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Geely's new EV-only premium sub-brand Zeekr aims at Tesla

Arif · Mar 22, 2021 11:58 AM

Geely's new EV-only premium sub-brand Zeekr aims at Tesla 01

In an effort to take on Tesla, Geely has announced its plans to launch a new premium EV brand, “Zeekr”. Zeekr will be housed under LingLing Technologies (Geely’s to-be-launched EV entity).

Automotive News Europe reports that Zeekr is Geely’s new attempt to go up-market, and is in line with founder and chairman Li Shufu’s long-held ambition to make premium cars.

Geely's new EV-only premium sub-brand Zeekr aims at Tesla 02

The brand's logo is yet to be revealed. What is known so far is that Zeekr will roll out models based on Geely’s open-source EV chassis, called the Sustainable Experience Architecture (SEA), announced in September 2020.

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Also Read: Volvo XC20 E-SUV to use Geely’s SEA platform, will Proton be next?

Geely's new EV-only premium sub-brand Zeekr aims at Tesla 01

Geely SEA platform

Zeekr is also considering rolling out a share ownership plan that allows customers to become shareholders of Lingling, which management hopes will boost sales and the relationship between brand and customers.

Departing from traditions to sell cars through dealerships, Geely will open showrooms or “hubs” in city centres to sell cars at a fixed price.

Geely's new EV-only premium sub-brand Zeekr aims at Tesla 02

Geely is also planning a broad array of sales and marketing strategies to seek deeper relationships with the EV buyers. It will open lifestyle lines for clothing and accessories and launch a car owner's club.

Geely's new EV-only premium sub-brand Zeekr aims at Tesla 03

Earlier this month, Geely had announced its plans to invest 4.6 billion USD for an EV battery factory in China. Geely’s investment in EVs is almost equivalent to that of European manufacturer, Volkswagen.

Also Read: Geely to invest almost USD 5 bil for EV battery factory, will Proton benefit from it?

Arif

Writer

Previously an engineer in an automotive manufacturing company and a highway concessionaire. A part-time research student on biofuels and diesel engines. Obsessed with vehicle electrification and the future of transportation.

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