Chinese EV model Zeekr is now truly worth additional than Xpeng

Chinese EV model Zeekr is now truly worth additional than Xpeng


Essential Factors
  • Geely-backed electrical vehicle brand name Zeekr said Monday it can be now valued at $13 billion right after a $750 million increase from Chinese battery huge CATL and some others.
  • Zeekr is not nonetheless publicly shown, but Geely stated in December the manufacturer filed confidentially for an original general public supplying in the U.S.
  • The new valuation can make Zeekr truly worth additional on paper than Xpeng, which had a sector worth of $8.01 billion, according to Refinitiv Eikon data accessed Monday.



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