China's Zeekr revives $500m US IPO plan

China's Zeekr revives $500m US IPO plan

FILE PHOTO: People walk past a booth of Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo

Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely, has restarted stalled plans to raise up to $500 million in a New York initial public offering (IPO), according to two sources with direct knowledge of the matter.

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