Chinese EV Maker Zeekr Continues Rising After IPO
Zeekr Intelligent Technology(ZK) Investopedia·2024-05-13 16:06
The company is one of several making competition in the Chinese and global EV market increasingly tight, squeezing the margins of larger Chinese companies like BYD (BYDDY), and other international players like Tesla (TSLA). Some of the Chinese companies have expanded abroad, with Zeekr's IPO bringing some speculation about whether the company could be next. "The capital markets in New York are very favorable for new energy vehicles. Zeekr is a global brand, and choosing to list in New York further demonstra ...