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Geely

Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation Geely

Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation

Zeekr's flagship model, the Zeekr 001, on display in Shanghai, China. Qilai Shen/Bloomberg Zeekr, an electric vehicle brand of Chinese billionaire Li Shufu’s Geely Holding Group, announced on Monday it raised $750 million from investors including Chinese billionaire Robin Zeng’s Contemporary Amperex Technology (CATL), the world’s largest EV battery maker…
bubmag
February 13, 2023
EV brand Zeekr announces $750 million funding round from investors including Mobileye founder Geely

EV brand Zeekr announces $750 million funding round from investors including Mobileye founder

Zeekr, a premium electric vehicle brand launched by Chinese automaker Geely, said on Monday it has raised $750 million in a Series A from investors including Amnon Shashua, founder and chief executive of Intel’s self-driving tech unit Mobileye. The funding, which upped the company’s valuation to $13 billion, marks a…
bubmag
February 13, 2023
Geely’s Low-altitude Travel Solution Provider Aerofugia Completes First Flight after Spring Festival Geely

Geely’s Low-altitude Travel Solution Provider Aerofugia Completes First Flight after Spring Festival

Aerofugia, a technology company under Geely, which focuses on low-altitude travel, vehicle flight and industry intelligent solutions, successfully completed its first flight on January 30 after the Spring Festival holiday. This flight marked a new stage in the test flight verification of the AE200 X01 series. In September 2020, Geely…
bubmag
January 31, 2023