Geely's EV brand Zeekr raises $750 mln in fresh funding round

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Zeekr, the electric car brand of China's Geely Automobile Holdings , is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion.

, is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion.

Zeekr, which sells two purely electric car models, said in a statement on Monday that proceeds from the funding round will be used to support technology research and the global expansion of the Zeekr brand. The investors include Amnon Shashua, CEO and founder of autonomous driving technology company Mobileye Global

 

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