Exclusive: Zeekr, Chinese automaker Geely's upmarket electric car brand, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion
Zeekr lodged its filings with U.S regulators last week and is planning to go public in New York as early as the second quarter of 2023, said two of the sources and a fourth source who also had direct knowledge of the matter.According to two of the sources, Zeekr also considered Hong Kong as its listing venue but picked New York in the hope of achieving a higher valuation.
Established by Geely, formally known as Zhejiang Geely Holding Group , in April 2021 to tap into increasing Chinese demand for premium EVs, Zeekr launched the 001 crossover in China later that year.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WSJ News Exclusive | Fast-Fashion Giant Shein Explores Becoming Online MarketplaceThe fast-growing company founded in China has also begun diversifying its supply chain to Europe, according to memo to investors
Read more »
Exclusive: Toyota to outline 3-year EV plan changes to suppliers -sourcesToyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said.
Read more »
Exclusive: Toyota to outline 3-year EV plan changes to suppliersToyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said.
Read more »
EXCLUSIVE: SoCal mom goes to extreme lengths to find daughter's stolen 'Pidgey Magoo' in SFA young girl who visited San Francisco is making a desperate plea tonight after a toy with a lot of sentimental value was stolen on the last day of their family vacation.
Read more »
EXCLUSIVE: UTA Signs Drag Performer and Makeup Artist Gottmik“RuPaul’s Drag Race” star Gottmik has been signed by United Talent Agency. The 25-year-old, born Kade Gottlieb in Arizona, rose to fame ontying for third place on the 13th season.
Read more »