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Zeekr Going Public In The U.S. This Week With A $5.1 Billion Valuation

Zeekr Going Public In The U.S. This Week With A $5.1 Billion Valuation
carscoops.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carscoops.com Daily Mail and Mail on Sunday newspapers.

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Tesla's China rival Zeekr eyes $5 billion IPO in the U.S.

The premium EV brand Zeekr first hinted at its initial public offering plans last year

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Geely's EV brand Zeekr could have biggest U.S. IPO by a Chinese company since 2021

Saudi Wealth Fund Raises Stakes In Carmaker Aston Martin

Saudi Wealth Fund Raises Stakes In Carmaker Aston Martin
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PIF Raises Aston Martin Ownership

Saudi Arabia’s PIF is buying more of the car favored by James Bond, Aston Martin. PIF will raise its stake to 20.5%. This is up from 17.9%. PIF, with this move, outpaces the ownership of China’s Shufu Li and automotive company Geely. Aston Martin Chair Lawrence Stroll is still the top shareholder. An Aston Martin…

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