Chinese electric vehicle maker Zeekr has denied allegations that it sold zero-mileage used cars to boost reported sales figures. In a statement issued on Sunday, the company clarified that the vehicles in question were exhibition models that had been insured for display purposes but were neither sold nor registered.
The controversy emerged after reports by Reuters and the state-affiliated China Securities Journal alleged that Zeekr had pre-insured cars before selling them, artificially inflating its sales numbers. The reports sparked concerns over potential misrepresentation in the company’s sales practices.
Zeekr responded by asserting that it opposes the sale of zero-mileage used cars and emphasized its commitment to transparency. The company also announced the formation of an internal investigation team tasked with reviewing procedures and implementing necessary improvements to ensure regulatory compliance and public trust.
The EV industry in China has become increasingly competitive, with firms facing pressure to demonstrate growth amid slowing consumer demand and tighter regulatory scrutiny. Accusations of sales manipulation have surfaced in the past across various automakers, prompting authorities to crack down on reporting irregularities.
Zeekr, a premium electric brand under Geely Auto, has positioned itself as a key player in China’s high-end EV market, recently launching its G-Pilot smart driving solution. The company is actively expanding into global markets and relies heavily on consumer confidence and brand integrity.
As scrutiny intensifies, Zeekr’s swift response signals an effort to distance itself from unethical sales practices and preserve its image in a competitive EV landscape.


Merck's $6 Billion Bid for Terns Pharma Signals Bold Oncology Push
Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push
Delivery Hero Sells Taiwan Foodpanda to Grab for $600 Million in Debt-Reduction Push
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation
Rio Tinto's Resolution Copper Mine: U.S. Smelting Challenges and Global Operations Update
CK Hutchison's Panama Ports Dispute Escalates as Arbitration Claims Surpass $2 Billion
Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets
AWS Bahrain Region Disrupted by Drone Activity Amid Middle East Conflict
OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership
Air Canada Express Plane Collides with Ground Vehicle at LaGuardia Airport
SLMG Beverages Eyes Price Hikes Amid Rising Packaging Costs and India's Booming Soft Drink Market
Henkel in Advanced Talks to Acquire Olaplex at $2 Per Share
SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion
Citi Names Eric Farina and Rob Cascarino to Lead Global Infrastructure Financing Group
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco
9 Tips for Avoiding Tax Season Cyber Scams 



