10
May
17:14
Zeekr floats on New York Stock Exchange with $441m IPO
Chinese smart electric vehicle company Zeekr Intelligent Technology on Friday floated on the New York Stock Exchange and expects to raise $441 million in its initial public offering.
The premium BEV brand priced shares at $21 each, which is the top of the indicated range, reaching a valuation of $5.5 billion. It is planning to sell 21 million shares, Kallanish reports.
The company is owned by Chinese automaker Geely Holding, which also owns Volvo Cars, Poles…
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