Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China
by CNBC
CNBC— EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.
Fortune—Geely’s EV brand Zeekr plans what could be the biggest U.S. IPO by a Chinese company since 2021. Zeekr is seeking to raise as much as $367.5 million in a U.S. initial public offering.
CNBC—Tesla’s entry into India’s EV market will be 'good news’ for the country, says MG Motor India. India's EV sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India's CEO Emeritus.
Fortune—Tesla leans harder into discounts, slashing Full Self-Driving price after cuts to EVs in China, Europe, and the U.S.. Late Saturday, Tesla cut the price of its Full Self-Driving software to $8,000 in the U.S. from $12,000.