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Zeekr loses 24 per cent in New York trading after announcement of Geely Auto reorganisation plan
NEW YORK, May 10 (Xinhua) -- Chinese electric vehicle (EV) brand Zeekr Friday made an impressive debut on the New York Stock Exchange, with its shares opening nearly 24 percent higher than the IPO price of 21 U.S. dollars per share.
Beijing: Zeekr Intelligent Technology Holding Ltd, the high-end electric car brand under Zhejiang Geely Holding Group Co, is seeking to raise as much as US$367.5mil in a US initial public offering (IPO).
Gothenburg (Sweden): Electric-car maker Zeekr is banking on extra momentum from sister brands like Volvo Car AB to push into Europe, just as Chinese carmakers’ ambitions in the region move into the crosshairs of global trade tensions.
SINGAPORE: High certificate of entitlement (COE) prices are not quelling motor dealers’ appetite to grow their portfolios.
SHANGHAI: Zeekr is aiming to deliver 230,000 cars in 2024, double its deliveries in 2023, a company spokesperson said on Monday, as the electric car brand of China's Geely ramps up sales of new models and expand into overseas markets.
BEIJING (Reuters) - Zeekr, the premium electric vehicle brand by Geely, said on Friday it raised $500 million in its first external funding from investors including Intel, battery maker CATL and online entertainment firm Bilibili.
BRIJING: China's Geely Holding said its premium electric mobility brand, Zeekr, will make electric vehicles for Waymo, Alphabet Inc's self-driving unit, to be deployed as fully autonomous ride-hailing vehicles across the United States.
The carmaking giant has entered the fray against Tesla by launching an EV it describes as a vehicle to excite rather than commute inConventional carmakers are upping the ante in EVs and mounting a challenge to Tesla, says Yale Zhang, managing director of Automotive Foresight
Alibaba Group Holding Ltd and BMW AG will team up to produce AI for cars in China, as the tech giant looks to monetise its emerging products and the German automaker seeks to catch up to local brands that are dominating the key market.
The Chinese robotics specialist UBTech has announced that it has successfully tested the deployment of several dozen of its humanoid robots in an electric car factory – a world first.
HONG KONG: Li Shufu, the billionaire behind one of the world's largest automobile empires, has been doing some soul-searching.
Orders for the revamped model, which starts from US$36,292 have crossed 200,000 units, according to Chinese tech site 36kr
Viral online video shows driver and passenger watching a movie while falling asleep under blankets inside speeding vehicle.
BEIJING (SCMP): An auto company senior executive in China sparked significant backlash after sharing a video of himself enjoying a hotpot meal inside a new car model from his firm, aiming to promote its multipurpose use and air filtration system.
Only those that can sustain operations without external funding will stay in the race amid overcapacity and tariff woes, analysts say
Only those that can sustain operations without external funding will stay in the race amid overcapacity and tariff woes, analysts say
Paris: China’s electric vehicle (EV) makers have been known to push the envelope when it comes to dreaming up new functions to attract buyers.
Hong Kong ‘can act as a two-way gateway for Chinese EV makers to go overseas and bring in new technologies’
