Chinese EV brand Zeekr puts US IPO on hold: report

Chinese EV brand Zeekr puts US IPO on hold: report

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, Chinese automaker Geely’s premium electric vehicle (EV) brand, has put its US initial public offering (IPO) on hold due to a mismatch in valuation expectations, according to two sources with direct knowledge of the matter.