Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Chinese carmaker Geely Auto Group has established a new company called Zeekr to meet the growing global electric vehicle (EV) demand.

Zeekr will be based in China and will build new EV technology and solutions. The new company’s first vehicle is expected to be delivered in Q3 2021. Production will be undertaken by the parent company and will use Geely’s Sustainable Experience Architecture (SEA) to enable software upgrades throughout the car’s lifespan while using its own battery technology, battery management systems, electric motor technology, and electric vehicle supply chain.

Initially, Zeekr plans to focus on the Chinese domestic market and eventually venture into exporting vehicles in order to support global demand. Geely Holdings also owns other EV brands such as Lynk  Co, Polestar, LEVC, Geometry, and Lotus Cars.

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