What to know about Zeekr, the Chinese EV brand aiming for a U.S. IPO:
The company’s proposed IPO, which will allegedly occur in New York in the second quarter of 2023, coincides with plans to launch the 001 in Europe next year, as more Chinese automakers expand beyond their homeland’s borders. While Zeekr has stated its intentions to come to North America, the company has yet to lay out the groundwork needed to sell cars stateside.
Through the first nine months of 2022, Zeekr sold just over 60,000 cars in China—far from the approximately 285,000 Tesla Model Ys sold in the country in the same period, but still a solid start for a young brand. If sales keep up and the European launch is a success, the IPO on the New York Stock Exchange could mark the first step towards Zeekr breaking through into the American market.
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