Zeekr plans to go public in the US

Zeekr, a Chinese EV maker owned by Geely, is said to have filed a US IPO aiming to raise more than US$1 billion (7 billion yuan).

According to reports from Reuters, Zeekr will be listed on the New York Stock Exchange as early as Q2 next year.

The EV company was founded in March last year and five months later, it finished its US$500 million Pre-A round of financing. Geely issued a statement on October 31 suggesting a spin-off listing for Zeekr.

If the IPO goes well, it will be the fastest listing by an EV maker to get listed. It took Nio four years and XPeng six years to go public.

Zeekr has two models on sale, the Zeekr 001 sedan was first delivered in October last year, and 70,000 have been sold. The MPV Zeekr 009, started pre-sales in November and will start delivering in January next year.

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