Zero-Ran Becomes Second Profitable Force in Automotive Industry

Zero-Ran Automobile, a Hong Kong-listed company (9863.HK), announced its earnings forecasts for the fourth quarter of 2024, revealing that it has surpassed its annual target and become the second player to achieve profitability after one year. This is seen as a significant milestone for the company.

In addition, the official previously revealed that Zero-Ran's long-term strategic plan is to mass-produce mass-market cars and establish itself in the most extensive market first. However, the competition in this market is quite fierce, prompting the B series and C series to implement self-owned full-stack intelligent driving models by 2025.

During the fourth quarter of 2024, Zero-Ran Automobile delivered an average of over 40,000 vehicles per month, with sales revenue mostly comprised of the more expensive C series. The company's significant increase in sales volume and optimized product structure contributed to a substantial surge in its operating income, solidifying its first step towards achieving profitability.

More importantly, effective cost control, operational efficiency improvements, and other factors significantly contributed to the company's previous profit turnaround. With these advantages continuously propelling the company forward, Zero-Ran Automobile is predicted to maintain a stable profitable stance going forward.

Worth mentioning is the release of Zero-Ran Brand's brand-new entry-level compact SUV – Zero Ran B10 which completed registration early this year. B10 will set its focus on a lower price segment with 10-15 million CNY market targeting, scheduled for launch in March 2025. Adopting full-glass roofs and LED headlights as features within the frontal part of the car. Equipped with LED daylight driving lights, it also includes advanced fog lights.

In the rear section, Zero-Ran B10 applies to a contemporary through-lens tail lamp design, two lateral tails using abstract shapes, making them feel more "high-tech." Below the tail lamps is Leapmotor emblem – Zero Ran brand label. The high-position braking light above the rear windshield rounds off this new SUV.

From a physical standpoint, its body dimensions stand at 4515 * 1885mm and overall heights of 1655mm, while its wheelbase ranges around 2735mm. Its powertrain features an 160-kW electric motor powered by Jinhua Lingzong Technology Limited Company type number TZ180XY005 driving motor, with maximum power reaching 160 KW. A noteworthy point is that this vehicle will come equipped with Qualcomm's Snapdragon 8295 platform + LIDAR sensors and high-level voice AI models. Besides the integrated Smart Multi-Channel Electronic Drive system, CTC solid-state electric bottom plate technology, and the car boasts pure-electrics range over 600+ km.