Hyperdrive
EV Maker Zeekr Explores Possible US Stock Offering in February
- EV maker is betting sentiment to improve around Lunar New Year
- The Geely-backed company had guaged investor demand last month
Robotic arms operate on the production line of the Zeekr Co. 009 electric luxury minivan in Ningbo, Zhejiang Province, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., is exploring the possibility of a planned US initial public offering in February, according to people with knowledge of the matter.
The EV maker has been looking for an appropriate listing window after gauging investor demand last month, the people said. The company is now looking at a potential first-time share sale around the Lunar New Year, which will start on Feb. 10, betting investor appetite will improve by then, they said.