Zeekr

Zeekr plans to begin a new round of communications with investors in late August with an IPO valuation expected to be well over $13 billion, according to local media.

Zeekr's three current models target niche segments, while three new models to be launched this year and next will target the mass market.

Zeekr said its stores are seeing a large number of visitors following the Zeekr 001 price cut.

Zeekr today announced that customers who purchase the Zeekr 001 during the year will receive a discount of between RMB 30,000 and RMB 37,000.

The Zeekr 001 FR will be the best of Zeekr's high-performance all-electric vehicles, priced at more than RMB 1 million, it said.

Zeekr will initially offer the Zeekr 001 shooting-brake and the Zeekr X urban SUV in Kazakhstan, where they will be available for pre-sale starting in September and delivered to customers in November.

After the Netherlands and Sweden, Zeekr will soon enter other European markets including Norway, Germany, Denmark and France, it said.

In the January-July period, Zeekr delivered 54,672 vehicles, up 127.50 percent year-on-year.

Zeekr will launch the Zeekr 001 and Zeekr X in Israel, with pre-sales expected to begin in the fourth quarter and deliveries to follow.

Zeekr is offering customers who buy the Zeekr 001 at least RMB 28,000 worth of option benefits in the third quarter, as it aims to deliver about 140,000 vehicles this year.