China's Automakers Post Mixed July Sales Amid Muted EV Demand [Financial Post (Toronto, Ontario, Canada)]
ZEEKR Intelligent Technology Holding Limited American Depositary Shares (each representing ten (10) Ordinary Shares) (ZK)
Company Research
Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Softening demand for electric vehicles weighed on China's automakers in July, with several posting steep month-on-month declines. Of the carmakers that have already reported monthly figures, Zeekr Intelligent Technology Holding Ltd., the EV brand of Geely Automobile Holdings Ltd., was hit hardest, announcing a 22% drop in sales from June to 15,655 units. A Zeekr spokesperson said that equipment checks and repairs along production lines are usually timed for the summer. Zeekr's production lines are also being adjusted to make several new models, the spokesperson said, adding that a monthly run rate of 30,000 units for one of the months in the fourth quarter is still the goal. Parent Geely reported a 9.2% slump in July sales while Great Wall Motor Co.'s decreased 6.9%. China's Passenger Car Association said last week that July sales of new-energy vehicles would likely b
Show less
Read more
Impact Snapshot
Event Time:
ZK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZK alerts
High impacting ZEEKR Intelligent Technology Holding Limited American Depositary Shares (each representing ten (10) Ordinary Shares) news events
Weekly update
A roundup of the hottest topics
ZK
News
- ZEEKR Announces August 2024 Delivery UpdatePR Newswire
- ZEEKR Intelligent Technology Holding Limited (NYSE: ZK) had its price target lowered by analysts at Bank of America Co. from $30.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
- ZEEKR Reports Second Quarter 2024 Unaudited Financial ResultsPR Newswire
- ZEEKR to Report Second Quarter 2024 Financial Results on August 21, 2024PR Newswire
- ZEEKR Announces July 2024 Delivery UpdatePR Newswire
ZK
Sec Filings
- 9/27/24 - Form S-8
- 9/3/24 - Form 6-K
- 8/21/24 - Form 6-K
- ZK's page on the SEC website