ZEEKR Showcases Commitment to Sustainable EV Innovation in 2024 Report

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) is one of the best young stocks to buy and hold for 5 years. Towards the end of May, ZEEKR Intelligent Technology announced the publication of its 2024 Sustainability Report. The report is available on the Sustainability section of the company’s investor relations website and highlights ZEEKR’s dedication to dual carbon management and proactive governance.

ZEEKR particularly emphasizes value-driven technological innovation through extensive R&D of cutting-edge technologies for intelligent electric mobility. The company aims to build industry-leading competence in self-developed intelligent technology and foster an all-inclusive ecosystem for intelligent pure EVs. By the end of 2024, ZEEKR’s cumulative R&D investment exceeded RMB 23.5 billion, which was an increase of over 16.14% year-over-year.

ZEEKR Showcases Commitment to Sustainable EV Innovation in 2024 Report

An iconic skyline of a major city, the towering buildings display the strength of the company’s regional banking success.

ZEEKR also established a full-field and whole-process product R&D mechanism with global R&D layouts. This includes a 3-tier management and decision-making structure. An R&D management process is in place to meet stringent compliance and certification requirements, such as the EU Whole Vehicle Type-Approval System.

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) is an investment holding company that researches, develops, produces, commercializes, and sells EVs and batteries.

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Disclosure: None. This article is originally published at Insider Monkey.