Zeekr, the electric car brand of China’s Geely Automobile, is raising $750 million from five new and existing investors in a funding round that values the brand at $13 billion, according to Reuters. Zeekr, which sells two purely electric car models, said in a statement on Monday that proceeds from the funding round will be used to support technology research and the global expansion of the Zeekr brand. Reference Link
Published first on TheFly
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