EV-a2zEV-a2z
Notification Show More
Aa
  • News
    • EV Type
      • BEV
      • HEV
      • PHEV
      • FCEV
    • System
      • EV
      • Battery
      • Charging Infra
    • Veh. Type
      • Bike
      • 3 Wheeler
      • Car
      • Bus
      • Truck
      • Aircraft
    • Country
      • United States
      • United Kingdom
      • Australia
      • India
      • China
      • Germany
      • Japan
      • Canada
    • Company
      • Tesla
      • BYD
      • General Motors
      • Ford
      • Toyota
      • Volkswagen
      • Hyundai
      • Stellantis
    • Energy
      • Solar Energy
      • Wind Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Search
© EV-a2z. All Rights Reserved.
Reading: Zeekr, a Chinese EV brand, has surpassed Xpeng in value
Share
Aa
EV-a2zEV-a2z
Search
  • News
    • EV Type
    • System
    • Veh. Type
    • Country
    • Company
    • Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Follow US
EV-a2z > News > Zeekr, a Chinese EV brand, has surpassed Xpeng in value
News

Zeekr, a Chinese EV brand, has surpassed Xpeng in value

EV-a2zs
Last updated: 2023/02/14 at 8:19 AM
EV-a2zs Published February 13, 2023 2 Min Read
Share
2 Min Read
Zeekr
Zeekr
SHARE

Zeekr, a Geely-backed electric car company, announced Monday that it had raised $750 million in funding from Chinese battery giant CATL and others.

Contents
$8.01 billion market value of ZeekrZeekr to enter the European market

Zeekr is not yet traded publicly, but Geely announced in December that the brand had filed for a confidential first public offering in the United States.

China EV pioneer monthly delivery from Jul-22 to Jan-23$TSLA and #BYD have different scale & not in the chart$NIO $XPENG $LI Zeekr NETA

Verdict: no conclusion can be draw yet, its highly competitive battle field pic.twitter.com/UTNOOLDILW

— M for Electric ⚡️🔋 (@millepun) February 7, 2023

$8.01 billion market value of Zeekr

As per Refinitiv Eikon data accessed on Monday, Zeekr is now worth more than Xpeng, which had a market value of $8.01 billion.

According to the data, Nio and Li Auto are far more valuable, with market valuations of $17.22 billion and $25.22 billion, respectively.

Amnon Shashua, co-founder and CEO of self-driving tech firm Mobileye, is among Zeekr’s new investors. The company did not immediately respond to a request for comment.

According to a press release, Contemporary Amperex Technology (CATL) and three state-affiliated funds have also taken part in the latest funding round.

The first 100k viewed video on Inside China Auto is not the incredibly popular Zeekr 001, not the XPeng G9, not even the Polestar 2.

No. It's a one-and-a-half-hour walkthrough of an entire motor show.

Who says long-form content is dead? pic.twitter.com/SDdK4kll2z

— Inside China Auto (@InsideChinaAuto) February 1, 2023

Zeekr to enter the European market

Zeekr plans to use the funds for technological development and to join the European market this year.

In 2021, Geely launched the Zeekr electric vehicle brand. The Zeekr 001 coupe was first delivered in October of that year, and the company claims to have delivered over 80,000 units since then.

The Zeekr 001 costs between 300,000 and 386,000 yuan ($43,915). In comparison, Model Y starts at 261,900 yuan.

Geely's Zeekr plans electric vehicle sales in Europe in 2023 – Reuters
View more: https://t.co/lTXh1dzMi0#Ainvest #Ainvest_Wire #WallStreet #OnlineTrading #StockTrading pic.twitter.com/KD5aEJdYHX

— AInvest Wire (@Ainvest_Wire) November 2, 2022

According to the company, deliveries of the much larger and boxier multi-purpose vehicle Zeekr 009 began in January. The starting price is 499,000 yuan.

Geely, based in China, purchased Volvo, a Swedish automaker previously owned by Ford Motor.

According to the China Passenger Car Association, Geely was the fourth-largest producer of new energy vehicle passenger cars in China in 2022, trailing Tesla China, which was third.

You Might Also Like

Hyundai reveals battery suppliers of its EV models amid fire concerns

Uber boss casts doubt on Tesla’s Robotaxi vision

Tesla secures direct sales license in Kentucky

CATL launches showroom of EV models powered by its batteries in China

Tesla Semi to hit European roads

TAGGED: China, Electric Vehicle, EV, Geely, USA, XPeng, Zeekr, Zeekr 001, Zeekr 009
EV-a2zs February 14, 2023 February 14, 2023
Share This Article
Facebook Twitter Flipboard Whatsapp Whatsapp LinkedIn Reddit Email Copy Link

Follow US

Find US on Social Medias
Facebook Linkedin Twitter

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Popular News
TESLA
News

Elon Musk met with President Yoon Suk Yeol to discuss the possibility of a Tesla Gigafactory in South Korea

EV-a2zm By EV-a2zm April 27, 2023
Queensland targets 100% EV Fleet
Warren Buffett cuts stake in BYD again by 1.06 million in January 2023
Subaru to launch four new electric models by 2026
France accelerates EV plans as China’s Xi Jinping arrives amid trade tensions 
- Advertisement -
Ad imageAd image

Tags

Australia (197) Autonomous Driving (110) Battery (805) BEV (71) BMW (105) BYD (319) Canada (74) CATL (84) Charging Infrastructures (360) China (749) Electric Truck (72) Electric Vehicle (4971) Elon Musk (324) Europe (466) EV (5090) EV Sales (169) Ford (180) Full Self-Driving (94) General Motors (118) Germany (134) Gigafactory (90) Honda (74) Hyundai (156) India (268) Japan (82) Kia (92) Lithium (74) Lithium-ion Battery (79) Mercedes Benz (83) NIO (101) Nissan (77) Renewable Energy (91) Rivian (76) Solar Power (99) Stellantis (117) Tesla (1564) Tesla Cybertruck (101) Tesla Model 3 (151) Tesla Model Y (178) Tesla Superchargers (90) Toyota (154) UK (150) USA (1518) Volkswagen (183) Volvo (76)

About Us

Your definitive guide to the electric vehicle and renewable energy transition, offering insights, news, and analysis on EVs and green energy trends.

Top Menu

  • News
  • Reviews
  • Listicle
  • EV Sales
  • FAQ

Resource

  • Policy/Standard/Regulation
  • Glossary
  • Books
  • Expo
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

EV-a2zEV-a2z
© EV-a2z. All Rights Reserved.
  • About EV-a2z
  • Terms
  • Privacy
  • Cookie Policy
  • Contact
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Newsletter Tesla red
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?