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 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…
Zeekr gets set to drive off Wall Street, just a year after arriving
The company’s proposed privatization is part of an ongoing effort by parent Geely to consolidate its many listed units Key Takeaways: Zeekr has received a privatization bid from Hong Kong-listed…
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…
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,…
Zeekr’s IPO honeymoon ends with forced marriage to Lynk & Co.
The recently listed maker of luxury electric vehicles controlled by Geely will pay $1.3 billion for 51% of one of its parent’s units that only recently entered the EV market…
After zipping on to Wall Street, Zeekr faces long road ahead
The electric vehicle maker that listed in New York last month said its losses continued to narrow in the first quarter Key Takeaways: Zeekr’s first-quarter revenue from auto sales rose…
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Zeekr’s buyout stalls, and Chagee’s returns cool
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BRIEF: Zeekr showcases three new models at CES 2025
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