Chinese EV maker Zeekr Soars Nearly 35% in Stellar US Market Debut

May 12, 2024, 05.11 AM | Source: Reuters
Chinese EV maker Zeekr Soars Nearly 35% in Stellar US Market Debut

ILUSTRASI. Chinese EV maker Zeekr Soars Nearly 35% in Stellar US Market Debut

WALL STREET - May 10 (Reuters) - Zeekr'sZK.N shares rose almost 35% above their initial public offering price on Friday in a strong start for the electric-vehicle maker, the first major U.S. market debut by a China-based company since 2021.

The company successfully pulled off its U.S. flotation as it seeks to stand out among a crowded group of Chinese electric-vehicle makers competing for a bigger share of the European market.

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