Record First Half Profit! ZeroRun Achieves Year-to-Date Sales Guidance, Vice President "Leaks" New Car Releases and Overseas Factory Planning
August 18th evening, ZeroRun announced its 2025 first half-year financial results. The report showed that the company achieved a revenue of 242.5 billion yuan in the first half of 2025, with a year-on-year increase of 174%, and a net profit of 0.3 billion yuan, achieving a positive net profit for the first time since last year's loss of 22.1 billion yuan.
During the earnings conference call, ZeroRun's management team indicated that based on the first half-year performance, the company expects its third-quarter total sales to reach 170,000-180,000 units and adjust its full-year sales guidance from the previous 50,000-60,000 units to 58,000-65,000 units.
Looking ahead to next year, ZeroRun's Vice President Li Tengfei expressed confidence in challenging the sales target of 1 million units. "We hope that our existing B and C series models will have an increase next year. Additionally, we hope that our new A and D series models will be able to develop according to ZeroRun's rhythm and habits. Based on this foundation, we expect all platform models to reach our expected sales levels."
Aims to Achieve Net Profit of 5-10 Billion Yuan This Year
This year's first half-year revenue reached 242.5 billion yuan, with a year-on-year increase of 174%, mainly due to the significant increase in delivery quantities and related service income. Data shows that ZeroRun's non-automotive sales business generated nearly 11 billion yuan in revenue for the company.
As for profitability, ZeroRun's gross profit rate reached 14.1% in the first half of this year, a significant increase from last year's 1.1%, setting a new high for the company's first-half gross profit rate. This data is also approaching that of Tesla and Ideal Automobile.
According to Li Tengfei, ZeroRun's automotive gross profit rate was around 12% in the first half of this year. This also means that non-automotive sales business, such as carbon credit transactions, technology licensing, and component exports, has contributed to the growth of profitability.
Photo source: Every News reporter Zhang Jian photo (reference picture)
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