Geely's premium EV brand Zeekr to bring in external financing
Building cars is a business that needs to burn money, so auto giant Geely has decided it wants to bring in external capital for its new premium electric vehicle brand Zeekr to accelerate its growth.
Geely sets headquarters for its premium EV brand Zeekr in Ningbo
Geely has had a close relationship with Ningbo for a long time, as the launch of the Zeekr 001 was held at the Zeekr Smart Factory in Ningbo's Hangzhou Bay New District.
Geely's EV brand Zeekr reportedly plans to deliver 10,000 units of Zeekr 001 within this year
Zeekr plans to deliver 10,000 Zeekr 001 units within the year, with monthly sales expected to exceed 10,000 units next year, according to local media.
Geely's EV brand Zeekr says it has sold out all deliverable Zeekr 001 models for this year
Zeekr said it has sold out of deliveries of its first model, the Zeekr 001, available for delivery this year and has stopped taking further deposits.
Zeekr 001 may also be getting a variant with scissor doors
Since the release of the XPeng P7 Wing Edition, scissor doors seem to have become a high-end feature that many car companies are looking at.
Geely's premium EV brand Zeekr unveils first model with range of up to 712km and prices starting at $43,030
The Zeekr 001 has a subsidized starting price of RMB 281,000 ($43,030) and a top trim price of RMB 360,000, a range that has a lot of overlap with the Tesla Model 3.
Geely's Zeekr brand's first model could be unveiled this month and go on sale in August
The car's pricing makes it a potential competitor to the NIO ET7, which is priced from RMB 448,000 before subsidies for delivery in the first quarter of 2022.
Geely plans to launch new EV brand Zeekr to Target Tesla
Chinese car company Geely plans to launch "Zeekr," a new electric car brand, to take on main EV rival Tesla with higher-end vehicles, Reuters reported on Friday.