Geely's ZEEKR brand doubles EV sales in H1 2026, boosting revenues and investing in NIO's battery tech.

Geely Automobile Holdings Limited's premium ZEEKR brand nearly doubled its electric vehicle sales in the first half of 2026, reaching a record 178,000 units and generating over 55 billion yuan ($8.2 billion) in revenue. The company trades at a low price-to-revenue ratio of 0.28, making it an attractive investment in the competitive Chinese EV market. Geely also invested 30% in NIO's battery-swapping subsidiary to reduce long-term infrastructure costs, benefiting both firms. However, rising competition in China's EV sector may pressure profit margins as manufacturers rely on promotions to boost sales.

NIO shares trade at USD 3.37 on Pluang as of Oct 04, 2026 21:11 WIB, down 0.88% in one day. The stock's market cap stands at $8.61 billion with a 52-week low matching the current price. Pluang investors show strong interest, with 97% buy orders and an average holding period of 81 days. This trading activity highlights investor attention amid NIO's strategic battery deal with Geely.