Zhejiang Geely Holding Group (Geely Holding), China’s largest private-owned automotive group, welcomed a US$750-million Series A fundraising at ZEEKR Intelligent Technology, the premium pure play electric mobility brand within the Geely Holding portfolio. On completion of the investment by five investors Prof. Amnon Shashua, Contemporary Amperex Technology Ltd (CATL), Yuexiu Industrial.
Zeekr, a premium electric marque of Zhejiang Geely Holding Group, said on Monday it has finished a $750 million Series A financing round, which will beef up its valuation to $13 billion.