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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