Wednesday, January 15, 2025

Car brand wants to Denmark: don't say they only build electric cars

The electric car brand Zeekr, owned by Geely, which also owns e.g. Volvo, dreams of coming to Denmark. Now they drop a bit of a bomb in the form of a plug-in hybrid with a petrol engine.

The electric car brand should really have been here. So in Denmark. But so far nothing has really happened.

But when the brand opens for sale, it might look a little different than the importer had originally imagined. Because Zeekr is no longer a purely electric car brand.

Similar to sister brand Polestar, where it is no longer ruled out that the hybrid car can make a comeback, Zeekr will launch a petrol car.

In connection with a briefing to investors on Zeekr's preliminary earnings, the brand's managing director made it clear that a plug-in hybrid will be sent to the market as early as next year.

READ ALSO: New rule may cause Tesla to lower the price in Denmark

This is written by several media – i.a. Cnevpost and Inside EV .

However, the car is no ordinary plug-in hybrid. In fact, the car, which Zeekr already considers the brand's top model, will technically resemble the Mazda MX-30. So an electric car with a combustion engine that helps the battery pack with the range.

According to Andy An, the car gets a completely new powertrain, which is not used in other Geely cars yet. This means that it is not Volvo-developed technology that is 'borrowed'. However, the car is also being developed in such a way that Zeekr can put a pure electric powertrain in the body.

– This innovative powertrain aims to provide the ultimate driving experience similar to that of electric cars, while delivering exceptional fuel efficiency at high speeds and an extended range, says the Zeekr top.

News of the alternative plug-in hybrid sent Zeekr's share price up 10 percent. However, it is still a lagging stock. Since the IPO back in May, Zeekr has fallen by 40 percent.

At 16.8 dollars (112 Danish kroner, ed.), the brand's share value is still higher than that of its sister brand Polestar, which is currently struggling to even survive on the stock exchange in New York.

The value of Zeekr's share is also significantly higher than Volvo's, which currently stands at just over SEK 30. This corresponds to 19.7 Danish kroner.

Read more exciting news from and about the world of cars right here!

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