Zeekr Group, a subsidiary of Geely Automobile Holdings, reported strong financial and operational results for the third quarter ending September 30, 2025. The company delivered 140,195 vehicles, a 12.5% increase year-over-year, driven by its Zeekr and Lynk & Co brands. Revenue reached RMB 31.56 billion ($4.4 billion), up 9.1% from the previous year, with a gross profit increase of 37.1%. The net loss significantly decreased by 84.9% to RMB 307 million ($43 million), compared to RMB 2.028 billion in Q3 2024, primarily due to higher sales and lower R&D expenses. Zeekr's gross margin improved to 19.2%, and vehicle margin rose to 15.6%. The company’s R&D expenses decreased by 8.6% year-over-year but increased 27.8% quarter-over-quarter. SG&A expenses rose 11.3% year-over-year, mainly due to increased marketing efforts. The company’s stock is rated a 'Buy' with a HK$21.50 target price, and the technical sentiment remains positive. Overall, Zeekr’s financial performance reflects robust market demand for new energy vehicles amidst expanding vehicle deliveries and improved profitability.