Within the structure of the Geely automaker, the ZEEKR brand claims to be a “mass premium” brand, and last week rumors about the intentions of this electric vehicle manufacturer to enter the American stock market were confirmed. At the same time, the appearance of the ZEEKR 007 electric sedan was demonstrated on Chinese social networks.
Image Source: ZEEKR, Weibo
The ambitious Chinese brand currently offers four electric vehicle models.. The 001 electric crossover, naturally considered the first-born, is offered in two versions, including the FR version with four electric motors and sporty dynamics, while the luxury minivan 009 is accompanied by the compact ZEEKR X crossover. Last week, the company also released photos of its first sedan, dubbed 007.
According to Electrek, orders for the new product in China will begin to be accepted this week, after a formal announcement at the automobile exhibition in Guangzhou. Meanwhile, an application for an IPO appeared on the website of the US Securities and Exchange Commission. This automaker is going to enter the US stock market under the designation ZK, competing with NIO and XPeng, which have already passed this path. It is not specified when ZEEKR will be listed on the US stock exchange, but this procedure will take several weeks.
In February, the automaker raised $750 million in capital, valuing its business at $13 billion.. According to preliminary data, the company initially expected to raise about $1 billion in the United States through an IPO.. Founded in 2021, the brand sold 79,028 electric vehicles in China in the first nine months of this year and ranked 13th in popularity. ZEEKR plans to enter the markets of the Netherlands, Sweden, Germany, Israel and Kazakhstan.