dealerships) or through city partners that act as sales agents and collect sales commissions on such sales. As of December 31, 2023, Lotus Technology had 215 stores in its global distribution network. Lotus ...
What is the sales ratio of Lotus Technology's Product P1 and Product P2?
[ "In 2023 and the six months ended June 30, 2024, Lotus Technology delivered a total of 6,970 and 4,873 vehicles, respectively, consisting of lifestyle vehicles and Lotus-brand sports cars that were distributed through Lotus Technology International Limited (LTIL). As of June 30, 2024, Lotus Technology had 2,989 ful...
[ "Lotus Technology is a leading global intelligent and luxury mobility provider that designs and develops luxury lifestyle vehicles (non-sports car vehicles for daily usage) under the iconic British brand “Lotus” and sells all Lotus-branded cars. With over seven decades of racing heritage and proven leadership in th...
What are the key achievements of Lotus Technology in 2024?
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
[ "Lotus Technology has not been profitable since its inception. The company incurred a net loss of US\\$460.3 million, US\\$750.3 million, US\\$724.6 million, and US\\$110.5 million for the six months ended June 30, 2024, and in 2023, 2022, and 2021, respectively. In addition, Lotus Technology had negative net cash ...
What is the average MSRP for Lotus Technology?
[ "Lotus achieved a 136% year-on-year increase in deliveries, maintaining its position as a top-performing luxury car brand among global competitors. The company delivered over 7,600 vehicles in the first nine months of 2024, making it the top seller among British luxury car brands. Four models were in delivery, each...
[ "Lotus Technology Inc. intends to market and distribute its products under the “Lotus” brand indefinitely, and the trademark licenses are expected to contribute to cash flows indefinitely. The cost of renewal in each jurisdiction is different, and Lotus Technology Inc. believes the amount of renewal costs is insign...
What new markets did Lotus Technology enter in 2024?
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
[ "As of June 30, 2024, Lotus Technology had 207 stores in its global distribution network, and it plans to continue expanding its retail network. In 2023 and the six months ended June 30, 2024, Lotus Technology delivered a total of 6,970 and 4,873 vehicles, respectively, consisting of lifestyle vehicles and Lotus-br...
What are the ESG achievements of Lotus Technology?
[ "Guided by the same principle of the Lotus brand and in collaboration with Lotus UK, the new Environmental, Social and Governance (ESG) Charter formalizes the activities that Lotus Technology has been carrying out. As Lotus Technology transforms rapidly to become a global pioneer of electric performance vehicles, t...
[ "Since its inception, Team Lotus has won multiple Formula 1 championships, including 6 “FIA Formula 1 Drivers’ World Championships,” 7 “FIA Formula 1 Constructors’ World Championships,” and 81 “FIA Formula 1 Grand Prix Wins.” The Lotus brand was also awarded “Luxury Brand of the Year” at the prestigious “Luxury Bri...
What are the achievements of Lotus Technology in intelligent driving?
[ "● Intelligent driving hardware. Lotus Technology has invested significant resources into the development of hardware, and L4-ready hardware is embedded in its vehicles. The deployable LiDAR technology is capable of all-around perception coverage with seven HD cameras of eight-megapixel, six long/short-range millim...
[ "The one-box brake system is another highlight that increases vehicle flexibility, where a de-coupled system design enables a sports car-like brake pedal feel in combination with improved energy regeneration during braking maneuvers. Lotus Intelligent Driving research and development commenced as early as 2018. Lot...
What are the sales figures for the intelligent driving business (Lotus Robots)?
[ "Lotus achieved a 136% year-on-year increase in deliveries, maintaining its position as a top-performing luxury car brand among global competitors. The company delivered over 7,600 vehicles in the first nine months of 2024, making it the top seller among British luxury car brands. Four models were in delivery, each...
[ "Can you introduce the situation of the company recently disclosing to multiple automakers the output of intelligent driving solutions? As the intelligent driving business continues to develop, Lotus Technology expects this business to continue contributing high profit revenue and driving rapid growth in the compan...
Can you introduce the Product P1 service for Lotus Technology's intelligent driving?
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
[ "title: 4. Can you introduce the situation of the company recently disclosing to multiple automakers the output of intelligent driving solutions? \nLotus Robotics, a subsidiary of Lotus' intelligent driving business, has partnered with several leading automotive manufacturers to provide industry partners with inte...
What is the Vision80 plan of Lotus Technology? What is the Win26 plan of Lotus Technology?
[ "The Vision80 strategy is dedicated to reviving the Lotus brand globally by focusing on customer satisfaction and shareholder returns. Under this strategy, the Win26 Plan aims for positive operating cash flow and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) by 2026. Furthermore, Vision80...
[ "Lotus is advancing its sustainability and electrification efforts through the Vision 80 strategy, focusing on intelligent performance. This strategy includes the introduction of the Electric Lotus Driving Experience, which aims to enhance driving pleasure and further sustainability goals. Key developments in their...
What are the sales figures for Lotus Technology from January to October 2024?
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
[ "How was Lotus Technology's performance in the first half of the year? Total revenue for the first half of 2024 was $398 million, representing a year-on-year increase of 206%. Lotus Technology's Average Selling Price (ASP) remained above $100,000, achieving growth far exceeding the industry and luxury car segment. ...
What are the sales contributions of the European and Chinese markets for the first 10 months?
[ "In the first nine months of 2024, Lotus Robotics reported a revenue of $19 million, which represents a year-over-year growth of 217%. The revenue from other customers soared to $11 million, marking a 450% increase as the external customer base expanded. Additionally, the revenue from Lotus itself grew to $8 millio...
[ "Why is the sales volume in China low? China is a new market for Lotus. In the first half of this year, China contributed 25% of the brand's deliveries, while historically, China contributed only about 5% of Lotus's sales. In the context of a sharp decline in sales of luxury brands in China during the first half of...
Which markets are already selling Product P1?
[ "Lotus Technology has started deliveries of the Product P1 to new markets, including the Gulf Cooperation Council region, New Zealand, India, and Egypt, following deliveries in Southeast Asia. Production orders for the Product P1 have begun for new markets such as Australia, Japan, and Korea. Lotus Technology also ...
[ "The global luxury battery electric vehicle (BEV) market, as defined by BEVs with a manufacturer's suggested retail price (MSRP) of over US$80,000, is expected to grow rapidly. However, the global luxury BEV market is currently underserved, with only approximately 10 existing luxury BEV models, compared to over 100...
Who is the actual controller of Lotus Technology?
[ "As of the date of this prospectus, Person H1 indirectly owns more than 50% of the aggregate voting power of Lotus Technology's total issued and outstanding share capital. As a result, Lotus Technology qualifies as a “controlled company” within the meaning of Nasdaq’s corporate governance standards and has the opti...
[ "As a foreign private issuer, Lotus Technology is also not subject to the requirements of Regulation FD (Fair Disclosure) promulgated under the Exchange Act. These exemptions and leniencies reduce the frequency and scope of information and protections available to shareholders in comparison to those applicable to s...
Is Lotus Technology a publicly listed company?
[ "Lotus Technology is an exempted company incorporated in the Cayman Islands and listed on Nasdaq as a foreign private issuer. Nasdaq listing rules permit a foreign private issuer like Lotus Technology to follow the corporate governance practices of its home country. Certain corporate governance practices in the Cay...
[ "means NASDAQ, NYSE, or any other internationally recognized stock exchange on which any securities of Lotus Technology are listed for the time being;", "However, the information that Lotus Technology is required to file with or furnish to the SEC will be less extensive and less timely compared to that required t...
On which exchange is Lotus Technology Inc's stock traded? What is the stock ticker for Lotus Technology Inc?
[ "Lotus Technology's ADSs and Warrants are currently listed on Nasdaq under the symbols “LOT” and “LOTWW,” respectively. The Selling Securityholders may use any one or more of the following methods when selling the securities offered by this prospectus: ● purchases by a broker-dealer as principal and resale by such ...
[ "means NASDAQ, NYSE, or any other internationally recognized stock exchange on which any securities of Lotus Technology are listed for the time being;", "See “Risk Factors   —   Risks Relating to Our Securities   —   As a company incorporated in the Cayman Islands and a “controlled company” within the meaning...
Who are the core management team of Lotus Technology?
[ "[Table Level]\n- Table Title: Directors and Executive Officers\n- Table Summary: The table lists the directors and executive officers of Lotus Technology, providing their names, ages, and positions within the organization. This information offers insights into the leadership structure and experience of Lotus Techn...
[ "[Table Level]\n- Table Title: Directors and Executive Officers\n- Table Summary: This table presents information about key directors and executive officers of Lotus Technology, including their names, ages, and current position titles. It highlights the leadership team’s structure within the company.\n- Context: Lo...
What is the global number of Lotus Technology stores? How many countries and regions has Lotus Technology entered for daily use vehicles?
[ "As such, Lotus Technology has established a Global Commercial Platform to distribute Lotus branded vehicle models, including the Product P1, Product P2, and future BEV models, as well as certain sports car models that were or will be developed and manufactured by Lotus UK, such as the Product P3 (BEV sports car) a...
[ "Lotus UK has developed a Global Commercial Platform for the sales and distribution of its vehicles and sports cars. As of December 31, 2023, Lotus UK had 215 stores in its global distribution network. Luxury Retailing Experience for Customers Aiming to provide a future-proof, luxurious customer experience, Lotus T...
Who are the major shareholders of Lotus Technology?
[ "*[Table Level]\n- Table Title: Ownership of Ordinary Shares by Directors, Executive Officers, and 5.0% Shareholders\n- Table Summary: The table provides an overview of the ownership of ordinary shares by specific directors, executive officers, and major shareholders. It details both the number of ordinary shares h...
[ "The equity interests of Lotus Tech UK and Lotus GmbH were transferred to Lotus Technology Corporation on December 29, 2021, and June 24, 2022, respectively. On November 4, 2021, Lotus Technology Corporation entered into trademark license agreements with a related party, Group Lotus Limited, a wholly-owned subsidia...
What is the global sales volume for Lotus Technology as of the second quarter?
[ "How was Lotus Technology's performance in the first half of the year? Total revenue for the first half of 2024 was $398 million, representing a year-on-year increase of 206%. Lotus Technology's Average Selling Price (ASP) remained above $100,000, achieving growth far exceeding the industry and luxury car segment. ...
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
What is the expected sales volume for Lotus Technology in 2024?
[ "What is the reason for the company's sales forecast adjustment?Based on Lotus Technology's prudent assessment of the global macro market environment and the uncertainty of tariffs, Lotus Technology has adjusted the delivery forecast for 2024 to 12,000 units." ]
[ "How was Lotus Technology's performance in the first half of the year? Total revenue for the first half of 2024 was $398 million, representing a year-on-year increase of 206%. Lotus Technology's Average Selling Price (ASP) remained above $100,000, achieving growth far exceeding the industry and luxury car segment. ...
What is the long-term strategic goal of Lotus Technology?
[ "The Lotus brand is closely associated with “customer engagement” and “community building,” and in order to provide customers with a luxurious experience, Lotus Technology has adopted a direct-to-consumer global sales and distribution strategy that focuses on establishing and developing direct relationships with cu...
[ "What is Lotus Technology's future guidance?Lotus Technology's annual delivery target is 12,000 units, with year-over-year growth exceeding 70%. Through the Win26 program, Lotus Technology aims to achieve positive cash flow and profitability by 2026.", "By building upon Lotus Technology's iconic sports car reputa...
What is the relationship between Lotus Technology and LVMH?
[ "This relationship provides L Catterton with direct access to LVMH’s most senior executives, global consumer insights, industry network and contacts, differentiated investment deal flow, and collaboration on operating best practices. L Catterton retains sole discretion over all investment and portfolio management d...
[ "Lotus Technology Inc. (“the Company”), an exempted company with limited liability, was incorporated in the Cayman Islands on August 9, 2021. The Company, through its wholly owned subsidiaries, consolidated variable interest entity (“VIE”) and VIE’s subsidiaries (collectively, “the Group”), is primarily engaged in ...
On September 27, 2024, a share transfer agreement was signed between LTIL and Geely UK Limited. The agreement outlines the terms and conditions under which LTIL will transfer a specified number of shares to Geely UK Limited. The document includes details on the transfer process, the consideration for the shares, and the obligations of both parties. It also addresses any warranties, representations, and indemnities related to the transaction. The agreement is subject to compliance with relevant laws and regulations and includes provisions for dispute resolution and governing law.
[ "Lotus Technology Innovative Limited (the “LTIL”), a wholly-owned subsidiary of Lotus Technology Inc., recently entered into a share sale and transfer agreement (the “Share Transfer Agreement”) with Geely UK Limited (“Geely”), pursuant to which LTIL agrees to sell, and Geely agrees to purchase, 800,000 shares in Lo...
[ "Under the terms of the agreement, Lotus Technology received a non-exclusive, perpetual, irrevocable, and non-sublicensable license for the electric automotive chassis and autonomous driving technology platform, referred to as the “Geely License,” with a consideration of US$288.9 million. The Geely License is contr...
What is the equity structure of LTIC after the share transfer agreement signed on September 27, 2024?
[ "Lotus Technology Innovative Limited (the “LTIL”), a wholly-owned subsidiary of Lotus Technology Inc., recently entered into a share sale and transfer agreement (the “Share Transfer Agreement”) with Geely UK Limited (“Geely”), pursuant to which LTIL agrees to sell, and Geely agrees to purchase, 800,000 shares in Lo...
[ "Concurrent with the execution of the Original Merger Agreement, on January 31, 2023, Lotus Technology Corporation (LTC) entered into a put option agreement with each of Geely and Etika, pursuant to which each of Geely and Etika is granted the right to require LTC to purchase all of the equity interests held by eac...
What is the consideration for the transfer of LTIC shares to Geely UK Limited?
[ "Lotus Technology Innovative Limited (the “LTIL”), a wholly-owned subsidiary of Lotus Technology Inc., recently entered into a share sale and transfer agreement (the “Share Transfer Agreement”) with Geely UK Limited (“Geely”), pursuant to which LTIL agrees to sell, and Geely agrees to purchase, 800,000 shares in Lo...
[ "Concurrent with the execution of the Original Merger Agreement, on January 31, 2023, Lotus Technology Corporation (LTC) entered into a put option agreement with each of Geely and Person H1, pursuant to which each of Geely and Person H1 is granted the right to require LTC to purchase all of the equity interests hel...
What was the most recent financing transaction announced by Lotus Technology? What are the specific details of this transaction?
[ "[Table Level]\n- Table Title: Exhibit Documents Summary\n- Table Summary: This table lists various exhibits related to agreements, consents, and documents involving Lotus Technology Inc. and associated parties. Each exhibit is referenced by its exhibit number accompanied by a brief description of its content and c...
[ "(i) Merger Transaction On February 22, 2024, the Merger Transaction was completed as disclosed in note 1(b). (ii) Private Investment in Public Equity (PIPE) Investments On February 15, 2024, Lotus Group entered into a new Private Investment in Public Equity (PIPE) investment agreement with an investor, as disclose...
What is Lotus Technology's view on the global luxury electric vehicle market? What is Lotus Technology's perspective on industry competition?
[ "The growth of the global luxury car segment is expected to outpace that of the overall car market, growing at a CAGR of 10% from 2021 to 2031, according to Oliver Wyman. Additionally, driven by regulatory tailwinds and increasing sustainability awareness, the total global battery electric vehicle (BEV) market is e...
[ "The Lotus brand is closely associated with “customer engagement” and “community building,” and in order to provide customers with a luxurious experience, Lotus Technology has adopted a direct-to-consumer global sales and distribution strategy that focuses on establishing and developing direct relationships with cu...
What are the differences between the three versions of the Product P1?
[ "The company also plans to upgrade its models on an ongoing basis. Product P1 is the first of Lotus Technology's new breed of pure electric SUVs. It is the company's first lifestyle vehicle, which aims to set the standard for future lifestyle vehicles. The five-seater (four-seater as optional) measures 5,103 millim...
[ "The Product P1 is the first of Lotus Technology's new breed of pure electric SUVs. It is the company's first lifestyle vehicle, which aims to set the standard for future lifestyle vehicles. The five-seater (four-seater as optional) measures 5,103 millimeters in length with a 3,019-millimeter wheelbase, providing c...
Is Lotus Technology still selling gasoline cars?
[ "Lotus Technology's ability to successfully operate its Global Commercial Platform will affect its ability to increase revenues. Lotus Technology has taken steps to diversify its revenue sources, for example, by entering into the Distribution Agreement with Lotus UK, pursuant to which Lotus Technology is the exclus...
[ "Lotus Technology is a pioneering luxury battery electric vehicle (BEV) maker that designs and develops luxury lifestyle vehicles (non-sports car vehicles for daily usage) under the iconic British brand “Lotus” and sells all Lotus-branded cars. With over seven decades of racing heritage and proven leadership in the...
Lotus Technology operates as a subsidiary under the Geely Holding Group. The company is led by a board of directors, including Person H1 as the Chairman and Person H2 as the CEO. Lotus Technology focuses on the development and production of advanced electric vehicles, with a product lineup that includes Product P1 and Product P2. The company also collaborates with other Geely subsidiaries to leverage shared technologies and resources.
[ "The following diagram illustrates Lotus Technology Corporation's corporate structure, including its principal and other subsidiaries as of the date of this prospectus: LTC is not an operating company but a Cayman Islands holding company. LTC conducts its operations through its subsidiaries in China and Europe, and...
[ "This summary highlights selected information from this prospectus. It may not contain all of the information that is important to you. You should carefully read the entire prospectus and the other documents referred to in this prospectus. You should carefully consider, among other things, Lotus Technology's consol...
Is Lotus Technology structured as a VIE (Variable Interest Entity)?
[ "Lotus Technology’s involvement with the Variable Interest Entities (VIEs) under the VIE Arrangements affected Lotus Technology’s consolidated financial position, consolidated and combined results of operations, and cash flows as indicated below. Pursuant to the Restructuring, Lotus Technology ceased to consolidate...
[ "imposing fines or confiscating any of the Variable Interest Entities’ income that the authorities deem to have been obtained through illegal operations; ● imposing conditions or requirements with which Lotus Technology's subsidiaries or the Variable Interest Entities (VIEs) may not be able to comply; ● requiring L...
What are the delivery volumes of sports cars and lifestyle vehicles for Lotus Technology in Q1, Q2, and Q3 of 2024?
[ "As of June 30, 2024, Lotus Technology had 207 stores in its global distribution network, and it plans to continue expanding its retail network. In 2023 and the six months ended June 30, 2024, Lotus Technology delivered a total of 6,970 and 4,873 vehicles, respectively, consisting of lifestyle vehicles and Lotus-br...
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
What are the delivery volumes of Lotus Technology in China, the United States, Europe, and other markets for Q1, Q2, and Q3 of 2024?
[ "New York – November 12, 2024 – Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first ten months of 2024. Lotus Technology Inc. continues to achieve top-rate growth among traditional luxury car brands, ...
[ "In 2023 and the six months ended June 30, 2024, Lotus Technology delivered a total of 6,970 and 4,873 vehicles, respectively, consisting of lifestyle vehicles and Lotus-brand sports cars that were distributed through Lotus Technology International Limited (LTIL). As of June 30, 2024, Lotus Technology had 2,989 ful...
Does Lotus Technology own the Lotus brand?
[ "On November 4, 2021, Lotus Technology Inc. entered into trademark license agreements with a related party (“Trademark License Agreements”), Group Lotus Limited, a wholly owned subsidiary of LGIL, which is ultimately controlled by the Controlling Shareholder of Lotus Technology Inc. Pursuant to the Trademark Licens...
[ "Lotus Technology is a leading global intelligent and luxury mobility provider that designs and develops luxury lifestyle vehicles (non-sports car vehicles for daily usage) under the iconic British brand “Lotus” and sells all Lotus-branded cars. With over seven decades of racing heritage and proven leadership in th...
What is Zeekr's gross profit level in 2024?
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
[ "Less than 10% of Zeekr Group's total revenue", "Zeekr experienced an unstable and volatile revenue performance. The company's total revenue increased significantly by RMB25,371.9 million, or approximately 388.7%, from RMB6,527.5 million in 2021 to RMB31,899.4 million (US$4,625.0 million) in 2022. The increase wa...
Where is the headquarters of Zeekr located?
[ "The CEO \nZEEKR Intelligent Technology Holding Limited \nNo. 1388 Minshan Road \nXinqi Street, Beilun District \nNingbo, Zhejiang \nPeople’s Republic of China \n+86 400-003-6036 \nAn attorney \nAnother attorney \nDavis Polk & Wardwell LLP \nc/o 10 Floor, The Hong Kong Club \nBuilding 3A Chater Road \nC...
[ "Zeekr deploys cutting-edge autonomous driving technology into its Model C by world-leading players such as Mobileye and has also announced its plan to integrate Product A, the 2,000 TOPS AV superchip, into its centralized vehicle computer for the next generation intelligent Model C. Zeekr also offers an intelligen...
What is the growth potential of Zeekr in 2024?
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
[ "Currently, Zeekr mainly markets and sells its products in China, the largest BEV market globally in 2023, according to Frost & Sullivan. Zeekr has started to deliver Product A in Europe in December 2023. In the future, Zeekr also plans to supply vehicles for the Waymo One Fleet in the United States. For details of...
What is the revenue scale of Zeekr in 2024? What is the growth potential of Zeekr in 2024?
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
[ "HANGZHOU, China, May 15, 2025 -- ZEEKR Intelligent Technology Holding Limited (“Zeekr Group” or the “Company”) (NYSE: ZK), the world's leading premium new energy vehicle group, today announced its unaudited financial results for the first quarter ended March 31, 2025.", "HANGZHOU, China, June 1, 2025 – ZEEKR Int...
What is the relationship between Zeekr and Product A?
[ "These competitive advantages enable Zeekr to quickly incorporate customer needs and concepts into its products and manage the complex operation process to achieve the fast ramp-up of production and deliveries. Zeekr also leverages Geely Group’s advanced and well-established manufacturing capacity, which helps reta...
[ "Zeekr plans to use Product A to optimize performance and reliability of Zeekr's Model C. In particular, such devices will enhance the driving range of Zeekr's vehicles as they deliver higher power and thermal efficiency and reduce the size and weight of Model C’s main drive inverter. Zeekr has built extensive part...
What is Zeekr's cash flow situation in 2024?
[ "Zeekr's primary sources of liquidity have been through the operation of the business, financial support from the controlling shareholder, bank borrowings, and equity financing activities, which have historically been sufficient to meet Zeekr's working capital, business needs, in particular Zeekr's research and dev...
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
What is the overview of Zeekr?
[ "Zeekr is a fast-growing Model C technology company. Through developing and offering next-generation premium Model Cs and technology-driven solutions, Zeekr aspires to lead the electrification, intelligentization, and innovation of the automobile industry. Since its inception, Zeekr has focused on innovation in Mod...
[ "Less than 1.0% of Zeekr's total amount", "The European Model C market has significant size and growth potential, which is expected to reach 4.9 million units in sales volume in 2027, representing a CAGR of 23.8% from 2023 to 2027, according to Frost & Sullivan. In the future, Zeekr also plans to tap into the Mod...
Does Zeekr use a VIE structure?
[ "ZEEKR Intelligent Technology is a holding company with no operations of its own. ZEEKR Intelligent Technology conducts its business operations through its subsidiaries, including its subsidiaries in China. Under this holding company structure, investors in the American Depositary Shares (ADSs) are purchasing equit...
[ "Zeekr's self-developed electrical and electronic architecture, or $\\mathrm { E / E }$ Architecture, is an integrated system that controls core vehicle functions relating to passenger comfort, convenience, and connectivity. This architecture converges electronics hardware, network communications, software applicat...
Where is the headquarters of Zeekr located?
[ "The CEO \nZEEKR Intelligent Technology Holding Limited \nNo. 1388 Minshan Road \nXinqi Street, Beilun District \nNingbo, Zhejiang \nPeople’s Republic of China \n+86 400-003-6036 \nAn attorney, Esq. \nAnother attorney, Esq. \nDavis Polk & Wardwell LLP \nc/o 10 Floor, The Hong Kong Club \nBuilding 3A Chat...
[ "Zeekr deploys cutting-edge autonomous driving technology into its Product A by world-leading players such as Mobileye and has also announced its plan to integrate NVIDIA DRIVE Thor, the 2,000 TOPS AV superchip, into its centralized vehicle computer for the next generation intelligent Product A. Zeekr also offers a...
What is Zeekr's asset-liability level in 2024?
[ "[Table Level]\n- Table Title: Summary Combined and Consolidated Balance Sheet Data\n- Table Summary: The table provides a detailed overview of the financial position of Zeekr as of December 31 for the years 2021, 2022, and 2023. It highlights key financial metrics such as current assets, total assets, current liab...
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
What is the business model for Zeekr?
[ "Zeekr's co-founder and CEO the CEO has over 25 years’ experience in multiple executive management positions in Geely Group and accumulated profound industry insights and senior management experience with an excellent track record. In addition to Zeekr, the CEO has successfully established, developed, and operated ...
[ "Zeekr is a fast-growing battery electric vehicle (BEV) technology company developing and offering next-generation premium BEVs and technology-driven solutions to lead the electrification, intelligentization, and innovation of the automobile industry. Zeekr is an independently-run startup-style company led by key m...
What is the target market for Zeekr? Who are the competitors of Zeekr?
[ "Zeekr is strategically focused on the design, engineering, development, and sales of premium battery electric vehicles (Model C) featuring cutting-edge technology, drivability, and user experience. Zeekr leverages extensive research and development capabilities, deep industry know-how, and synergies with Geely Gro...
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
What is the level of autonomous driving technology for Zeekr? What autonomous driving solution does Zeekr use?
[ "HANGZHOU, China, February 01, 2025 – \nZEEKR Intelligent Technology Holding Limited (\"ZEEKR\" or the \"Company\") (NYSE: ZK), a global premium electric mobility technology company, today announced ZEEKR's delivery results for January 2025. ZEEKR delivered 11,942 vehicles in January 2025. As of the end of January...
[ "Zeekr is a fast-growing battery electric vehicle (BEV) technology company. Through developing and offering next-generation premium BEVs and technology-driven solutions, Zeekr aspires to lead the electrification, intelligentization, and innovation of the automobile industry. Since its inception, Zeekr has focused o...
Where are Zeekr cars produced?
[ "Zeekr takes a lean production approach whereby Zeekr aims to optimize operating efficiency and product quality. • For manufacturing of Model C. Currently, Zeekr's vehicles are manufactured at the Product A Factory or the Chengdu Factory pursuant to the Product A Factory Cooperation Framework Agreements or the Chen...
[ "Zeekr is a fast-growing battery electric vehicle (BEV) technology company developing and offering next-generation premium BEVs and technology-driven solutions to lead the electrification, intelligentization, and innovation of the automobile industry. Zeekr is an independently-run startup-style company led by key m...
What is Zeekr's new car plan in 2025? Is Zeekr planning to launch gasoline-powered cars in 2025?
[ "The development and sales of battery electric vehicles (BEVs) is Zeekr's business focus and contribute to an increasing portion of Zeekr's revenue since the launch of Product A, Zeekr's first mass-produced BEV model. Zeekr released Product A (2024 model) in February 2024 and started vehicle delivery in March 2024....
[ "In January 2025, Zeekr made a significant appearance at CES 2025 in Las Vegas, unveiling a series of strategic initiatives and technological advancements in intelligent mobility. The event highlighted Zeekr’s cutting-edge innovations in smart cockpit technology, autonomous driving, global charging infrastructure, ...
What are the main competitive advantages of Zeekr?
[ "As a premium Model C brand incubated by Geely Group, Zeekr inherits unique competitive edges from Geely Group that are developed through years of execution experience at the frontier of the industry, such as innovative and agile engineering capabilities, robust R&D capabilities, deep industry expertise, extreme at...
[ "Zeekr is a fast-growing Model C technology company. Through developing and offering next-generation premium Model Cs and technology-driven solutions, Zeekr aspires to lead the electrification, intelligentization, and innovation of the automobile industry. Since its inception, Zeekr has focused on innovation in Mod...
What is the product matrix for Zeekr?
[ "ZEEKR (NYSE: ZK) is a global premium electric mobility technology brand from Geely Holding Group. ZEEKR aims to create a fully integrated user ecosystem with innovation as a standard. ZEEKR utilizes Sustainable Experience Architecture (SEA) and develops its own battery technologies, battery management systems, ele...
[ "These competitive advantages enable Zeekr to quickly incorporate customer needs and concepts into its products and manage the complex operation process to achieve the fast ramp-up of production and deliveries. Zeekr also leverages Geely Group’s advanced and well-established manufacturing capacity, which helps reta...
What platform are Zeekr's Product A and Product B developed on?
[ "The development of Zeekr's Model C is powered by SEA, a set of open-source, electric and modularized platforms owned by Geely Holding compatible with A segment to E segment, covering sedan, SUV, MPV, hatchback, roadster, pickup truck, and robotaxi, which have a wheelbase mainly between 1,800 mm to 3,300 mm. Zeekr ...
[ "Through developing and offering next-generation premium Model C and technology-driven solutions, Zeekr aspires to lead the electrification, intelligentization, and innovation of the automobile industry. Since its inception, Zeekr has focused on innovation and technological advancement in Model C architecture, hard...
What is the sales contribution of different Zeekr models in 2024?
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
[ "Typically, customers would expect an original equipment manufacturer (OEM) to frequently offer and improve vehicle models. However, Zeekr only had one mass-produced battery electric vehicle (BEV) in the market before the end of 2022, and Zeekr's business substantially depended on the sales and success of Product A...
What is the service revenue in Zeekr's revenue in 2024?
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
[ "Zeekr experienced an unstable and volatile revenue performance. For example, Zeekr's total revenue increased significantly by RMB25,371.9 million, or approximately 388.7%, from RMB6,527.5 million in 2021 to RMB31,899.4 million (US$4,399.1 million) in 2022. The increase was primarily due to the rise in (i) vehicle ...
What is the professional background of Zeekr's chairman?
[ "A founder established Zeekr and currently serves as Zeekr's chairman. The individual is a successful serial entrepreneur with over 35 years of investment and management experience in the automobile manufacturing business in China. The individual is currently the chairman of the board of directors of Geely Holding,...
[ "Zeekr is a fast-growing Model C technology company developing and offering next generation premium Model C and technology-driven solutions to lead the electrification, intelligentization, and innovation of the automobile industry. Zeekr is an independently-run startup-style company relying on its in-house R&D capa...
What are the main risks faced by Zeekr?
[ "According to the 2021 Negative List, Zeekr and its PRC subsidiaries, which are foreign invested enterprises, or FIEs, are prohibited from directly carrying out surveying and mapping activities in China. As such, Zeekr is not able to obtain the qualification certificate on surveying and mapping independently but in...
[ "Any such circumstance could significantly limit or completely hinder Zeekr's ability to continue to offer securities to investors and cause the value of such securities to significantly decline or be worthless.", "If any of these factories experiences any such issues or delays, Zeekr's business, prospects, opera...
Why did Geely decide to privatize Zeekr?
[ "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. Geely Automobile Holdings Limited \nSignature: /s/ the CEO \nthe CEO/Chief Executive Officer \nName/Title: Executive Director \nDate: 05/07/2025 Luckvi...
[ "Zeekr is a fast-growing Model C technology company developing and offering next generation premium Model Cs and technology-driven solutions to lead the electrification, intelligentization, and innovation of the automobile industry. Zeekr is an independently-run startup-style company relying on its in-house R&D cap...
What is the relationship between Geely and Zeekr?
[ "Additionally, Geely Holding is a controlling shareholder of Geely Auto and Zeekr Intelligent Technology is dependent on Geely Holding for the continued use of SEA and the manufacturing of its battery electric vehicles (Model C), which are both critical to Zeekr Intelligent Technology's business. Zeekr Intelligent ...
[ "To successfully achieve Zeekr's mission, Zeekr assembled a top-notch management team with diversified yet complementary backgrounds and experiences. Zeekr's management team possesses entrepreneurial spirit, deep automotive and technology sector expertise along with customer-centric operation experience, which are ...
What is the impact of the pandemic on Zeekr's business in 2024?
[ "During the COVID-19 pandemic, especially the outbreak of the Omicron variant in the first half of 2022, Zeekr's production and delivery experienced temporary delays. For details, see “— Impact of COVID-19 on Our Operations and Financial Performance.”", "However, uncertainties remain as to whether and to what ext...
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
What is the composition of Zeekr's board of directors?
[ "(ii) result in any violation, breach, conflict, default or event of default (or an event which with notice, lapse of time, or both, would constitute a default or event of default), or give rise to any right of acceleration or termination or any additional payment obligation, under the terms of any material contrac...
[ "Zeekr is a fast-growing Model C technology company developing and offering next generation premium Model Cs and technology-driven solutions to lead the electrification, intelligentization, and innovation of the automobile industry. Zeekr is an independently-run startup-style company relying on its in-house R&D cap...
What is Zeekr's strategic plan?
[ "\"In the fourth quarter, Zeekr Group achieved a historic milestone with its highest delivery volume since inception, delivering 79,250 units—nearly double that of the same period last year,” said the CEO of Zeekr Group. “Zeekr Group also completed the strategic integration of Zeekr and Lynk & Co in just three mont...
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
What is the equity structure of Zeekr?
[ "HANGZHOU, China, July 15, 2025 (PRNewswire) -- ZEEKR Intelligent Technology Holding Limited (“Zeekr Group” or the “Company”) (NYSE: ZK), the world’s leading premium new energy vehicle group, today announced that Zeekr Group has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Geely Automo...
[ "Zeekr's shareholders do not have preemptive rights.", "Less than 1.0% of Zeekr's total amount", "Less than 10% of Zeekr Group's total revenue", "The shares held by each of these directors and executive officers represent less than 1% of Zeekr's total outstanding shares. (1) Certain awards shown in this table...
What is the impact of overseas tariffs on Zeekr's sales in 2024?
[ "inability to obtain, maintain, or enforce intellectual property rights; unanticipated changes in prevailing economic conditions and regulatory requirements; ineligibility for tax credits or other incentives offered by governments in these markets; and \nadverse impact from economic sanctions and trade barriers su...
[ "While Zeekr has historically sold substantially all of its battery electric vehicles (Model C) in China, Zeekr has been exploring opportunities to expand into international markets. For example, Zeekr started to deliver Product A in Europe in December 2023, through its self-owned stores and local dealers. In 2024,...
What is Zeekr's global sales network in 2024?
[ "Currently, Zeekr mainly markets and sells its products in China, the largest BEV market globally in 2023, according to Frost & Sullivan. Zeekr has started to deliver Product A in Europe in December 2023. In the future, Zeekr also plans to supply vehicles for the Waymo One Fleet in the United States. For details of...
[ "In January 2025, Zeekr made a significant appearance at CES 2025 in Las Vegas, unveiling a series of strategic initiatives and technological advancements in intelligent mobility. The event highlighted Zeekr’s cutting-edge innovations in smart cockpit technology, autonomous driving, global charging infrastructure, ...
What is Zeekr's sales performance in 2024?
[ "Zeekr's gross profit increased by 81.7% from RMB6,850.5 million in 2023 to RMB12,447.5 million (US$1,705.3 million) in 2024, which was primarily due to (i) an increase in gross profit from vehicle sales from RMB5,080.2 million in 2023 to RMB8,650.3 million (US$1,185.1 million) in 2024; (ii) an increase in gross pr...
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
What is Zeekr's business outlook in 2025?
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
[ "Zeekr's revenue from vehicle sales amounted to RMB1,544.3 million and RMB19,671.2 million (US$2,712.8 million) in 2021 and 2022, and RMB5,296.7 million and RMB13,175.4 million (US$1,817.0 million) in the six months ended June 30, 2022 and 2023, respectively, with a gross profit margin of 1.8%, 4.7%, 4.7%, and 12.3...
What is the size of Zeekr's IPO in 2024? What is the pricing of Zeekr's IPO in 2024?
[ "Zeekr Innovation currently holds a 100% equity interest in Zeekr Tech EU through Zhejiang ZEEKR. In November 2022, Zeekr launched its second BEV model, Product A, and started delivery in January 2023. Zeekr later launched and started the delivery of Product B, a luxury version of Product A featuring enhanced safet...
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
What is Zeekr's sales network in China in 2024?
[ "The offline sales and service network consists of Location A, Location B, Location C, and Location D. As of December 31, 2022, Zeekr had 15 Location As, 195 Location Bs, 26 Location Cs, and 24 Location Ds in China. Zeekr plans to further expand its physical sales and service network. This planned expansion may not...
[ "Zeekr is a market player with a China focus and global aspirations. Currently, Zeekr mainly markets and sells its products in China, the largest Model C market globally in 2023, according to Frost & Sullivan. Zeekr has started to deliver Product A in Europe in December 2023. In the future, Zeekr also plans to supp...
What is Zeekr's market capitalization in 2024? What is Zeekr's liquidity situation in 2024?
[ "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 million, RMB7,655.1 million, and RMB8,264.2 mill...
[ "Less than 1.0% of Zeekr's total amount", "Less than 10% of Zeekr Group's total revenue", "Zeekr is strategically focused on the design, engineering, development, and sales of premium battery electric vehicles (BEVs) featuring cutting-edge technology, drivability, and user experience. Zeekr leverages extensive ...
What is the number of Zeekr's outstanding shares in 2024?
[ "As of the date of this Agreement, 2,561,728,021 Zeekr Shares are issued and outstanding (including 470,236,910 Zeekr Shares represented by Zeekr ADSs and excluding 21,618,233 Zeekr Shares that were deemed issued but not outstanding in relation to the Zeekr Incentive Plan), and no other Zeekr Shares or any other cl...
[ "Less than 1.0% of Zeekr's total amount", "Zeekr's total revenue amounted to RMB6,527.5 million, RMB31,899.4 million, and RMB51,672.6 million (US$7,277.9 million) in 2021, 2022, and 2023, respectively, with a gross profit margin of 15.9%, 7.7%, and 13.3%, respectively. Zeekr recorded a net loss of RMB4,514.3 mill...
What is Zeekr's gross margin in 2024?
[ "Zeekr's gross profit increased by 81.7% from RMB6,850.5 million in 2023 to RMB12,447.5 million (US$1,705.3 million) in 2024, which was primarily due to (i) an increase in gross profit from vehicle sales from RMB5,080.2 million in 2023 to RMB8,650.3 million (US$1,185.1 million) in 2024; (ii) an increase in gross pr...
[ "Less than 10% of Zeekr Group's total revenue", "The decrease in gross profit was due to fewer R&D services provided by CEVT to external customers, and the decline in gross profit margin was caused by a lower agreed markup charged in internal projects.", "The decrease in gross profit was due to fewer R&D servic...