Summary
– Zhejiang Geely Holding Group welcomed new equity investors to Zeekr after completing an IPO on the NYSE
– Zeekr, a global premium electric mobility technology company, will focus on improving internal control and corporate governance
– Funds from the IPO will be used to develop new technologies, products, and expand sales and charging networks
– Geely Holding believes there are massive opportunities in the global EV market and sees Zeekr as a pillar for its electric transformation
– Zeekr plans to expand globally and has already delivered over 240,000 vehicles since October 2021, with a focus on satisfying the growing global EV demand.
Article
Geely Holding Group, China’s largest privately-owned automotive group, recently welcomed new equity investors to Zeekr, a global premium electric mobility technology company, following its initial public offering on the New York Stock Exchange. The company’s shares will be traded under the ticker “ZK.” Zeekr, now a publicly listed company, aims to enhance its internal control, corporate governance, and global compliance, while focusing on delivering high-quality products to customers worldwide. Funds raised from the IPO will be used for developing advanced technologies and products, as well as expanding sales, marketing, and charging networks globally.
With the growing demands and opportunities in the global new energy vehicle market, Geely Holding sees Zeekr as a key player in its electric transformation journey. Daniel Li, CEO of Geely Holding, believes that Zeekr can capitalize on the market’s potential to create long-term value for users, investors, and society. Andy AN, CEO of Zeekr Technology and President of Geely Holding, sees the company’s listing as a significant milestone that enables Zeekr to expand globally and meet the increasing demand for smart electric mobility.
As a premium electric mobility brand under Geely Holding Group, Zeekr aims to build a fully integrated user ecosystem with innovation at its core. Leveraging Geely’s Sustainable Experience Architecture (SEA) and its own battery technologies, electric motor technologies, and supply chain, Zeekr has already delivered over 240,000 vehicles since October 2021. The brand offers a range of models, including Zeekr 001, Zeekr 001 FR, Zeekr 009 MPV, Zeekr X urban SUV, and Zeekr 007 sedan. Zeekr plans to expand its sales to European, Middle Eastern, and other Asian markets, with a strategic rollout plan over the next five years to meet the increasing global demand for electric vehicles.
With a commitment to sustainability and innovation, Zeekr is poised to provide cutting-edge products and services to its customers worldwide. The company’s focus on delivering premium electric mobility solutions aligns with the growing trend towards electric vehicles and sustainable transportation options. By leveraging Geely’s expertise and resources, Zeekr aims to lead the way in the global transition towards electric mobility and contribute to a greener and more sustainable future.
Zeekr’s global expansion plans include entering new markets and scaling up production to meet the rising demand for electric vehicles. By offering a range of electric models with advanced technologies and features, Zeekr aims to establish itself as a leading player in the premium electric mobility market. With a focus on user experience and sustainability, Zeekr is well-positioned to capture a significant share of the growing electric vehicle market and contribute to the global shift towards cleaner and more efficient transportation options.
Overall, Zeekr’s listing as a publicly traded company marks a significant step in its journey towards becoming a global leader in premium electric mobility technology. With Geely Holding’s support and expertise, Zeekr is well-equipped to drive innovation, sustainability, and growth in the electric vehicle market. The company’s focus on delivering high-quality products, expanding its global presence, and meeting the evolving needs of customers underscores its commitment to shaping a more sustainable future for mobility.
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