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Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China - TL;DR CNBC

Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China

Publishing timestamp: 2024-04-24 20:43:23


Summary

Zeekr, a Chinese electric car brand, is outselling Tesla in parts of China and plans to expand in Europe and Latin America this year. The company expects overseas sales to boost revenue and has filed for a public offering on the New York Stock Exchange. They are also focusing on sustainability initiatives and are exploring the possibility of building factories in overseas markets.


Sentiment: POSITIVE

Tickers: 1810-HK,  TSLA,  1211-HK,  175-HK,  ZE594-CN, 

Keywords: tesla inc,  stock markets,  geely automobile holdings ltd,  business news,  autos,  technology,  xiaomi corp,  byd co ltd,  market insider,  markets,  breaking news: technology, 

Source: https://www.cnbc.com/2024/04/25/geely-backed-luxury-ev-brand-zeekr-says-its-beating-tesla-in-parts-of-china.html


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