Illustration of the umbrella brand of Geely, which includes Zeekr, Volvo, Lotus.

Zeekr’s buyout stalls, and Chagee’s returns cool

A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?
Zeekr privatization hits speed bump

Zeekr privatization hits a speed bump

At least six of the new energy vehicle maker’s minority shareholders have sent letters to the NEV maker saying a proposed privatization price is too low Key Takeaways: Six minority…
Black Sesame makes new energy chips

BRIEF: Geely Holding partners with Renault on NEVs in Brazil

Geely Automobile Holdings Ltd. (0175.HK) announced on Tuesday its parent, Zhejiang Geely Holding Group Co. Ltd., has agreed to expand its strategic cooperation with Renault SA’s (RNO.PA) Brazilian subsidiary for…
Black Sesame makes new energy chips

BRIEF: Zeekr showcases three new models at CES 2025

Zeekr Intelligent Technology Holding Ltd. (ZK.US) is set to unveil three of its newest electric vehicles (EVs) this week at the 2025 Consumer Electronics Show (CES 2025) in Las Vegas,…