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ZEEKR IPO: Chinese electric vehicle giant enters the market

- Zeekr is planning an initial public offering (IPO) in the US market, with a planned offering of 17.5 million American Depositary Shares (ADSs).

- The price of each share is estimated to be in the range of $18 to $21, with a total offering value of up to $367.5 million.

- Companies such as Geely Auto, Mobileye Global Inc. and Contemporary Amperex Technology Co. Ltd. have expressed interest in shares worth up to $349 million.

- Vehicles on offer include the 001 five-seat crossover, the X compact sport-utility vehicle and the recently launched 007 premium sedan.

- The planned offering is led by top financial institutions such as Goldman Sachs Group Inc, Morgan Stanley, Bank of America Corp. and China International Capital Corp.

- A successful IPO would strengthen Zeekr's market position and provide the necessary capital for further expansion and development of new technologies.

Will you be following this very interesting IPO from my point of view?


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