Zeekr

Zeekr filed a draft registration statement for a potential IPO with the SEC on December 7 on a confidential basis.

Insurance registrations for NEVs in China by major EV makers rebounded last week, although they have not yet reached the levels seen before the Chinese New Year holiday.

Zeekr's third model has been named the Zeekr X, not the Zeekr 003 as previously widely believed. (Image credit: Zeekr) Geely's electric vehicle subsidiary Zeekr today unveiled the …

Zeekr's factory resumed production on February 1 after a 21-day shutdown, the company said.

The model will be one of two new models Zeekr will launch this year that the company says will be the ceiling for performance in the A-class SUV.

The Chinese New Year holiday from January 21 to January 27 was a significant impact on car companies' sales activity.

Zeekr is preparing to launch two new models this year, aiming to make them popular once they hit the market, its CEO said.

The model, likely to be named Zeekr 003, is expected to target a price range of RMB 150,000 ($22,110) - 200,000 yuan and is expected to help Zeekr reach its goal of doubling annual sales.

In the second week of January, China's NEV sales, as measured by insurance registrations, were 99,000 units, up 37.51 percent year-on-year and up 28.61 percent from the previous week.

From January 2 to January 8, China NEV insurance registrations were 77,000 units, down from 163,700 units the previous week.