Zeekr delivered 15,655 vehicles in July, down 22.14 percent from June, as it underwent a roughly three-week production line upgrade starting in late July.
Zeekr (NYSE: ZK) saw deliveries dip last month, as production was impacted by an upgrade to the production line at the premium electric vehicle (EV) subsidiary of Geely Holding Group.
Zeekr delivered 15,655 vehicles in July, up 30.04 percent from 12,039 a year earlier but down 22.14 percent from 20,106 in June, according to data it released today.
The company’s statement did not address the reason for the decline, though a spokesperson told CnEVPost that Zeekr conducted maintenance on its equipment during the hot summer month and retrofitted its production line to cope with the capacity needs of upcoming new models.
Zeekr is gearing up to challenge 30,000-unit deliveries in a single month in the fourth quarter, the spokesperson said.
So far this year, Zeekr has delivered 103,525 vehicles, up 89.36 percent year-on-year.
At the end of July, Zeekr’s cumulative deliveries since inception stood at 300,158 vehicles.
Earlier today, Zeekr announced that it reached its 300,000th delivery milestone, and mentioned upgrades to its production line.
As is customary in the automotive industry, the hot summer weather is usually a maintenance period for equipment, and Zeekr began a production line upgrade in late July for about three weeks, which will last until mid-August, the company said earlier today.
The line upgrade is designed to meet continued growth in new products and orders, and to provide better products and services to customers, Zeekr said.
In addition, the move is also to prepare capacity for Zeekr to challenge delivering 30,000 units in a single month in the fourth quarter of this year, it said.
Tank, the premium brand of Great Wall Motor, also announced on July 16 that it would shut down its three factories till the end of July for maintenance.
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